Tesla Inc. said over the Thanksgiving break that the base price of its new semi-autonomous electric Semi big rig with a 500-mile range, which was unveiled last week, will start at $180,000. The 300-mile version will start at $150,000. The expected Founders series price is $200,000. Production of the highly-anticipated Semi is expected to begin in 2019, which a base reservation cost of $20,000. Retail giant Wal-Mart Stores Inc. and trucking company J.B. Hunt Transport Services Inc. have said they have preordered the Semi. Tesla’s stock slipped 0.1% in morning trade. It has eased 0.9% in the week since unveiling the Semi, while the S&P 500 has gained 0.9%.
Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
From:: Stock Market News