CEO Elon Musk unveils Tesla Semi, the electric vehicle company's first electric big rig truck. Looking like something Batman might have designed, the Tesla Semi prototype - revealed at Tesla's glitzy Hollywood-style event late Thursday - is heavy on aerodynamic fairings that are said to drive the cost per mile below that of today's gas-powered machines. Ref. USAToday
Some details from the Tesla semi event have serious gains for truckers. Estimate 1 million kms before any engine or battery replacements are needed, lower starting price than current diesel trucks, 750 km range per charge, with 30 minute charge for 500 kms. Average cost per km 1.3 compared to 1.5 for diesel. All in all, an excellent alternative to current semis, he just have to have the infrastructure to charge these big rigs.
Tesla CEO Elon Musk, company to pay $40 million to settle SEC case alleging Musk duped investors. Tesla CEO Elon Musk and the electric car company have agreed to pay a total of $40 million and make a series of concessions to settle a government lawsuit alleging Musk duped investors with misleading statements about a proposed buyout of the company. Source 4e.