Most Tesla Semi Customers Have Waited Seven Years Already. Will They Really Have To Wait A Full Decade?

Benzinga11-21

When it was announced in 2017, the Tesla Semi was supposed to be a game-changer. With promises of a greener future for the trucking industry and orders from big-name companies like PepsiCo, UPS and ...

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Will They Really Have To Wait A Full Decade?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-21 23:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/most-tesla-semi-customers-waited-154516355.html><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>When it was announced in 2017, the Tesla Semi was supposed to be a game-changer. With promises of a greener future for the trucking industry and orders from big-name companies like PepsiCo, UPS and ...</p>\n\n<a href=\"https://finance.yahoo.com/news/most-tesla-semi-customers-waited-154516355.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00BFSS8Q28.SGD","symbol_name":"Janus Henderson Balanced A Inc SGD-H","start_time":0,"source_url":"https://finance.yahoo.com/news/most-tesla-semi-customers-waited-154516355.html","article_id":"2485641668","we_media_id":null,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/w.lcsK45oJxGAk8D5kQmPQ--~B/aD01NzY7dz0xMDI0O2FwcGlkPXl0YWNoeW9u/https://media.zenfs.com/en/Benzinga/271d6608bf7856d0895c339f759f2486"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2485641668","pubTimestamp":1732203916,"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"When it was announced in 2017, the Tesla Semi was supposed to be a game-changer. With promises of a greener future for the trucking industry and orders from big-name companies like PepsiCo, UPS and Sysco, Tesla’s electric truck generated a lot of excitement. But now, seven years later, many customers are still waiting. And some might wait a decade before they see their trucks roll in.‘Scrolling to UBI': Deloitte's #1 fastest-growing software company allows users to earn money on their phones – invest today with $1,000 for just $0.25/share. PepsiCo is seemingly the only company able to get its hands on Tesla Semis, but for most other customers, it's been nothing but waiting. UPS, Sysco, DHL and others have yet to receive any of their trucks, even though they placed their orders in 2017. UPS alone reserved 125 Semis, but there's still no timeline for when those deliveries will happen.Tesla also plans to bring the Semi to Europe and even worldwide, but it's not as simple as ju","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","LU0708995401.HKD":"FRANKLIN U.S. OPPORTUNITIES \"A\" (HKD) ACC","LU2242649171.HKD":"FIDELITY FUNDS GLOBAL THEMATIC OPPORTUNITIES \"A\" (HKD) ACC","LU0738911758.USD":"Blackrock Global Equity Income A6 USD","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","HK0000320223.HKD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (HKD) ACC","LU2552382132.HKD":"WELLINGTON US BRAND POWER \"A\" (HKD) ACC","LU0957791311.USD":"THREADNEEDLE (LUX) GLOBAL FOCUS \"ZU\" (USD) ACC","LU2237443895.HKD":"abrdn SICAV I -  GLOBAL DYNAMIC DIVIDEND \"A\" (HKD) ACC","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU1496350502.SGD":"FRANKLIN DIVERSIFIED DYNAMIC \"A\" (SGDHDG) ACC","IE00BLSP4239.USD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis USD Plus","LU0265550359.USD":"BGF SYSTEMATIC GLOBAL ENHANCED EQUITY YIELD \"A2\" (USD) ACC","LU1917777945.USD":"安联专题基金Cl AT Acc","LU0528227936.USD":"富达环球人口趋势基金A-ACC","CUBI":"Customers Bancorp Inc.","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU0957808578.USD":"THREADNEEDLE (LUX) GLOBAL TECHNOLOGY \"ZU\" (USD) ACC","LU2250418816.HKD":"BGF WORLD TECHNOLOGY \"A\" (HKD) ACC","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","LU2430703095.HKD":"WELLINGTON MULTI-ASSET HIGH INCOME \"AM4\" (HKD) INC","TSLA":"特斯拉","IE0004091025.USD":"BNY MELLON GLOBAL OPPORTUNITIES \"B\" (USD) ACC","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU1127390331.HKD":"AB SICAV I - ALL MARKET INCOME PORTFOLIO \"A\" (HKD) ACC","LU1989772840.SGD":"CPR Invest - Climate Action A2 Acc SGD-H","LU2213496289.HKD":"ALLIANZ INCOME AND GROWTH \"AT\" (HKD) ACC","GB00BDT5M118.USD":"天利环球扩展Alpha基金A Acc","LU0545039389.USD":"BGF GLOBAL EQUITY INCOME \"A2\" ACC","LU0868494708.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD) INC","LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","BK4532":"文艺复兴科技持仓","LU2023250504.SGD":"Allianz Thematica Cl AMg DIS H2-SGD","LU2097344431.USD":"SCHRODER ISF SUSTAINABLE MULTI-ASSET INCOME \"A\" (USDHDG) INC","LU1934455277.USD":"AB SICAV I LOW VOLATILITY TOTAL RETURN EQUITY PORT \"AD\" (USD) INC","TSLL":"Direxion Daily TSLA Bull 2X Shares","BK4553":"喜马拉雅资本持仓","HK0000306701.USD":"TAIKANG KAITAI CHINA NEW OPPORTUNITIES FUND \"A\" (USD) INC","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU2592432038.USD":"WELLINGTON MULTI-ASSET HIGH INCOME \"A\" (USD) ACC","BK4571":"数字音乐概念","BK4585":"ETF&股票定投概念","SG9999002224.SGD":"Allianz Global High Payout SGD","LU0965508806.USD":"AB LOW VOLATILITY EQUITY PORTFOLIO \"AD\" (USD) INC","LU0203201768.USD":"AB SICAV I - ALL MARKET INCOME PORTFOLIO \"AX\" (USD) INC","LU0788109477.HKD":"BGF GLOBAL ALLOCATION \"A2\" (HKDHGD) ACC","SG9999014898.SGD":"United Global Quality Growth Fund Dis SGD","LU0868494617.USD":"UBS (LUX) EQUITY SICAV - US TOTAL YIELD SUSTAINABLE \"P\" (USD) ACC","IE000YTNTUN2.SGD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (SGDHDG)INC"},"translate_title":"大多数特斯拉Semi客户已经等待了七年。他们真的要等整整十年吗？","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TSLL":1,"TSLA":1,"CUBI":1},"content_text":"When it was announced in 2017, the Tesla Semi was supposed to be a game-changer. With promises of a greener future for the trucking industry and orders from big-name companies like PepsiCo, UPS and Sysco, Tesla’s electric truck generated a lot of excitement. But now, seven years later, many customers are still waiting. And some might wait a decade before they see their trucks roll in.\nDon't Miss:\n\n‘Scrolling to UBI': Deloitte's #1 fastest-growing software company allows users to earn money on their phones – invest today with $1,000 for just $0.25/share\nThis Adobe-backed AI marketing startup went from a $5 to $85 million valuation working with brands like L'Oréal, Hasbro, and Sweetgreen in just three years – here's how there's a limited time opportunity to invest at $1,000 for only $0.50/share before it closes in a few days.\n\nThe Long Wait for the Tesla Semi\nPepsiCo is seemingly the only company able to get its hands on Tesla Semis, but for most other customers, it's been nothing but waiting. UPS, Sysco, DHL and others have yet to receive any of their trucks, even though they placed their orders in 2017. UPS alone reserved 125 Semis, but there's still no timeline for when those deliveries will happen.\nTesla deployed around 100 trucks in the U.S., mainly to PepsiCo, with these vehicles racking up almost five million miles. The company says production is getting closer, with mass manufacturing expected to kick off “by the end of 2025” at its Nevada Gigafactory. But that means that for many customers, the wait could stretch to nearly 10 years from when they placed their orders.\nTrending: The global games market is projected to generate $272B by the end of the year — for $0.55/share, this VC-backed startup with a 7M+ userbase gives investors easy access to this asset market.\nChallenges in Meeting Demand\nWhy the delays? Building a heavy-duty electric truck isn’t easy and Tesla has faced significant challenges – everything from production hurdles to fine-tuning the vehicle’s reliability. While Tesla’s Megawatt charging station aims to make recharging as fast as diesel refueling, building the needed infrastructure takes time, especially when entering the notoriously tough Class 8 truck market.\nTesla’s competitors haven't been idle either. Chinese startup Windrose, for example, is making moves to set up an assembly plant in Georgia. According to the company, it hopes to compete directly with Tesla and already has 6,400 orders on the books – mainly from U.S. companies like Nike. \nWindrose's electric semi has a range of 418 miles when fully loaded at 49 tons. By comparison, the Tesla Semi offers a range between 300 and 500 miles when loaded. Windrose recently completed a 1,600 km test in China and has started trials in Europe with Decathlon. They are determined to stake their claim, especially while Tesla struggles to get the Semi out to its long-waiting customers.\nTesla also plans to bring the Semi to Europe and even worldwide, but it's not as simple as just shipping trucks overseas. The vehicle needs to comply with European regulations, which means design tweaks and new versions – like a shorter model to fit EU size requirements. Even then, European companies like Girteka, Fercam and others that placed orders nearly seven years ago are still waiting, with no clear end in sight.\nSee Also: This rooftop wind turbine is taking on a market projected to reach over $900 billion by 2032 — With already over 40,000 users signing up to purchase, here's a chance to be an early investor today!\nIs There Still Hope for Tesla Semi Customers?\nThe real question is whether Tesla can get production running at the scale needed to fulfill all these long-standing orders. Analysts remain skeptical, noting that Tesla will have to compete with heavyweights like Volvo, Daimler and Freightliner, who already have electric trucks in production. It's a tall order for Tesla to instantly grab a big share of the Class 8 market, especially considering the delays.\nWhile it's been a rocky road, Tesla has a history of pulling off the improbable. Its past successes in passenger cars remind us that nothing is impossible, even if the timeline doesn't always go as planned.\nStill, in October 2022, Elon Musk assured investors that Tesla would produce 50,000 Tesla Semi trucks by 2024 and that hasn't happened.\nRead Next:\n\nDeloitte's fastest-growing software company partners with Amazon, Walmart & Target – You can still get 4,000 of its pre-IPO shares for with $1,000 for just $0.25/share\nWith over 7.8K investors including Meta, Google, And Amazon Execs — this AI Startup's valuation has skyrocketed from $5 million to $85 million in just three years. Be an early investor with just $1,000 for only $0.50/share today before the offer closes in the next few days!\n\nUp Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market.\nGet the latest stock analysis from Benzinga?\n\nAPPLE (AAPL): Free Stock Analysis Report\nTESLA (TSLA): Free Stock Analysis Report\n\nThis article Most Tesla Semi Customers Have Waited Seven Years Already. Will They Really Have To Wait A Full Decade? originally appeared on Benzinga.com\n© 2024 Benzinga.com. Benzinga does not provide investment advice. 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