Tesla's 80+ Job Openings Hint At Accelerated Plans For The Semi Truck
Portfolio Pulse from Anan Ashraf
Tesla Inc (NASDAQ:TSLA) has listed over 80 job openings related to its Semi electric truck, indicating an acceleration in its plans for the vehicle. The jobs are located in Nevada, California, and Texas, with the Nevada gigafactory nearing completion of a high-volume Semi factory announced in January 2023. Tesla executives have targeted volume production of the Semi for 2024, with about 100 Semis currently in the fleet and ongoing durability testing with PepsiCo.
January 24, 2024 | 3:05 am
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Tesla's job postings for the Semi truck suggest an acceleration in the production and development of the vehicle, which could positively impact investor sentiment and potentially the stock price in the short term.
The significant number of job openings is a strong indicator of Tesla's commitment to scaling up production of the Semi truck. This move is likely to be viewed positively by investors as it reflects progress in a new product line that could contribute to Tesla's revenue growth. The direct mention of the Semi's production timeline and the involvement with PepsiCo further reinforce the relevance of this news to Tesla's stock.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 90