Overview

• Tesla announced that its Nevada Semi factory will begin producing electric trucks by the end of 2025, with plans to scale production throughout 2026.
• The factory, now completed, is designed to produce up to 50,000 Semi trucks annually, marking Tesla's entry into heavy-duty freight decarbonization.
• U.S. tariffs on Chinese goods have disrupted Tesla's supply chain, complicating plans to source components for the Semi and other vehicles.
• Early customer Ryder has delayed its expected deliveries to late 2026 and reduced its initial pilot order due to significant price increases.
• Tesla has already delivered over 50 Semi trucks to PepsiCo and remains committed to fulfilling fleet orders for other major corporate partners.