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Tesla Semi spotted in Supercharger between mysterious Lathrop facility and Fremont factory
Tesla’s eye-catching red Semi prototype was recently sighted paying a visit to a Supercharger located between the company’s mysterious Lathrop facility and its main factory in Fremont, CA. Similar to other sightings of the vehicle, the all-electric truck seemed to have attracted attention from Tesla enthusiasts in the area.
Tesla enthusiast John Grinley was staying at a hotel in Dublin, CA this past Saturday when he decided to stop by a nearby Tesla store so he could test drive a Model 3. While spending some time at the location, the aspiring Model 3 owner was asked by the staff if he would like to stay a little longer to see the Tesla Semi in person. Not wanting to miss the opportunity, Grinley opted to wait.
Just as hinted at by the store’s staff, the Tesla Semi did arrive at the Dublin Store, parking itself at a Supercharger. Grinley, together with around 10-15 people who were at the store for test drives, were treated to a rare, up-close look at the all-electric long hauler. The enthusiast was able to capture a couple of photos, as well as a video of the vehicle parking at a charging spot.
Tesla has stated it would be using the Semi for its own operations, and if sightings of the vehicle are any indication, this does appear to be the case. This is one of the reasons why several Semi sightings have been in areas that are close to or en route to a key Tesla location. Dublin, for example, lies between Tesla’s Fremont, CA factory and the electric car maker’s massive, mysterious Lathrop facility, which is currently under construction.
Tesla has been incredibly secretive about the nature of the Lathrop site, though speculations have suggested that the location could be utilized either as a parts distribution center, or even a site for the production of the Semi. Recent photos taken inside the massive facility, for one, show some remarkable similarities with the interior of Gigafactory 3 in China, which, of course, is intended for electric vehicle production.
Tesla has been road-testing the Semi since it was unveiled almost two years ago. Since then, both Semi prototypes have been sighted in multiple parts of the country. At times, the vehicles were spotted bobtailing (traveling without a trailer attached), while at other times, the all-electric trucks were seen pulling a trailer. More recently, the red-wrapped Semi prototype has been seen pulling a trailer filled with concrete weights, as could be seen in the recent sighting above.
Just like Tesla’s existing lineup of vehicles, the Semi is expected to have the potential to disrupt the highly-lucrative trucking market. Thanks to its four Model 3-derived electric motors, the Tesla Semi boasts a lot of power and torque, allowing the vehicle to accelerate from 0-60 mph in 5 seconds flat without a trailer. With a full load, the Semi is still capable of reaching highway speeds in around 20 seconds. This acceleration could be seen in several sightings involving the vehicle, proving that when it starts getting released, the Semi would likely outrun its fossil fuel counterparts on a regular basis.
Watch the Tesla Semi visit the Dublin store in the video below.
Tesla stock (NASDAQ: TSLA) closed at an all-time high on Tuesday, jumping over 3 percent during the day and finishing at $489.88.
The price beats the previous record close, which was $479.86.
Shares have had a crazy year, dipping more than 40 percent from the start of the year. The stock then started to recover once again around late April, when its price started to climb back up from the low $200 level.
This week, Tesla started to climb toward its highest levels ever, as it was revealed on Sunday that the company was testing driverless Robotaxis in Austin. The spike in value pushed the company’s valuation to $1.63 trillion.
Tesla Robotaxi goes driverless as Musk confirms Safety Monitor removal testing
It is the seventh-most valuable company on the market currently, trailing Nvidia, Apple, Alphabet (Google), Microsoft, Amazon, and Meta.
Shares closed up $14.57 today, up over 3 percent.
The stock has gone through a lot this year, as previously mentioned. Shares tumbled in Q1 due to CEO Elon Musk’s involvement with the Department of Government Efficiency (DOGE), which pulled his attention away from his companies and left a major overhang on their valuations.
However, things started to rebound halfway through the year, and as the government started to phase out the $7,500 tax credit, demand spiked as consumers tried to take advantage of it.
Q3 deliveries were the highest in company history, and Tesla responded to the loss of the tax credit with the launch of the Model 3 and Model Y Standard.
Additionally, analysts have announced high expectations this week for the company on Wall Street as Robotaxi continues to be the focus. With autonomy within Tesla’s sights, things are moving in the direction of Robotaxi being a major catalyst for growth on the Street in the coming year.
Elon Musk
Tesla needs to come through on this one Robotaxi metric, analyst says
“We think the key focus from here will be how fast Tesla can scale driverless operations (including if Tesla’s approach to software/hardware allows it to scale significantly faster than competitors, as the company has argued), and on profitability.”
Tesla needs to come through on this one Robotaxi metric, Mark Delaney of Goldman Sachs says.
Tesla is in the process of rolling out its Robotaxi platform to areas outside of Austin and the California Bay Area. It has plans to launch in five additional cities, including Houston, Dallas, Miami, Las Vegas, and Phoenix.
However, the company’s expansion is not what the focus needs to be, according to Delaney. It’s the speed of deployment.
The analyst said:
“We think the key focus from here will be how fast Tesla can scale driverless operations (including if Tesla’s approach to software/hardware allows it to scale significantly faster than competitors, as the company has argued), and on profitability.”
Profitability will come as the Robotaxi fleet expands. Making that money will be dependent on when Tesla can initiate rides in more areas, giving more customers access to the program.
There are some additional things that the company needs to make happen ahead of the major Robotaxi expansion, one of those things is launching driverless rides in Austin, the first city in which it launched the program.
This week, Tesla started testing driverless Robotaxi rides in Austin, as two different Model Y units were spotted with no occupants, a huge step in the company’s plans for the ride-sharing platform.
Tesla Robotaxi goes driverless as Musk confirms Safety Monitor removal testing
CEO Elon Musk has been hoping to remove Safety Monitors from Robotaxis in Austin for several months, first mentioning the plan to have them out by the end of 2025 in September. He confirmed on Sunday that Tesla had officially removed vehicle occupants and started testing truly unsupervised rides.
Although Safety Monitors in Austin have been sitting in the passenger’s seat, they have still had the ability to override things in case of an emergency. After all, the ultimate goal was safety and avoiding any accidents or injuries.
Goldman Sachs reiterated its ‘Neutral’ rating and its $400 price target. Delaney said, “Tesla is making progress with its autonomous technology,” and recent developments make it evident that this is true.
Investor's Corner
Tesla gets bold Robotaxi prediction from Wall Street firm
Last week, Andrew Percoco took over Tesla analysis for Morgan Stanley from Adam Jonas, who covered the stock for years. Percoco seems to be less optimistic and bullish on Tesla shares, while still being fair and balanced in his analysis.
Tesla (NASDAQ: TSLA) received a bold Robotaxi prediction from Morgan Stanley, which anticipates a dramatic increase in the size of the company’s autonomous ride-hailing suite in the coming years.
Last week, Andrew Percoco took over Tesla analysis for Morgan Stanley from Adam Jonas, who covered the stock for years. Percoco seems to be less optimistic and bullish on Tesla shares, while still being fair and balanced in his analysis.
Percoco dug into the Robotaxi fleet and its expansion in the coming years in his latest note, released on Tuesday. The firm expects Tesla to increase the Robotaxi fleet size to 1,000 vehicles in 2026. However, that’s small-scale compared to what they expect from Tesla in a decade.
Tesla expands Robotaxi app access once again, this time on a global scale
By 2035, Morgan Stanley believes there will be one million Robotaxis on the road across multiple cities, a major jump and a considerable fleet size. We assume this means the fleet of vehicles Tesla will operate internally, and not including passenger-owned vehicles that could be added through software updates.
He also listed three specific catalysts that investors should pay attention to, as these will represent the company being on track to achieve its Robotaxi dreams:
- Opening Robotaxi to the public without a Safety Monitor. Timing is unclear, but it appears that Tesla is getting closer by the day.
- Improvement in safety metrics without the Safety Monitor. Tesla’s ability to improve its safety metrics as it scales miles driven without the Safety Monitor is imperative as it looks to scale in new states and cities in 2026.
- Cybercab start of production, targeted for April 2026. Tesla’s Cybercab is a purpose-built vehicle (no steering wheel or pedals, only two seats) that is expected to be produced through its state-of-the-art unboxed manufacturing process, offering further cost reductions and thus accelerating adoption over time.
Robotaxi stands to be one of Tesla’s most significant revenue contributors, especially as the company plans to continue expanding its ride-hailing service across the world in the coming years.
Its current deployment strategy is controlled and conservative to avoid any drastic and potentially program-ruining incidents.
So far, the program, which is active in Austin and the California Bay Area, has been widely successful.
Tesla stock closes at all-time high on heels of Robotaxi progress
Tesla needs to come through on this one Robotaxi metric, analyst says
