Elon Musk: Tesla will unveil its semi-truck in September

Regardless of being just a fraction of the size of its rivals, Market cap -wise Tesla Motors is now the major automotive company following rise in shares over the past few months. The company also released a short video that showed a Tesla accelerating.

Tesla Inc. plans to unveil an electric cargo truck in September, Chief Executive Elon Musk said Thursday, April 13, heating up the race to get a zero-emissions semi truck on the road, The Los Angeles Times reports.

The CEO congratulated the Tesla Semi team for doing "an wonderful job".

Previous year when Tesla CEO Elon Musk disclosed the company's intention to acquire solar installer SolarCity, the board of directors came under fire for having close relations with him.

Tesla will also unveil a pickup in the next 18 to 24 months.

Musk also responded to a question on Twitter about the company's vision for a "new kind of pickup truck" mentioned in master plan revision. As we previously reported, Musk put Tesla's Vice President of Vehicle Programs, Jerome Guillen, in charge of the automaker's all-electric heavy truck program.

At this stage, little is known of either except they are expected to be all-electric like all of the products from the company which eschews petroleum power. The addition of a semitrailer and pickup would boost its lineup.

Tesla, unprofitable and in debt, faces many challenges to meet Mr. Musk's ambitious goals, including bringing on a $35,000 Model 3 sedan later this year, boosting production to 500,000 next year from about 84,000 last year and demonstrating a fully self-driving auto that can cross the U.S.by the end of this year.

The company is gearing up to build its widely anticipated Model 3 mid-market sedan.

It found that, on average, a used Model S will take 87 days to sell, about 5% quicker than the other models. Skeptics say Tesla's growth targets are unrealistic. The company has a history of delays and coming in under promised production.

Recommended News

  • Cramer calls coverage of Sean Spicer's Hitler comments overblown

    Following Sean Spicer's disastrous White House briefing yesterday, one GOP lawmaker decided fact and reality didn't matter so much as defending his party and Spicer's reputation.

    Possible conditions for life discovered on Saturn moon

    However, post the discovery of the icy spray by Cassini in 2005, the researchers shifted the detectors toward Enceladus. Saturn's moon Enceladus has hydrogen gas pouring into the ocean from underneath, NASA said Cassini data indicated.
    Delta lifts cap for voluntary bumping to $9950

    Delta lifts cap for voluntary bumping to $9950

    Managers can offer as much as US$9,950, more than seven times the previous cap of US$1,350, the memo dated April 13 says. But not every Delta gate offers gift cards from American Express, which are almost as good as cash.
  • Trump says China is working with US on 'North Korea problem'

    They're working on a whole new generation of missiles, and of course one of them failed in the last 24 hours", he said. His visit comes amid escalated tensions on the peninsula, with heated rhetoric from both North Korea and the US.

    Butler, Bulls hold off Celtics in Game 1

    During the team's pregame shootaround TNT's cameras captured him being consoled on the bench by teammate Avery Bradley. Celtics fans rallied behind Thomas, showering him with a deafening cheer when he was introduced.
    Sidney Crosby will play, other Penguins will rest vs. Maple Leafs

    Sidney Crosby will play, other Penguins will rest vs. Maple Leafs

    They took it to the reeling Jackets (losers of six straight coming in), holding them without a shot for the first 10-plus minutes. He eventually left that game against the Buffalo Sabres and missed the following start with an undisclosed upper-body injury.
  • Lorde Debuts New Song 'Sober' at Pre-Coachella Show

    Lorde Debuts New Song 'Sober' at Pre-Coachella Show

    It also served as the world premiere for a number of songs from her upcoming second album, Melodrama . Tickets cost just $20 each in reference to Lorde's age, which alright, no need to rub it in.
    Down 0-2 and still scoreless, Blackhawks remain confident

    Down 0-2 and still scoreless, Blackhawks remain confident

    The Blackhawks now need a win in Nashville (they were 24-13-4 on the road this season) in order to return to Chicago. Trotz is considering some lineup adjustments going into Game 3 Monday night. "You can't just defend that team".
    Everything We Know About the 'Star Wars' Disney Theme Parks

    Everything We Know About the 'Star Wars' Disney Theme Parks

    According to Disney publicity, the land lies on a planet "somewhere on the Outer Rim - lying on the edge of the Unknown Regions". The video above offers a preview of the development of the new Star Wars-themed lands coming to Anahiem and Orlando.
  • Galaxy S8 Will Launch Without Key Feature

    Bixby is expected to become more and more capable in the coming months and years as more and more apps feature voice activation. Existing AI tools like Siri , Cortana, Alexa, and Google Assistant can't perform such actions, a key differentiator for Bixby .
    Howard Stern: Sean Spicer Speaks 'Fluent Moron'

    Howard Stern: Sean Spicer Speaks 'Fluent Moron'

    Spicer apologized for his comments Tuesday afternoon, calling them "inappropriate and insensitive". However, people were quick to call for Spicer's resignation.

    North Korea says its 'swords drawn'

    But it is also meant to send an unmistakable message to Washington about the isolated, nuclear-armed North's military might. When asked if North Korea would use nuclear weapons if they felt they were being attacked, Ryol replied "of course".

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.