Tesla Semi to Enter Production Later This Year

Jul 20, 2021   

Tesla’s Semi truck is preparing to enter production following numerous delays.

A production line for Tesla Semi at a newly-constructed building next to Gigafactory Nevada is reportedly nearing completion. Drive axle production is ready and an assembly line is undergoing debugging and quality assurance before production of the electric semi-truck begins at an anticipated rate of five Tesla Semi trucks per week by the end of this year.

Tesla began taking reservations at a cost of $20,000 (originally $5,000 prior to the launch event) for Tesla Semi after unveiling the vehicle in November 2017. As of Q1 2018, there were a total of 2,000 reservations. 

Tesla Semi starts at $150,000 with an anticipated 300-mile range, with a longer range configuration featuring around 500 miles of range available for $180,000. Both configurations are best-in-class in the category, with an estimated 0-60 time of 20 seconds at full capacity and the lowest cost-of-operation of any semi-truck on the market. It also features Enhanced Autopilot for advanced collision avoidance and a low center of gravity for rollover protection.

Production was originally slated to begin 2019, ultimately being delayed until 2020. Understandably, this was pushed to this year despite the automaker’s best efforts to start volume production last summer. Tesla continues to accept reservations on its site, with no estimated delivery timeline.

Real Talk

Tesla Semi is going to be a big deal for the automaker, as it is arguably a game-changer for the category. Many large players in the space have been waiting for production to begin, with plans to test Tesla Semi in their fleets before likely making larger commitments.

We have no reason to believe Tesla won’t be able to deliver this year. The company is usually ambitious with timelines and last year was undoubtedly impacted by the pandemic, which caused lost development times for a large number of businesses.

This could resemble a shift in the semi industry: besides Supercharging times being slower than a gas refill, there is no benefit to an internal combustion engine semi-truck. These vehicles are typically purchased by large companies that are incredibly cognizant of the cost of operation. Enhanced Autopilot alone could make Tesla Semi a top option compared to other alternatives considering how devastating semi accidents can be for those involved. 

We’ll be ready to go in the future for sellers that plan to sell used Tesla Semi trucks.

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