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Sam Bennett

Sam Bennett

29 Jun 2023 Updated.

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Elon Musk Provides Update on Tesla Semi Production, Delays Expected

During a recent conference, Elon Musk, CEO of Tesla, provided an update on the Tesla Semi production timeline, the company’s class 8 electric truck.

The production version of the Tesla Semi was unveiled in December 2022, and initial deliveries to customers have commenced.

However, Musk revealed that volume of the Tesla Semi will not begin until the end of 2024. Citing battery-supply constraints as a major factor in the delay.

Prior to the start of deliveries last year, Elon Musk had set an ambitious target of ramping up Tesla Semi production to 50,000 units per year by 2024.

However, with limited production capacity at the low-volume production line in Nevada, it appears that Musk is revising the timeline.

The CEO now acknowledges that achieving volume production will take longer than anticipated, pushing it back to the end of 2024.

You may also like: Elon Musk – The Entrepreneurial Mind

Elon Musk Provides Update on Tesla Semi Production Timeline

Tesla Semi Production

Elon Musk cited battery-supply constraints as a primary reason for the delay in ramping up Tesla Semi production. The availability of batteries is a crucial factor in scaling up the production of electric vehicles.

Tesla’s efforts to secure an adequate battery supply appear to be ongoing. With the expansion of Gigafactory Nevada being a significant part of their strategy.

Tesla had previously announced plans to establish volume Tesla Semi production through an expansion of Gigafactory Nevada. However, the actual implementation of this expansion has yet to materialize.

The delayed progress in expanding Gigafactory Nevada raises concerns about the ability to achieve the ambitious production targets set by Elon Musk.

Electrek, a publication focusing on electric vehicles, suggests that the delay in Tesla Semi should not come as a surprise. Given the absence of tangible progress in the Gigafactory Nevada expansion.

They express skepticism regarding Tesla’s ability to deliver a significant number of Tesla Semi trucks in 2024, given the current pace of developments.

Electrek also highlights the discrepancy between Musk’s initial estimates and the actual state of the Tesla Semi program. Which may raise concerns among investors and industry observers.

Elon Musk Provides Update on Tesla Semi Production, Delays Expected