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Tesla Semi rolls off production line seven years late [Yahoo! Finance]
Last tesla, inc. earnings: 4/29 04:11 pm
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US:NASDAQ Investor Relations: ir.tesla.com
The electric truck was first unveiled in 2017, with Tesla CEO Elon Musk pledging at the time that production would begin in 2019. That target was pushed back to 2020, then 2021, then 2022, before a limited launch on a low-volume “pilot” line saw a few early units delivered to PepsiCo. In 2023, a $3.6 billion expansion of Tesla's Gigafactory in Nevada included a dedicated high-volume Semi factory, however by 2024 the mass production target deadline was once again pushed back to 2026. By contrast, Volvo's electric truck was announced the year after the Tesla Semi was unveiled, and entered volume production just a year later. The Swedish automaker is now the global leader in electric truck manufacturing. Tesla's missed deadlines follow a pattern of overly optimistic timelines set by Musk at his various companies. The second generation Tesla Roadster, which was unveiled alongside the Semi in 2017, was meant to enter production in 2020 but is now scheduled for 2027. There ha
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