Tesla shares surge past $1,000 after announcement of the Tesla Semi.
On Wednesday, after Tesla CEO Elon Musk told his staff through an email it was time to bring the Tesla Semi commercial truck to “volume production”, Reuters reports that company shares jumped above $1,000 despite not specifying a time frame for ramping up production of the Semi.
Musk on Wednesday tweeted “Yes” to a question on Twitter about whether the report of the leaked Semi truck production email was accurate. It is also reported that he is scouting other U.S. states for a site to build a new factory, hinting that Texas could be a candidate, according to Reuters reporting by Yilei Sun and Brenda Goh. Oklahoma and other states are campaigning for the investment. “Production of the battery and powertrain will take place at Giga Nevada,” Musk wrote. Most of the other work will probably take place in other states, he wrote, without stating where.
