Tesla Planning Electric Semi-Truck
Elon Musk might be taking the biggest electric vehicle gamble yet. Tesla Motors (NASDAQ: TSLA) is planning to unveil an electric semi-tractor in September, Wired reported.
“Tesla Semi truck unveil set for September,” Musk tweeted on April 13. “Team has done an amazing job. Seriously next level.”
Strangely Enough an Electric Big Rig Makes Sense
An electric big-rig makes a lot of sense because such a vehicle would be able to haul a huge amount of battery power, Wired’s Jack Stewart noted. Electrics might be a hard sell to trucking companies because the weight and size of the lithium battery limit the amount of cargo they can haul. A trucking company executive would view a 1,000 pound lithium battery as 1,000 pounds of paying cargo he cannot move.
An even greater problem would be keeping the battery charged and recharged. It would require a larger Supercharger or electric truck stop.
An interesting advantage electric semis would have is that solar panels might be placed on the roof of the trailer. That would enable a rig to generate some of its own power as it cruised down the highway. Musk might be planning to adapt the solar roof tile technology from his SolarCity subsidiary for this purpose.
Another advantage Tesla has is it that can adapt its self-driving vehicle technology to semi-trucks fairly easily. Both Daimler (OTC: DDAIY) and Uber subsidiary Otto Motors have demonstrated autonomous big rigs. Otto’s even delivered a load of Budweiser beer for Anheuser Busch in October.
An added selling point to electric semis is that they might have a lot more power than diesels. That would make such vehicles attractive to companies that hauled large loads such as heavy equipment.
Is There a Market for Electric Big-Rigs?
The potential market for electric big rigs might be bigger than you think because of the growing movement to get rid of diesel.
Four of the world’s largest cities; Mexico City, Madrid, Paris and Athens, are planning to ban diesel cars from their centers to reduce pollution, The Guardian reported. Pollution from diesel vehicles has become a serious problem in some countries, and there is growing political pressure to get rid of diesel. The diesel scandal at Volkswagen (OTC: VLKAY) is driving this movement by discrediting the technology.
Once diesel cars are banned semis and delivery trucks will be next. That means a potentially large market for Tesla’s electric trucks. One big selling point Tesla will have is that its’ trucks will have lower fuel costs because of the low cost of electricity.
There will be some serious logistical problems here, including where will the electricity come from? Replacing dirty diesels with electricity from coal does not sound like a good means of reducing pollution.
This might mean an added market for Tesla’s solar panels and PowerPak battery storage units. If Musk can get every large warehouse and garage to install solar panels to power trucks he’ll have another source of revenue.
Musk’s latest gamble might be his smartest move yet, by opening up a whole market for electric vehicles and fighting air pollution.
https://geekcrunch.reviews/tesla-planning-electric-semi-truck/https://i1.wp.com/geekcrunch.reviews/wp-content/uploads/2017/04/t880-2page.jpg?fit=940%2C450&ssl=1https://i1.wp.com/geekcrunch.reviews/wp-content/uploads/2017/04/t880-2page.jpg?resize=150%2C150&ssl=1Techelectric big rigs,electric big-rig,Elon Musk,Is There a Market for Electric Big-Rigs?,Strangely Enough an Electric Big Rig Makes Sense,Tesla Motors’ (NASDAQ: TSLA),Tesla Planning Electric Semi-Truck,Tesla Semi truck unveil set for SeptemberElon Musk might be taking the biggest electric vehicle gamble yet. Tesla Motors (NASDAQ: TSLA) is planning to unveil an electric semi-tractor in September, Wired reported. “Tesla Semi truck unveil set for September,” Musk tweeted on April 13. “Team has done an amazing job. Seriously next level.” Strangely Enough an Electric...Daniel JenningsDaniel Jennings[email protected]AuthorGeek Crunch Reviews