Retailers to Pilot New Tesla Electric Semi

Mandy Carr
November 18, 2017

Tesla shares are up 4.07% to $325.22 on Friday after the company announced its new semi truck and surprised investors with a new Roadster auto.

Elon Musk surprises everyone with a new Roadster. "Driving a gasoline sports auto is going to feel like a steam engine with a side of quiche". There's also fierce competition in the electric truck market, with Volkswagen, Daimler and Cummins all either debuting their own versions or working hard on their development.

The semi can travel 500 miles between charges.

Tesla Chief Executive Elon Musk said the articulated lorry has a range of 804 kilometers (499.5 miles) on a single charge.

Tesla says the Semi will be able to do more number of trips than a diesel truck in its life span. Tesla is way behind on production of the Model 3, a new lower-cost sedan, with some customers facing waits of 18 months or more. As for jackknifing, Musk said it will be "impossible" thanks to the Semi's independent motors offering vehicle stability assist.

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Tesla says production for the new Semi should commence by 2019 in the US. To reserve the base $200k Roadster, you'll need to make a $50,000 reservation now.

In his presentation, Musk said the cost of operating an electric tractor-trailer would be $1.26 per mile, compared with $1.51 per mile in a diesel truck. Using four separate electric motors, the Semi will go from 0 to 60 miles per hour in five seconds, compared with 15 seconds in a diesel cab, Musk said.

While shares in the company are up more than 40% this year, they have fallen 20% since hitting record highs in mid-September.

Musk - who has vowed to take humans to Mars in the next few years - has become famous for his futuristic visions, which also include a supersonic "Hyperloop" train under Los Angeles that would travel at over 200mph. Regulations require commercial trucks to be sidelined if their windshields are cracked in a way that could affect the driver's view. The chair and steering wheel are in the cab's center.

The family vehicle was supposed to be Tesla's opening to a broad market, with a sticker price starting at $35,000 - but production snags have meant that instead of making thousands of Model 3s each month, Tesla produced only 260 in September. In addition, he surprised everyone with the debut of an updated Tesla Roadster. Stepping into the delivery ring is Tesla Founder and CEO Elon Musk, whose previous auto and SUV models have been a continued success.

Other reports by Guamnewswatch

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