ADVERTISEMENT
LIVE DESK·Global markets desk·Last updated 14s ago
ADVERTISEMENT
Business/CompaniesArticle

Tesla starts high‑volume production of electric Semi, targets 50,000 units annually

Tesla has begun high‑volume output of its Semi at a new Sparks, Nevada plant, aiming for 50,000 units a year after securing a 2,500‑truck order from a cargo‑shipping coalition.

HV
Helena Vásquez · Business Desk · 25 Sept 2026 · 03:32 · 1 min read
Share
Tesla starts high‑volume production of electric Semi, targets 50,000 units annually

Tesla Inc announced that its dedicated Semi‑truck factory in Sparks, Nevada has entered high‑volume production. The facility, inaugurated on Thursday evening, began limited output in late April and is now slated to produce up to 50,000 electric semis per year.

The company disclosed a new order for 2,500 Semis from a coalition of major cargo‑shipping firms that includes Microsoft and PepsiCo. The order follows an earlier commitment of 500 units from Swedish freight‑tech firm Einride.

CEO Elon Musk said the Semi will eventually be equipped with Tesla’s autonomous driving suite and highlighted the "already pretty significant" waiting list for the vehicle. He also noted that the truck offers lower per‑mile energy costs compared with diesel, making it economically attractive for long‑haul operators.

The Sparks plant is Tesla’s first factory built exclusively for the Semi, reflecting the company’s broader push into heavy‑duty electric transportation.

The production ramp‑up aligns with Tesla’s strategy to expand its commercial vehicle portfolio and capture a share of the growing market for zero‑emission freight solutions.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
ADVERTISEMENT
Share this story
HV
Written by
Helena Vásquez
Business Desk

Helena covers corporate news for listed and private companies across Europe, from strategy shifts to leadership changes, with an eye for what a story signals about the broader market.

More from Helena Vásquez →
ADVERTISEMENT
Novara — A Smarter Way to Access Global Markets
ADVERTISEMENT