Elon Musk tweets Tesla Semi 500-range variant starts shipping this year
Scott Olson


Elon Musk, CEO of Tesla (NASDAQ:TSLA) said in a latest tweet that the Tesla Semi electric truck with 500 miles of range is going to start shipping this year, followed by the Cybertruck next year.
The company has been taking orders for the truck since 2017 and built a significant backlog.

After the launch of Tesla Semi in 2017, PepsiCo placed one of the biggest orders for Tesla Semi 100 electric trucks to add to its fleet.
Elon Musk sold off another 7.9M shares between August 5 to 9 worth around $6.9B immediately after Tesla's (TSLA) Cyber Roundup event. Musk said the transaction was "important to avoid an emergency sale of Tesla stock in the (hopefully unlikely) event that Twitter forces this deal to close and some equity partners don't come through."
Shares up 2.2% PM.