Tesla Launches Production of Electric Semi Truck Amid Infrastructure Concerns

<p>Tesla CEO Elon Musk has emphasized that investors should view his electric automaker as a robotics and autonomous vehicle company. He has set a target for a $20 trillion valuation, which is nearly four times the value of market leader Nvidia. Recently, Tesla's team was in Sparks, Nevada, to focus on the production of the long-awaited Tesla Semi.</p><p>The Semi concept was first introduced at a Tesla event in late 2017. Nearly a decade later, Tesla officially launched high-volume production during a livestreamed event at the company’s factory, aimed at cost-conscious managers of large trucking fleets. A select group of fleet managers attended the event to acknowledge their orders.</p><p>“It’s going to be, really, a driver’s truck. It’s like a sports car in truck form,” Musk stated in a pre-taped video shown during the event. Musk did not attend the vehicle debut, as he was at a White House dinner with President Xi Jinping.</p>