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Tesla (NASDAQ: TSLA) announced it will start production of its long-delayed Semi trucks by the end of 2025 at its Nevada gigafactory. In a video posted to YouTube, Tesla revealed it is building a new Semi production line at the site, with a planned annual capacity of 50,000 units. High-volume production is expected to ramp up through 2026.
Dan Priestley, head of the Semi program, confirmed that the first trucks will roll off the line later this year. Tesla originally unveiled the Semi in 2017 and had produced a limited batch before halting production in 2022. CEO Elon Musk had previously targeted producing 50,000 Semis in 2024, a goal that was not met.
Despite the delays, Tesla has delivered at least 50 Semi trucks to Pepsi, which is incorporating them into its U.S. fleet. The Semi project marks a strategic move by Tesla to diversify beyond its core electric vehicle business, which is grappling with slowing sales and boycotts in the U.S. and Europe linked to Musk’s political views.
Tesla also faces new challenges from rising trade tensions, particularly with steep tariffs imposed by U.S. President Donald Trump on Chinese imports, potentially raising parts costs. Adding to the uncertainty, Tesla recently withdrew its 2025 growth forecast, citing economic instability and escalating U.S.-China trade disputes, with plans to reassess its targets in three months.
