Tesla to Unveil Long-Awaited Semi Truck

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J.D. DURKIN: People may forget that Elon Musk is also involved with other non-Twitter  (TWTR) - Get Free Report companies, but there is news regarding at least one of them. Tesla  (TSLA) - Get Free Report, it's been a while since we talked about Tesla because we've been so distracted with the tweets. What's going on there?

MARTIN BACCARDAX: No question. This is going to be an interesting one. In Nevada today, Tesla is going to unveil that semi truck that they have been talking about for a number of years now. We expected to see it in 2019. It was delayed, delayed, delayed. And the unveiling will happen later today. It's about well, it's $180,000 list price is what we're understanding with a range of about 500 miles. There's a lot of question as to whether the current level of battery power is going to be able to efficiently lift and drive a truck of this size and this weight.

So it'll be fascinating to hear some of the specs and indeed get a performance indicator as to how this truck is going to maneuver, and whether or not the rivals in the market are going to be sort of shaken by its entry. But again, this is a great way for Tesla to sort of remind investors that it has been on the forefront of innovation in the electric vehicle market. And even if this one doesn't have the same sort of magic, if you will, in terms of capturing the imagination of consumers, it is an important milestone, and particularly so given the fact that it is so long delayed.