Tesla Rumored To Start Semi Production In July, Aiming For 2,500 Units By Year's End

The Tesla Inc TSLA Semi was unveiled in November 2017. During the presentation, CEO Elon Musk touted a range of over 500 miles with a full load and zero-to-60 times that would rival some sedans.

The Semi was expected to cost $180,000 for the long-range version, and promised to save truckers thousands of dollars over the life of the vehicle on fuel and maintenance.

Now rumors covered by Tesla fan site Tesmanian say the Semi could finally be ready for production.

Sawyer on Twitter shared details regarding a Tesla parts supplier. While nothing is concrete, it appears this supplier started work on Semi-related parts at the end of 2020.

See also: How to Invest in Tesla Stock

The source says production will start in California, but ultimately the bulk of Semi construction will take place at Gigafactory Texas in 2022. 

Up to 350 Semis could be built by August.

These will be candidate and pilot vehicles, with final release construction starting in August.

The supplier expects 2,500 Semis in 2021 and up to 25,000 Semis produced in 2023. A sleeper cab version is also expected to be produced in 2021. According to the source, Tesla wants to eventually reach a capacity of 50,000 Semis per year.

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Photo courtesy of Tesla.