First Tesla Inc (TSLA) Semi Truck Details Emerge

Tesla Semi Truck Tesla Inc is inching closer to a prototype of an advanced electric-powered semi truck

Tesla Semi Truck Tesla Inc (NASDAQ:TSLA) is inching closer to a prototype of an advanced electric-powered semi truck, and is in talks with state motor vehicle agencies to begin testing soon.

According to correspondence uncovered by Reuters, Tesla is developing a long hauly electric semi truck that’s self-driving and can move in platoons with a lead truck commanding the followers. Road tests of the vehicles are imminent in Nevada and perhaps other states as well:

Meanwhile, California officials are meeting with Tesla on Wednesday “to talk about Tesla’s efforts with autonomous trucks,” state DMV spokeswoman Jessica Gonzalez told Reuters.

The correspondence and meeting show that Tesla is putting self-driving technology into the electric truck it has said it plans to unveil in September, and is advancing toward real-life tests, potentially moving it forward in a highly competitive area of commercial transport also being pursued by Uber Technologies Inc and Alphabet Inc’s Waymo.



Tesla Semi Truck

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Last year, Tesla CEO Elon Musk reported the first plans to build an electric semi truck. He followed up earlier this year that the truck would be officially launched in September, so a real unveiling is imminent now.

The biggest factor slowing the production of electric semi trucks is a lack of battery power. To haul large loads, the trucks would need an enormous amount of energy. That means huge batteries and lots of them, which loads the vehicle down and limits the amount it can tow.

We’ll see soon enough if Tesla has figured out some kind of solution there.

Tesla Inc shares fell $0.23 (-0.06%) in premarket trading Thursday. Year-to-date, TSLA has gained 70.12%, versus a 11.63% rise in the benchmark S&P 500 index during the same period.Like up on FACEBOOK




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Jadtecnic

Richard Dambrosi (JADTECNIC) Has Been Sharing FOREX INVESTORS ANALYSIS FORECAST since 2011. Editors and Founder of InvestorsBuz.com, has a passion for Forex Social Sharing analysis and Market Trends Such as Self Driving Cars, Electric Cars, Medical Marijuana, 3d printing and Cloud computing, Refers to Readers as BUZ INVESTORS.

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