News
Tesla Semi with trailer showcases unearthly acceleration and sound in new sighting
Just like all of Tesla’s other offerings, the Semi is a very quick vehicle. Prior to the truck’s unveiling, Elon Musk noted in a TED Talk that the Semi would be a “very spry” truck that could be driven around like sports car.
Musk’s comments were eventually highlighted by the Semi’s specs, such as its 0-60 mph time of 5 seconds flat when launching without a trailer, as well as actual sightings of the vehicle accelerating like a high-performance sedan. Earlier this year, for one, the Semi was spotted performing a seemingly impromptu tire-shredding acceleration run while cruising on an area between Tesla’s Fremont factory and its Palo Alto headquarters.
The Semi has since been sighted in multiple states across the US, and during the company’s Q2 2018 earnings call, Jerome Guillen, the former head of Tesla’s truck programs who is now serving as the company’s President of Automotive, pointed out that the vehicle had already been improved since it was initially unveiled. The exact nature of these improvements remains to be seen, but if a video of the Semi captured earlier this month is any indication, it appears that the electric long-hauler has gotten even more daunting and impressive when it performs a full-speed acceleration run.
The Tesla Semi was sighted in Salt Lake City earlier this month, and not long after that, the truck visited the company’s office in Draper, UT. The vehicle attracted the attention of members of the Tesla community, including r/TeslaMotors subreddit member u/m3gusta_, who was able to capture the vehicle on video as it accelerated forward while hauling a trailer. The video was brief, but it was enough to show what the Semi looks and sounds like when it is launching with what seemed like the vehicle’s full power. Needless to say, the Tesla Semi’s quickness, as well as the unmistakable, high-pitched, futuristic sound of the truck’s four Model 3-derived electric motors, were nothing short of unearthly.
The Semi’s performance, handling, and power were specifically pointed out by professional driver Emile Bouret, a close friend of Tesla chief designer Franz von Holzhausen, in an Instagram post earlier this month. Bouret, who is no stranger to the power and performance of Tesla’s electric cars due to his work since the original Tesla Roadster (he also conducted the test drives in the next-gen Roadster during the Semi’s unveiling last year), noted that the Semi’s “speed and agility” were at odds with a vehicle of its size. Bouret further dubbed the electric long-hauler as a truck that is cool and crazy in equal measure.
Over the past month, sightings of the Semi have increased, with the vehicle being spotted traveling across several states and visiting some of its reservation holders like J.B. Hunt, UPS, and Ruan Transportation Management Systems. Tesla’s engineers accompanying the vehicle as it conducted its real-world tests have also begun sharing information about the truck to the Tesla community. During a stop in CO, for example, Tesla engineers shared details on the Semi’s upcoming sleeper cabin, the prototype’s carbon fiber construction, and the truck’s existing 26-camera system.
When the vehicle was unveiled last year, CEO Elon Musk noted that the Tesla Semi is expected to begin production sometime in 2019. As noted by Eric Markowitz & Dan Crowley of Worm Capital in a note published after a tour of Gigafactory 1, Tesla is planning on “earnestly” producing the Semi by 2020.
Watch the Tesla Semi launch with a trailer in the video below. Do note that this video is best viewed with the sound turned up.
https://streamable.com/vvkn6
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
