Latest news with #Semi
Business Wire
09-07-2025
- Automotive
- Business Wire
ArcBest Pilots Class 8 EV Semi in Over-the-Road Operations
FORT SMITH, Ark.--(BUSINESS WIRE)--ArcBest ® (Nasdaq: ARCB), a leader in supply chain logistics, today announced the successful completion of a pilot program evaluating a Class 8 long-range electric semi-truck in over-the-road operations. Conducted through ArcBest's less-than-truckload carrier ABF Freight ®, the pilot reflects the company's ongoing commitment to exploring emerging technologies that support operational efficiency and environmental responsibility. Over a three-week period, ABF operated a Tesla Semi across typical dispatch lanes, including over-the-road routes between service centers in Reno, Nevada and Sacramento, California. The pilot also included regional runs in the Bay Area and rail shuttle operations. The electric Semi logged 4,494 miles, averaging 321 miles per day with an overall energy efficiency of 1.55 kWh per mile. 'Freight transportation is a vital part of the global economy, and we know it also plays a significant role in overall greenhouse gas emissions,' said Dennis Anderson, ArcBest chief innovation officer. 'While the path to decarbonization presents complex challenges — such as infrastructure needs and alternative fuel development — it also opens the door to innovation. Vehicles like the Tesla Semi highlight the progress being made and expand the boundaries of what's possible as we work toward a more sustainable future for freight.' The vehicle performed well across a variety of routes — including the 7,200 climb over Donner Pass — and generally matched the performance of its diesel counterparts. Driver feedback was positive, with operators noting the vehicle's comfort, safety and ease of use. Features like the center seat configuration, wide visibility and intuitive controls contributed to strong driver experience. 'We're not looking for a truck that performs well 'for an EV,'' said Matt Godfrey, ABF Freight president. 'It must meet or exceed the performance and total cost of ownership targets of our most efficient diesel units. This pilot gives us great insight into the potential of EV semis in our operations.' While the pilot demonstrated strong performance and driver acceptance, it also highlighted the need for continued development of charging infrastructure to support broader deployment across longer routes. The vehicle showed meaningful progress in areas such as range, charging efficiency and driver support, reinforcing the value of continued evaluation. This pilot builds on ArcBest's broader efforts to explore electric vehicles across its operations. The company currently operates nine electric yard tractors, two electric forklifts and two Class 6 electric straight trucks. ArcBest will continue to assess the long-term viability of Class 8 EVs within its fleet, with a focus on leveraging innovation to improve efficiency, reduce emissions and deliver sustainable logistics solutions that create value for customers. ABOUT ARCBEST ArcBest ® (Nasdaq: ARCB) is a multibillion-dollar integrated logistics company that helps keep the global supply chain moving. Founded in 1923 and now with 14,000 employees across 250 campuses and service centers, the company is a logistics powerhouse, using its technology, expertise and scale to connect shippers with the solutions they need — from ground, air and ocean transportation to fully managed supply chains. ArcBest has a long history of innovation that is enriched by deep customer relationships. With a commitment to helping customers navigate supply chain challenges now and in the future, the company is developing ground-breaking technology like Vaux ™, one of the TIME Best Inventions of 2023. For more information, visit
Hindustan Times
08-07-2025
- Automotive
- Hindustan Times
Tesla Q2 2025 global sales down 13.5% despite updated Model Y rollout
The Tesla Model Y and Model 3 contributed to about 97 per cent of total sales for the carmaker globally (AFP) Notify me Tesla has announced a year-on-year fall in global vehicle deliveries for the second quarter of 2025, even as it launched improvements to some of its flagship models. In the three months ending June, the US EV manufacturer sold 384,122 vehicles, a 14 per cent rise over Q1 2025 but a 13.5 per cent decline versus the same period in 2024. Although the Q2 performance indicates sequential growth, the year-on-year decline suggests accelerating difficulties for Tesla to maintain its pace despite higher competition and internal turmoil. Model 3 and Model Y dominate lineup Most of Tesla's Q2 results were contributed by its mass-market models—the Model 3 sedan and Model Y SUV. Both models represented 373,728 deliveries, or 97.3 per cent of global total sales. This was an increase in their combined contribution from Q2 2024, when they represented 95.2 per cent of Tesla's sales mix. Also Read : France orders Tesla to end misleading claims about full self driving capabilities Tesla classifies its pricier models—the Model S, Model X, Cybertruck, and Semi—under an "other models" category. Those represented only 10,394 units in Q2 2025, which is significantly lower compared to 21,551 units sold during the same period last year. In spite of the worldwide rollout of the new Model Y, its contribution to sales appears to be contained thus far. In terms of the production of high-end and specialty vehicles (i.e., Cybertruck and Semi), deliveries are still muted, either due to production caps or a relatively lukewarm appetite for specialty products. First-half sales trailing previous year Cumulatively, Tesla delivered 720,803 vehicles through the first half of 2025, which lags the 830,776 units that were delivered in the first half of 2024. This downward trend comes after Tesla achieved record quarterly sales of nearly half a million units in Q4 2024. Headwinds from China and public sentiment Tesla's performance is also tested by rising competition in global markets. Chinese automakers such as BYD are quickly expanding, launching competitive electric vehicles at comparable price points. BYD itself, for example, produced 606,933 BEVs during the same quarter, out of a total of 1.12 million new-energy vehicles. Moreover, Tesla also maintains reputational woes. CEO Elon Musk's public political involvement, such as his brief alignment with Donald Trump's presidency, has affected investor sentiment and brand image. Get insights into Upcoming Cars In India, Electric Vehicles, Upcoming Bikes in India and cutting-edge technology transforming the automotive landscape. First Published Date: 08 Jul 2025, 19:00 PM IST
Miami Herald
31-05-2025
- Automotive
- Miami Herald
8 Years Later: Tesla Semi Delayed Again, Production Now Expected to Begin in Late 2025
Ask yourself: how many times can a production date slip before you question the entire project? Elon Musk first unveiled the Tesla Semi in 2017 with a promised 2019 launch. Today, eight years later, that launch remains a mirage. Musk's original pledge to start building in 2019 vanished without a single factory-built Semi rolling off the line. A handful of pilot trucks appeared at a PepsiCo event in December 2022, yet no volume production followed. Tesla's own quarterly update now pushes the first assembly to late 2025, with meaningful volume still scheduled for 2026. The biggest recent news on the Semi? The walls were up at the Nevada plant. That's a seven-year gap between unveiling and projected mass manufacturing. Early prices-$150,000 for a 300-mile version, $180,000 for 500 miles-never held firm. Ryder, an early launch partner, slashed its order from 42 to 18 trucks and requested a 28-month extension, blaming "dramatic changes to the Tesla product economics." Simple math suggests each Semi now costs upward of $350,000-double the original quote-undermining the Total Cost of Ownership pitch that once dazzled fleet operators. Meanwhile, BYD's Class 8 8TT is hauling freight across North America. Customers like Anheuser-Busch, GSC Logistics and Golden State Express operate them on regional routes in California, demonstrating true highway operation (e.g. Port of Oakland to Tracy, CA, including an 8 % grade) with ample range remaining for return trips. Freightliner's eCascadia (a production Class 8 electric tractor designed for regional and highway applications) sees daily highway duty, offering up to 230 miles of range on a full charge and a gross combined weight rating of 82,000 lbs. Meanwhile, Volvo, Mack, Kenworth, and Peterbilt all have electric Class 8s on the road in the US; leaving Tesla way out in the cold. Tesla's promised 50,000 units per year by 2026? Too little, too late. Nine years overdue, it looks more like a press-release fantasy than an achievable target. Each new "update"-steel beams up! chargers installed!-serves as a rallying cry for hopeful investors. Yet slide decks and photo ops don't haul cargo or pay off loans. As recently as three weeks ago, facing a shareholder rebellion, Musk was assuring shareholders that he'd "deliver the Semi this year, and it will be huge". For Tesla devotees and shareholders alike, broken timelines transform into a test of faith: miss one deadline, reset the countdown, and wait for the next miracle. How long before investors demand proof over promises? The Semi's saga underscores a hard truth: grand reveals don't equal delivery. If it were only the Semi, one might give him the benefit of the doubt. But Elon Musk's other undelivered promises include Level 5 full self-driving by end-2020, a $25,000 mass-market Tesla, on-schedule Cybertruck deliveries, next-generation Roadster production in 2020, a fully automated robotaxi network by 2022, human Neuralink clinical trials in 2024, commercial Hyperloop service by 2021, and publicly accessible Boring Company tunnels by 2022. Musk's gifts lie in hype, not heavy haul. Until Semis exit the prototype hangars en masse, this program remains a stock-price prop, not an industry disruptor. Watch for disappointed and rebellious shareholders at the end of 2025. Fleet managers-and investors-should insist on steel on wheels, not steel beams in Nevada. Plenty of other brands are out there. Bookmark December 2025 and scope public delivery data. Then ask yourself: will Tesla finally roll real Semis off the line, or will the next slideware date simply become another bullet point in a growing ledger of unmet promises? Copyright 2025 The Arena Group, Inc. All Rights Reserved.
Yahoo
22-05-2025
- Automotive
- Yahoo
Tesla makes long-awaited announcement about new vehicle that has fans talking: 'Wish this was happening several years ago'
A recent update from electric vehicle giant Tesla has provided a launch window for its long-awaited semi truck. A post on the social platform X was shared to the r/teslamotors subreddit with the headline, "Tesla Manufacturing: RT @tesla_semi: Semi Factory progress update." The first Tesla Semis from the new facility are due to be rolling off production lines this year, according to engineer Dan Priestley. The Semi factory is still under construction in Nevada, but walls, pillars, and the ceiling are all up. While they are preparing the facility for high-volume production, it will take time to ramp up to the ultimate goal of 50,000 Semis a year. The Tesla Semi was announced eight years ago, and a few have been on the road since then in pilot program capacities. Priestley says these use cases show that "electric trucking is ready for scale." Early adopters have voiced glowing reviews. Medium- and heavy-duty trucks are the source of 23% of U.S. transportation pollution, according to the EPA, so electrified alternatives are welcome. The sooner industry can disconnect from dirty energy sources like gas, oil, and coal, the more quickly it can mitigate extreme weather patterns, warming oceans, and loss of sea ice. Best of all, EVs are much cheaper to operate. Tesla estimates Semi owners can save $200,000 in fuel costs over three years of operation. Despite the potential good Tesla stands to do both in commercial and residential transportation, CEO Elon Musk has recently been a challenge to the brand's image as a result of polarizing political activity that has appeared to shrink the company's market of eager customers. Some Tesla owners have taken to disguising their vehicles for fear of vandalism. Some Tesla charging stations have been severely damaged. Sales have been dropping precipitously. The benefits of EVs apply equally to consumers, regardless of the brand they buy from. If you've already made the switch to an EV, adding solar panels to your home can help you save even more. By driving with homegrown electricity, you avoid pollution created from a dirty grid, save money on monthly utility bills, and build up resilience in the face of outages. EnergySage has a free tool that can help EV owners find vetted local solar installers. Those technicians can provide a free quote and save homeowners up to $10,000 in installation costs. Reddit commenters had tempered expectations for the Tesla Semi rollout. "Awesome. Wish this was happening several years ago, but better late than never. (The Tesla way.)," one community member said. What do you think of Tesla and Elon Musk? Elon is the man Love the company; hate the CEO I'm not a fan of either I don't have an opinion Click your choice to see results and speak your mind. "I think there is also not a rush on these because they need the new charging infrastructure for these," another said. "They would also be battery limited at 50k semis right now, so I think they're ok with taking another 2-3 years to get to 50k/year." Join our free newsletter for good news and useful tips, and don't miss this cool list of easy ways to help yourself while helping the planet.
Yahoo
21-05-2025
- Automotive
- Yahoo
Tesla Shares Are on a Hot Streak — What's Driving the Surge?
Tesla shareholders are probably used to a bumpy ride from their investments, considering how many extreme highs and lows the company's stock price has witnessed this decade alone. Lately, the news has been good, as Tesla shares have rebounded in a big way over the last five weeks. Read Next: Try This: The EV maker's stock closed at $342.82 per share on Thursday, May 15. That represents a 57% gain from its 2025 low of $218.80 set on April 8, though it's still well down from a high of $429.80 established in mid-January. The recent surge comes despite Tesla's weaker-than-expected first-quarter earnings report, when the company saw declines in both profits and auto revenue. It also follows CEO Elon Musk's controversial foray into government oversight work. Here are four reasons Tesla's stock has been on a rebound of late. Musk has taken a lot of heat in his role as head of the Department of Government Efficiency (DOGE), an organization President Donald Trump created to slash federal government spending. Tesla itself became the target of mass protests, while many of its vehicles and dealerships worldwide were vandalized. Shareholders and analysts urged Musk to step away from DOGE and focus on repairing Tesla's brand and operations. As Bloomberg reported last month, one of those analysts — Dan Ives of Wedbush Securities — wrote in a note to clients that Musk needed to 'leave the government … and get back to being CEO of Tesla full-time.' Musk has since announced plans to step back from DOGE and put more time into Tesla, which has given the stock a lift. For You: Musk might not have earned much love in his DOGE role, but there's no question that investors and analysts consider him a key to Tesla's future success. Keeping him engaged — and well compensated — is a high priority. Rumors that Musk could be getting a new pay package at Tesla was enough to give the company's stock a recent boost, Barron's reported. Another reason for Tesla's recent stock surge has to do with its Model Y robotaxi program, Investor's Business Daily reported. The company said it's on schedule for a June 2025 rollout in Austin, Texas, and expects there to be 10-20 robotaxis on day one of the launch. 'The advancement in [full self-driving]-related features, including a pilot robotaxi launch in Austin later this year, should help create a new era of demand,' said CFO Vaibhav Taneja on the company's first-quarter conference call. Tesla shares also got a lift from a recent agreement between the U.S. and China to declare a truce over escalating tariffs between the two countries. After the deal was reached, Tesla announced plans to start shipping parts from China to the U.S. for use in the production of Cybercab and Semi trucks, Reuters reported. Tesla had earlier suspended plans to ship the components after Trump raised tariffs on Chinese goods to 145%. Editor's note on political coverage: GOBankingRates is nonpartisan and strives to cover all aspects of the economy objectively and present balanced reports on politically focused finance stories. You can find more coverage of this topic on More From GOBankingRates Surprising Items People Are Stocking Up On Before Tariff Pains Hit: Is It Smart? The Most Expensive Disney Merchandise Ever Sold -- and Who's Buying It 6 Big Shakeups Coming to Social Security in 2025 Sources Yahoo Finance, Tesla Bloomberg, 'Tesla Slides as Analyst Warns of 'Code Red' Ahead of Earnings.' Barron's, 'Tesla Stock Rose. Why the Shares Are on a Great Run.' Investor's Business Daily, 'Tesla Stock Flashes Buy Signal With This Move Ahead Of Robotaxi Launch.' Reuters, 'Exclusive: Tesla to resume shipping Chinese parts for Cybercab, Semi production in the US, source says.' This article originally appeared on Tesla Shares Are on a Hot Streak — What's Driving the Surge? Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
