Deposits from potential customers hit $925 million after another delay in Tesla’s new electric truck

2022-05-16 0 By

Tesla (TSLA) continues to win orders and bookings for its prototype electric Class 8 truck, the Semi, despite another delay in production and delivery.”As Cyber Truck, Semi, Roadster, Optimus, we’re going to be ready to put them into production,” Musk said on an earnings call with analysts on January 26.Hopefully next year.That is most likely.”Given that the truck has already gone through deadlines to move, it wouldn’t be surprising if the timetable changed again, especially as the chip shortage affecting the global economy and supply chains is far from being resolved.Aside from the fact that reservations and order books continue to fill up with vehicles filled with uncertainty, there is one surprise: Tesla continues to demand deposits, and the amounts remain as high as ever.Tesla (TSLA) continues to win orders and bookings for its prototype electric Class 8 truck, the Semi, despite another delay in production and delivery.Elon Musk, chief executive of the Austin, Texas-based group, said during the company’s fourth-quarter earnings call in January that it should not expect to launch the Semi before 2023.”As Cyber Truck, Semi, Roadster, Optimus, we’re going to be ready to put them into production,” Musk said on an earnings call with analysts on January 26.Hopefully next year.That is most likely.”Given that the truck has already gone through deadlines to move, it wouldn’t be surprising if the timetable changed again, especially as the chip shortage affecting the global economy and supply chains is far from being resolved.Aside from the fact that reservations and order books continue to fill up with vehicles filled with uncertainty, there is one surprise: Tesla continues to demand deposits, and the amounts remain as high as ever.When Tesla launched the Semi in 2017, it required interested customers to put down a $5,000 deposit, which the company then increased to $20,000 for the base version.The payment was made in two phases: $5,000 was paid by credit card at the time of booking on the Tesla website reserved for Semi, and then $15,000 was wired within 10 days of booking.But if you order multiple copies, you must wire $20,000 for each additional copy.Customers interested in the limited-edition Founders Series must put down a $200,000 deposit, the truck’s total cost.The Tesla Semi is a 100% electric truck that debuted in fall 2017.The automaker promised to start production in 2019 and pushed the deadline back to 2021, 2022 and now 2023.Thanks to its 500 kilowatt-hour battery, made up of Tesla’s new “4680” battery, its declared consumption is less than 2 kilowatt-hours per mile, with a range from 300 to 500 miles, depending on the version.AD prices are $150,000 and $180,000, respectively.