Tesla shares rose to $ 1,000 after Elon Musk revealed more information about the Tesla Semi supercar

On June 9, an email from CEO Elon Musk to a leaked employee, including a paragraph, said it was time to put the commercial version of Tesla Semi – the first electric truck in the world into mass production. .

After Reuters posted this email, Tesla’s shares immediately increased 6%, reaching $ 1,000, turning the car manufacturer based in Silicon Valley (USA) into the second most valuable car company. in the world, second only to Toyota.

The event could help Elon Musk win another prize by helping Tesla achieve an important goal, allowing the billionaire to continue to buy shares of the company he runs at a discount, according to Reuters comments.

Investors predict that Elon Musk will unveil new “one-million-mile” battery technology, with lower costs, more durability, and longer operating life than any future Tesla model.

The battery and the powertrain in the car are manufactured at its factory in Nevada, Elon Musk wrote in an email.

He also said that Tesla is exploring many places in the US to find a place to build new factories, and Texas is emerging as a potential candidate, while Oklahoma and a number of other states are also urgently campaigning. to win this fierce race.

In 2017, when Elon Musk first revealed the prototype of the Tesla Semi, he said the Class 8 truck would go into production in 2019. Recently, he said that Tesla Semi will be mass-produced in 2021.

Elon Musk’s June 9 message coincided with a rise in shares of rival Nikola Corp. This is an electric and battery truck manufacturer, which just started trading on NASDAQ in early June, when it was merged with VectoIQ.

Shares of Nikola Corp doubled in the early part of the week, when the company’s CEO posted on Twitter and gave an interview about pushing ahead with the plan to launch an electric pickup, which was supposed to confront the model. Tesla’s Cybertruck.

Also on June 10, Nikola announced it had hired Mark Duchesne, a former Tesla executive to run the truck production division, and Pable Koziner, former Caterpillar director, to run the hydrogen fueling business and rechargeable batteries.

In the email, Elon Musk did not say in detail the time of “mass production of Tesla Semi”, but obviously he has received great trust from the market, the stock price rise is the clearest evidence.

Expected price of the standard Tesla Semi is $ 150,000, running 480 km after a full charge. The enhanced version costs $ 180,000, running up to 800 km after a full charge.