Tesla Inc has provided an update on the long-awaited Tesla Semi, a development that has sent shockwaves through the market. The company’s stock is currently trading in a tight range, leaving investors wondering what the future holds.
Key Points to Consider
- Tesla stock is trading in a tight range, with investors eagerly awaiting the next move.
- The company has announced that its first Tesla Semi has rolled off the high-volume production line, marking a significant milestone in the development of the electric semi truck.
Tesla High-Volume Semi Production Begins
In a recent social media post, Tesla announced that its first Tesla Semi has rolled off the high-volume production line. The post featured an image of Tesla workers inside the company’s Semi production facility, located near Reno, Nevada. Volume production of the Semi kicked off in March, with the company targeting production of 50,000 Semis per year.
Features and Pricing
The Tesla Semi is available in two models:
- Standard range model: $260,000
- Long range model: $290,000
Deliveries are slated to start this year, with the company aiming to make a significant impact in the electric vehicle market.
TSLA Shares Stall After Hours
Tesla shares were down 0.13% in after-hours trading, with the stock price standing at $372.30. The company’s stock has been trading in a tight range, with investors waiting for the next big move.
Related News
For more information on Tesla’s stock performance, readers can check out the following article:
Here’s How Much $100 Invested In Tesla 10 Years Ago Would Be Worth Today
Image Credits
Image: Shutterstock.com