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Stock impact report

The Tesla Semi Is Still Stalled [Seeking Alpha]

Tesla, Inc. (TSLA) 
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Company Research Source: Seeking Alpha
SummaryThe Tesla Semi was unveiled in Nov. 2017. Elon Musk claimed it would enter commercial production in 2019, but so far, only two prototypes have ever been built.The program has been stymied by limitations in battery technology. The Semi's promised range and towing capacity could not be achieved with 2017 battery tech. 2020 tech is still insufficient.With the prospect of an electric semi capable of competing with diesel trucks still out of reach, truck manufacturers have turned to other clean energy sources, especially hydrogen fuel cells.Fuel cell-powered vehicles can already perform nearly on par with their diesel-powered peers. Daimler and Volvo have partnered to develop fuel cell technology for their commercial haulers.The Tesla Semi is not crucial to Tesla's overall business, but its failure could be devastating to the company's reputation and growth narrative; that could threaten its lofty valuation.A few years ago, Tesla (TSLAblow your mindredefine truckingAt the time of it Show less Read more
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