Tesla to sell 100,000+ electric Semi trucks annually, says Elon Musk

By James Henderson
Elon Musk has said he expects Tesla to sell 100,000 or more of its electric trucks – dubbed the ‘Semi’ or S-Curve’ – by 2022. Tesla announced...

Elon Musk has said he expects Tesla to sell 100,000 or more of its electric trucks – dubbed the ‘Semi’ or S-Curve’ – by 2022.

Tesla announced the electric truck late last year and has already won orders from the likes of UPS, PepsiCo, Anheuser Busch, J.B. Hunt, and Walmart.

But Musk said he expects the number of orders to increase significantly in the coming years.

“…..it's easier to predict – far easier to predict the endpoint or the steady state of the S-curve than anywhere on that exponential or log curve,” said Musk in a call to investors.

SEE ALSO:

“So if you take four years, I think, 100,000 units a year is a reasonable expectation. Maybe more, but that's the right – roughly the right number, I think.”

In the call, Musk also moved to quash fears that Tesla’s automatic truck might not be built to the expected specifications.

“I think we might be able to exceed the specs that we unveiled last year too, which is pretty exciting. [There is] speculation that we might not meet them, but I think we're going to exceed them,” Musk added.

Share

Featured Articles

Accenture finds ESG divide between CEOs & procurement

Accenture study into ESG delivery by procurement teams finds that CEOs over-estimate their organisation's ability to deliver on key social targets

McKinsey report urges firms to avoid ad hoc supply fixes

McKinsey report into ongoing supply shocks & disruptions urges CEOs to proactively build long-term resilience, not rely on short-term supply fixes

Firms 'over-reached on sustainability targets' - Bain report

Bain & Company report released during Davos summit suggests 31% of businesses did not come close to hitting ambitious 2020 carbon emission targets

Accenture supply heads probe value chain resilience

Digital Supply Chain

Weekly news round-up across supply, logistics & procurement

Digital Supply Chain

UST webinar on managing supply risk available on-demand

Supply Chain Risk Management