New Electric Semi-truck Unveiled By Tesla

Tesla showed photos of the new high-speed Roadster

More interesting news about Tesla Inc (NASDAQ:TSLA) were released by: Businessinsider.com and their article: "The secret to how Tesla gets its cars to look so good" published on November 19, 2017 as well as Reuters.com's news article titled: "Tesla's unfettered ambition will drain finances: analysts" with publication date: November 17, 2017. Following the completion of the transaction, the vice president now directly owns 21,424 shares in the company, valued at approximately $6,461,478.40.

The speedy two-seater owes its mind-bending speed to its lightweight frame and beefy batteries which have a drive range of around 1000km and a final top speed of 400km/h. The Tesla Roadster base price will be $200,000 and you can reserve yours for $50,000.

Grocery and discount house Meijer Inc., told Bloomberg News it would test four Tesla trucks.

The maximum speed of the Semi is 65 mph, which is not bad for a truck of its size.

"He realizes that, in this age of noise, when so much and so many things are competing for our attention, you have to have something that stands out".

Tesla says that the new semi-truck has the ability to travel 500 miles on a single charge.

Tesla introduced a new show-stopper last week in the form of a colossal big-rig electric semi.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock.

Earlier this month, Loblaw committed to have a fully electric fleet as part of the company's commitment to reduce its carbon footprint by 2030. They will provide 400 miles of range in 30 minutes.

With the launch, Tesla goes after a market for traditional and mostly diesel-powered trucks estimated to be approaching $34 billion a year. The trucking industry has been moving towards greater safety, lower fuel costs and cleaner energy. The driver is seated in the center of the vehicle and is surrounded with touchscreen displays that control the vehicle's features.

The company unveiled its new electric semitractor-trailer overnight near its design centre in Hawthorne, California.

Tesla had kept quiet about the Roadster, with Musk reappearing after announcing the new electric semi-truck.

Personal Capital Advisors Corp decreased Tesla Inc (TSLA) stake by 4.02% reported in 2017Q2 SEC filing. The company's revenue for the quarter was up 29.9% compared to the same quarter last year. "The point of this is to give a hardcore smackdown to gasoline cars". Sensors will automatically adjust the motors to correct for pitch, yaw and traction. The firm has "Hold" rating by Oppenheimer given on Wednesday, August 9. Concert Wealth Management Incorporated has invested 0.21% in Tesla Inc (NASDAQ:TSLA).

Just as the Tesla electric cars stirred up the car market (most manufacturers are promising all electric vehicles within two to three years) Tesla Semis will create havoc in the transportation arena for the next decade.

Technology like this could displace some massive industries employing millions of people, including fossil fuels, vehicle manufacturing and servicing, not to mention the jobs of more than 3.5 million who drive trucks in the United States alone. Ten research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eleven have issued a buy rating to the company's stock.

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