Tesla plans to sell trucks: big semis, pickups, too [View all]
Source: Extreme Tech
Tesla will unveil its latest project in September: a semi truck. That’s according to CEO Elon Musk, who tweeted the news Thursday: “Tesla Semi truck set for September.” Tesla also will debut a pickup truck within the next two years, although that’s old news for those who read the Tesla master plan of 2016. And Tesla will return to its roots with a second-generation convertible roadster.
This is good news for investors who like to see Tesla expand its horizons beyond two, soon to be three, kinds of electric cars. This is bad news for investors who wonder how well Tesla can scale, and if Musk has enough bandwidth to shepherd all the products to fruition. Still, a company that delivered 76,230 vehicles in 2016 this month has surpassed both Ford and General Motors in market capitalization, or total value.
Tesla appears to have four new vehicles in the offing. All will be full-on EVs, not plug-in hybrids. This week’s tweet says Tesla will unveil a tractor (“semi”) for a tractor-trailer rig in September. A pickup truck has been announced as part of Tesla’s plans since Musk unveiled Master Plan, Part Deux in July 2016, when Musk wrote:
Today [July 2016], Tesla addresses two relatively small segments of premium sedans and SUVs. With the Model 3, a future compact SUV and a new kind of pickup truck, we plan to address most of the consumer market.
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Read more: https://www.extremetech.com/extreme/247707-tesla-plans-sell-trucks-big-semis-pickups
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