Tesla aims to electrify semitractor-trailers
DETROIT—After more than a decade of making cars and SUVs—and, more recently, solar panels—Tesla Inc. wants to electrify a new type of vehicle: big trucks.
The company unveiled its new electric semitractor-trailer Thursday night near its design center in Hawthorne, Calif.
The move fits with Tesla CEO Elon Musk’s stated goal for the company of accelerating the shift to sustainable transportation. Tesla also could equip its trucks with the semi-autonomous driving features found in its cars, like automatic braking and lane changing.
But the semi also piles on the chaos at Palo Alto, Calif.based company. It’s way behind on production of the Model 3, a new lower-cost sedan. It’s also ramping up production of solar panels after buying Solar City Corp. last year. Musk has said Tesla is also working on a pickup truck and a lower-cost SUV and negotiating a new factory in China. Meanwhile, the company posted a record quarterly loss of $619 million in its most recent quarter.
Tesla hasn’t released any details about the semi. Some analysts expect it to get around 200 miles per charge and be used for daily tasks like transporting freight from a port to a distribution center. Musk has said it should take about two years for the semi to go on sale.
Demand for electric trucks is expected to grow over the next decade as the U.S., Europe and China all tighten their emissions regulations. Electric truck sales totaled 4,100 in 2016, but are expected to grow to more than 70,000 in 2026, says Navigant Research.
Right now, there’s little charging infrastructure on global highways. And charging even a mid-sized truck would likely require a two-hour stop, cutting into companies’ efficiency and profits, says Brian Irwin, managing director of the North American industrial group for the consulting firm Accenture.