Tesla semi-trailer to debut September, ute within two years

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Elon Musk has confirmed the Tesla Semi, most likely in concept form, will be unveiled this September.

In a tweet last week, the Tesla CEO said: “Tesla Semi truck unveil set for September. Team has done an amazing job. Seriously next level.”

Although he didn’t specifically state September’s electric semi-trailer will be a concept, there’s a high chance that will be the case, given the startup car maker will have its hands full getting the Model 3 into mass production and has no production facilities capable of building a semi-trailer.

Responding to feedback, Musk also confirmed an electric pickup truck or ute will be unveiled within “18 to 24 months”.

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Last year, when he unveiled Tesla’s latest grand plan, Musk said the Model 3 would be followed by a related crossover and a “new kind of pickup truck”.

He also stated that Tesla should enter the bus and heavy-duty truck markets, although he gave no timeline for these products.

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Two weeks ago, on the back of strong production and sales in the first quarter, Tesla’s market capitalisation overtook that of Ford. A week later, the electric automaker briefly overtook GM in that same metric.

At the time of writing, Tesla’s shares are worth US$304 ($405), valuing the company at US$49.6 billion ($66 billion). That puts it well ahead of Ford’s capitalisation of US$44.2 billion ($58.8 billion), but just behind GM’s US$50.3 billion ($66.9 billion).

Last year, Tesla made a total of 83,922 cars, while Ford sold 6.6 million vehicles globally, and GM managed to sell just shy of 10 million cars and trucks.

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