It will still have the ability to “platoon” with other Tesla trucks, creating a kind of highway train of semis driving close together, which could ultimately benefit consumers and the environment, he said, and make the roads safer.

“We’re confident we can do this today 10 times safer than a human driver,” Musk said.

truck stop dating-16

Now on the mend, a rally to $330 on Thursday’s close could set up TSLA for the same fate.

Investors could play for that ~$15 per share move into the event. A close over $330 should be bought and if that does happen, a close below $330 can be used as a stop-loss.

(There’s also a version with a 300-mile range.) It will be able to do round-trip runs on a vast majority of U. freight routes, which are 250 miles or less, Musk said.

There was no discussion of how much the batteries will weigh, which is a huge factor for carriers.

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk tweeted out an update on a new product: the new Tesla semi truck.

In typical TSLA stock price fashion, it took a few hours to have an impact.

This will blow your mind clear out of your skull and into an alternate dimension,” he said in his from Reuters, the big rig could handle a range of 300 miles per charge.

A Bernstein analyst predicts 300-450 miles." data-reactid="14"According to a report from Reuters, the big rig could handle a range of 300 miles per charge. Investor Place - Stock Market News, Stock Advice & Trading Tips" data-reactid="15"Investor Place - Stock Market News, Stock Advice & Trading Tips Cost and range. How much will it cost Tesla to produce and what’s the price tag?

If anyone can make an all-electric semi truck work, it’s Elon Musk. And while that may be a great feat, consider a few things: First, a Tesla semi truck is still likely a few years away.

Even a great product may take two or three years before it’s a serious reality. The sedan is not hitting previous production targets and there are serious questions about when it will really ramp up.

Third and final, cash-burn has always been an issue with Tesla and I’m hard-pressed to believe a new semi truck will ease that burden.