Tesla Motors Inc (NASDAQ:TSLA)’s Elon Musk Is Going After Semi Truck Industry

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Tesla Motors Inc (NASDAQ:TSLA) is looking to make inroads in the trucking industry. CEO Elon Musk unveiled a self-driving semi truck which will run on battery. The semi truck is cheaper in price and has higher efficiency. Mr. Musk also stated that the truck would be groundbreaking. In the below article, Neal E. Boudette throws light on the entire event.

Tesla Unveils an Electric Rival to Semi Trucks

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In an elaborately produced nighttime presentation by its chief executive, Elon Musk, Tesla on Thursday unveiled a prototype for a battery-powered, nearly self-driving semi truck that the company said would prove more efficient and less costly to operate than the diesel trucks that now haul goods across the country. And of course, it will emit no exhaust.

In a surprise, Mr. Musk also showed he was not letting up on the car side of the business, unveiling a new Tesla Roadster that he said would be able to reach 60 miles per hour in 1.9 seconds and travel 620 miles before needing to recharge. He claimed it would be the first production car ever with a zero-to-60 time under two seconds.

It has a top speed of at least 250 miles per hour, said Mr. Musk, dressed in a green canvas jacket and jeans. Read more here…

Below are few images of how stunning Tesla’s semi truck looks.

Do check below video to know everything about Tesla’s semi truck and roadster.

Tesla Semi truck and Roadster event in 9 minutes

Elon Musk unveiled Tesla’s new Semi truck and (in a surprise) a second-generation Roadster. The truck is supposed to get 500 miles per charge, while the Roadster is said to achieve 620 miles. Watch the full event cut down to 9 minutes. Do leave your comments and feedback on the YouTube video here…

Viraj Shah

Viraj Shah has completed M.Com (Finance) and is currently pursuing his CFP. He tracks US markets along with other global markets like India very closely. He is very passionate about stocks, real estate, and technology. He also believes that money can always be made in the market.