Semi
High-volume line in Sparks, Nevada launched September 24, 2026, and Tesla says deliveries start now. The 2026 volume target was dropped in July.
The numbers
What it is
Tesla's electric Class 8 heavy truck, built at a dedicated factory next to Gigafactory Nevada.
Why it matters to the stock. Semi adds a commercial-vehicle revenue stream. The program was years late, so early delivery counts will matter more than the plant's capacity.
News
Tesla secures $30B in new credit lines for Cybercab, Optimus and Semi
Tesla announced $30 billion of new credit facilities on September 29, 2026: a $20 billion three-year delayed-draw term loan from Citibank and an $8 billion five-year revolver from Wells Fargo, plus a $2 billion 364-day revolver.
Tesla launches high-volume Semi production in Nevada; deliveries start
Tesla held a launch event for high-volume Semi production at its Sparks, Nevada factory on September 24, 2026, and said deliveries start now.
Tesla drops 2026 volume-production targets for Cybercab, Semi and Megapack 3
Tesla's Q2 2026 letter no longer targets 'volume production' of Cybercab, Semi and Megapack 3 in 2026, after saying in January they would reach it that year.
First Tesla Semi rolls off high-volume line in Sparks, Nevada
Tesla showed the first Semi from its new high-volume line at Gigafactory Nevada on April 29, 2026, saying volume production was now underway.
Tesla Q1 2026 revenue $22.4B (+16%), non-GAAP EPS $0.41, GAAP EPS $0.13
Tesla reported Q1 2026 revenue of $22.4B, up 16% year over year, with a GAAP gross margin of 21.1%.