Tesla Makes Its Biggest Semi Push Yet. Nevada Factory Opens With 50,000-Truck Annual Goal.

Tesla has begun mass production of its Semi electric truck, nine years after its initial announcement. The Semi offers 325 or 500 miles of range, depending on the model, and features improved battery technology. Tesla claims the truck is cheaper to operate than diesel alternatives, with a 95% uptime rate in 2024. The production model weighs under 23,000 pounds and is priced at $260,000 for the Standard Range and $290,000 for the Long Range.

The EU postponed a vote on Tesla's 'Full Self-Driving (Supervised)' to December at the earliest. The Technical Committee on Motor Vehicles will continue discussions on the Dutch request for EU-wide approval. Tesla had anticipated a vote in October. The approval requires support from 15 EU member states representing 65% of the bloc's population, which may be challenging due to opposition from several countries.

Tesla has started delivering its Semi electric trucks to customers, nearly a decade after the model's initial unveiling. The company plans to produce up to 50,000 trucks annually at its Reno plant, with the longest-range version expected to travel 500 miles on a single charge. Tesla aims to reduce emissions and costs for fleet operators, though charging infrastructure remains a challenge, according to TechCrunch.

Tesla (TSLA) stock has fallen 15.55% in 2026, trading at $368.74. RBC Capital's Tom Narayan reiterated a 'Buy' rating and a $480 price target, citing strong execution and volume. Narayan projects Q3 deliveries of 464,000 vehicles, exceeding consensus. RBC highlights Robotaxi as a key growth opportunity. 25 analysts average a 'Moderate Buy' rating with a $388.85 target, implying 5.11% upside.

Tesla (TSLA) has started high-volume production of its Semi electric truck at a new Nevada factory, targeting 50,000 vehicles annually. Initial customers include PepsiCo, US Foods, and DHL. Elon Musk noted a significant waiting list. Tesla aims to expand production and introduce autonomous driving technology. Recent orders include 2,500 trucks from a coalition including Microsoft and PepsiCo, and 500 from Einride. TSLA shares were down 2% on Friday.

Tesla has begun delivering its all-electric Semi trucks to customers after nearly a decade of delays. The event in Reno, Nevada, highlighted the truck's features, including a 500-mile range and cost savings for fleet owners. Tesla plans to produce up to 50,000 trucks annually, with the most expensive variant priced near $300,000 before incentives. The company addressed design changes and improvements made based on customer feedback and technical challenges.