Turns Out The Tesla Semi Is A Lot Cheaper Than Everyone Expected

Here’s how much the Tesla Semi will set you back.

The all-electric Tesla Semi is undeniably impressive, with a mind-blowing 0-62 mph time of five seconds when unloaded. Even when hauling a maximum cargo of 80,000 pounds, it can still accelerate to 62 mph in just 20 seconds. It even has a better drag coefficient than the Bugatti Chiron. There was one important detail that Elon Musk glossed over during the reveal event, however: the price. Initially, there were fears that the electric truck would be significantly more expensive than conventional diesel-powered semis.

Some predicted the specifications could hike the price up to over $250,000 – even though most truckers don’t even care about performance. However, it turns out the Tesla Semi is cheaper than everyone expected. Elon Musk has now revealed what he refers to as the “expected price” you’ll need to cough up to purchase a Tesla Semi. Regular production versions of the smaller 300-mile version of the Semi will cost $150,000, while the larger 500-mile version will set you back $180,000. Tesla is also listing a ‘Founders Series’ version for $200,000 but hasn’t revealed any specs. Most diesel trucks cost around $120,000, so it’s a relief to find that the price of the Tesla Semi isn’t as astronomical as we feared.

Contrary to claims that Tesla was accepting $5,000 deposits, you’ll need to put down a $20,000 deposit to secure a “base reservation” of the production version, though, while the Founders Series requires $20,000 up front. Elon Musk previously claimed that the Tesla Semi will cost $1.26 per mile to operate on a 100-mile route, compared to $1.51 for diesel trucks. It’s still more expensive to buy than a conventional diesel truck, but it’s fair to say we were expecting the Tesla Semi to be a lot more expensive due to its 1MWh battery pack that allows it to achieve 500 miles of range on a single charge.

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