
Tesla Semi With Walmart Branding Spotted: What's Next For EV Giant's Push Into Semi-Trucks?
- by Benzinga.com
- May 06, 2024
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Related Link: Tesla Q1 Earnings Highlights: EV Giant Misses Wall Street Estimates, Makes Cost Cuts, Invests In AI, Speeds Launch Of New Models
Why It's Important: The pictures shared on social media were well received by Tesla influencers on X as Tesla has been relatively quiet about the Tesla Semi segment.
The owned vehicle by Walmart could see the retail giant providing real-life feedback to Tesla to help lead to increased production by this key customer.
Tesla said during its first-quarter earnings call that Semi deliveries are expected to come in late 2025 and into 2026. The expansion of Gigafactory Nevada is also expected to increase Tesla Semi production.
Vice President of Vehicle Engineering Lars Moravy said that engineering of the Tesla Semi is being finalized in a move that will lead to high-volume production.
TSLA Price Action: Tesla shares are up 1.6% to $184.21 on Monday, versus a 52-week trading range of $138.80 to $299.29.
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