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Elon Musk Targets Tesla To Produce 50,000 Semi-Trucks By 2024

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Elon Musk-owned electric vehicle company Tesla is aiming to produce 50,000 Tesla Semi units per year in 2024 as the company aims to be a top truck manufacturer afterwards. While answering questions from retail and institutional investors during the Q&A session, Musk mentioned that the Semi is already in early production. And since Tesla typically takes about a year to ramp up production of a new product.

The company would like to offer a Tesla Semi also in other markets. We guess that it would be a modified/different version to comply with local requirements. Most likely, it would be locally produced so we are talking about a potential new EV truck factory in Europe or Asia.

On its pricing, the outspoken CEO was reticent to give an exact figure for the Semi, but said it costs “a lot more than a passenger vehicle…a few heavy trucks of this nature would be worth several Model Ys,” he added. The exact pricing for the Semi is no longer listed on Tesla’s website, but it had previously been advertised at $180,000 for a truck with a 500-mile range between charges.

Musk reconfirmed that the range rating was for a Semi pulling a trailer at the maximum combined 82,000-pound weight allowed by law. Hopefully, the Semi has spurred the Tesla team to finish development work on the constantly delayed Cybertruck (which Musk made some bizarre promises about) and the long-awaited Roadster replacement. The automaker says the former will arrive as soon as next year, a whopping five years after it was first unveiled to the public.









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