Tesla is quoting customers $290,000 for the 500-mile Long Range version of its electric Semi truck. This price represents a 60% increase from the $180,000 target announced during the vehicle's 2017 unveiling.
The updated figure remains significantly lower than the $435,000 industry average for Class 8 zero-emission trucks in 2024. Data from California’s HVIP incentive program confirms the Semi maintains a price advantage over competitors.
CEO Elon Musk confirmed plans to begin high-volume production of the Semi in 2026. The expansion aims to establish a new commercial revenue stream for the automaker.