00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Tesla Inc. is trending after the market closed on Wednesday after the company announced an
00:07update on the Tesla Semi. In a social post on X, Tesla said the first Semi rolled off
00:13its high-volume production line and shared an image from the production facility.
00:18Tesla built a dedicated Semi factory near Reno, Nevada,
00:21and volume production began in March, according to Teslarati.
00:25The company first unveiled the Semi in 2017 and is developing a standard range model
00:31priced at $260,000 and a long-range model starting at $290,000.
00:37Tesla is targeting an annual production of 50,000 units,
00:41and deliveries are scheduled to begin this year, according to the company website.
00:45Shares were down by 1.09% at $371.92 in pre-market trading on Thursday,
00:52according to data from Benzinga Pro.
00:55For all things money, visit Benzinga.com.
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