Tesla To Deliver Its First All-Electric Semis, Three Years Later Than Planned

Tesla CEO Elon Musk speaks during the unveiling of the new Tesla Model Y in Hawthorne, California on March 14, 2019. (Photo by Frederic J. BROWN / AFP)        (Photo credit should read FREDERIC J. BROWN/AFP via Getty Images)

At a glance

  • Tesla Board Chair Robyn Denholm said the company will only make 100 electric semis before the end of this year, but in October, Musk said he wants to produce 50,000 semis in 2024.
  • “As I think everyone knows at this point, it takes about a year to ramp up production. So, we expect to see significant — we’re tentatively aiming for 50,000 units in 2024 for Tesla Semi in North America,” Musk remarked during a third-quarter earnings call in October, according to Fox News.
  • Last month, Tesla board members discussed their concern over their CEO’s time and attention being diverted away from the car company after the billionaire purchased Twitter in a $44 billion deal. Musk said he plans to “reduce [his] time at Twitter and find somebody else to run Twitter over time” as Tesla’s stock has tumbled nearly 45% this year.

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