Tesla shares surged over 5% on Friday.
The rally followed confirmation that the electric Semi truck is officially entering the European market.
Tesla will showcase the vehicle at the IAA Transportation show in Hannover, Germany, this September. The company plans to unveil regional specifications, pricing, and specific launch details during the event.
This expansion follows a recent order for 500 Semi trucks from Swedish logistics firm Einride. Tesla is currently scaling production at its Nevada factory to support the move into the European commercial-vehicle market.