Nov. 15, 2023 9:54 AM ET Tesla, Inc. (TSLA)
- Tesla, Inc.'s Semi rollout has been slow with only a rumored 36 trucks delivered to PepsiCo, far from the projected 50,000 units by 2024.
- Lack of demand, poor design, and production quality issues may be contributing to the slow ramp-up of the Tesla Semi.
- Investors also should temper their enthusiasm for the upcoming Cybertruck, as Tesla has a history of delays and difficulties in bringing products to market.
Here are the key points from the article:
- Tesla Semi Rollout Challenges: Tesla's rollout of the Semi has been slow, with only 36 trucks rumored to be delivered to PepsiCo so far, significantly below the projected 50,000 units by 2024.
- Challenges to Tesla Semi Adoption: The author identifies three main challenges to the rapid adoption of the Tesla Semi, including a lack of detailed specifications on Tesla's website, inadequate infrastructure to support the Semi, and the need for reliability, servicing, and resale data.
- Production Quality Concerns: The Tesla Semi has been involved in two national recalls within its short lifespan, raising questions about production quality. The recalls indicate production levels considerably below Elon Musk's forecast of 50,000 units by 2024.
- Caution Regarding Cybertruck:
