Tesla Begins Semi Production at Sparks, Prices Long-Range at $290K

Tesla has officially started production of its all-electric Semi truck at its facility in Sparks, Nevada, according to a report from TradingView. The move marks a milestone for the long-delayed heavy-duty truck program, which has been in various stages of development and limited output since Tesla first unveiled the Semi concept years ago.

As part of the production update, Tesla disclosed pricing for the Long-Range version of the Semi, setting it at $290,000. The price point gives fleet operators and logistics companies a clearer picture of the investment required to bring Tesla's electric heavy-duty truck into their operations as the company scales up manufacturing at the Nevada site.

UBS Issues Q3 Delivery Estimate

Separately, financial services firm UBS issued a forecast for Tesla's third-quarter vehicle deliveries, projecting the company will deliver approximately 470,000 vehicles during the period. The estimate comes as investors and analysts closely track Tesla's delivery figures as a key indicator of demand and production efficiency across its vehicle lineup.

The combination of the Semi production launch and the UBS delivery projection gives market watchers two distinct data points this quarter: progress on Tesla's commercial vehicle ambitions and a benchmark for its core passenger vehicle output. Both figures will likely be referenced as Tesla approaches its next official delivery report, which typically provides more detailed breakdowns by model and region.

TradingView's report did not include additional details on production volume targets for the Semi at Sparks, nor further commentary from Tesla or UBS beyond the stated price and delivery estimate. As with previous production ramps at Tesla facilities, actual output figures and any changes to pricing or delivery guidance are expected to be clarified in subsequent company communications or analyst updates.

Source: TradingView