Elon Musk says Tesla pickup and semi-trucks are coming

Judith Bessette
Abril 19, 2017

REUTERS/Beck DiefenbachTesla is diving into the trucking industry.

Tesla will unveil an electric articulated lorry in September, chief executive Elon Musk has said.

Specifically, the investors want Tesla to appoint two directors that don't have any direct links to the company's chairman and CEO Elon Musk. The Tesla CEO did add that the company's engineers have done an "amazing job" on it and that the vehicle is "seriously next level".

This isn't the first time we've heard Tesla express interest in building a semitruck.

Tesla plans to unveil an electric semi-truck later this year.

The group said the market's "hostile reaction" to the SolarCity deal was induced, in part, because investment manager Donald Kendall was the only person on the solar company's board without deep-rooted ties to Musk. The company, which is located in the Eifel, was bought by Tesla last November and is apparently no longer able supply its plants to German competitors. "There's no reason that today you can't make a very compelling electric truck".

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A top auto dealer executive suggested this week that growing competition in the electric vehicle segment would eventually temper Tesla's stock price.

With more and more companies and businesspeople coming onboard with the idea of electric vehicles, Tesla could see massive prospects for growth.

He said he drove a Tesla for seven months and met with the company last week.

A Tesla spokesperson declined to comment beyond Musk's tweets. Because smartphones are as good as they are, we got a fairly decent look at what the Model 3 looked like at the time, but the vehicle maker isn't showing off what CEO Elon Musk terms "final" hardware until July: A lot can change in over a year. Automakers and tech companies are plowing billions of dollars into research and forging alliances in a rush for the inside lane on the automobile's most revolutionary track since the Model T.

Tesla is having a big month.

That takes the Tesla's market capitalization to $51.53 billion, more than $1 billion above GM. They also believe the maker of the Model S and Model X should create a barrier between the board and Musk, who owns more than 20 percent of the company.

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