Chief Executive Elon Musk said Thursday said the company will unveil its first "Semi truck" in September in what appears to be yet another major product launch for the electric vehicle maker. Musk tweeted Thursday that a Tesla semi truck is just months away and work is ongoing on an electric pickup truck as well. "Both are in the early stages of development at Tesla and should be ready for unveiling next year", read the declaration of intention for both models issued last summer during Tesla's conference for Master Plan Part Deux.
Musk has said that by offering the Model 3, along with the Model S and Model X premium vehicles, it should be able to offer a future compact SUV and a pickup to cover most of the available consumer market. The shares closed down 3.8 percent at $296.84 in Wednesday's trading on Nasdaq, however. Its shares climbed 2.4 percent to close at $304 in NY, valuing the company at about $49.6 billion.
There is however a strong hint from Tesla's Master Plan that makes it reasonable to assume these trucks will be packaged with an autonomous driving platform.
Musk said in February that the company was making progress on its semitruck. Shares rose 2.4% Thursday, to $304 - all of the gains came within an hour of Musk's tweet. Musk has over eight million followers on the platform, over six times more than Tesla's official Twitter account.
Trump headed to Mar-a-Lago for Easter weekend
Palm Beach County Sheriff Ric Bradshaw estimates it costs his department alone $60,000 for every day Trump is at his retreat. President Barack Obama , also an avid golfer, waited months before playing a round when he first entered office.
In answer to a follow-up question on Twitter, Musk revealed the previously-announced Tesla pick-up truck will be unveiled within two years. Further down in the tweet Musk also points out the next Roadster will be a convertible. Back then, Musk revealed that his company was working upon a pickup that he chose to refer to as the Tesla Semi. The company said in February it was talking to 20 potential customers about its electric truck.
Earlier this week, Tesla recently became the most valuable United States auto company, passing General Motors for the top spot after blowing past Ford last week.
Tesla has said that it will build 500,000 new Model 3 compacts by the end of next year.
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