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First Tesla Semi rolls off high volume production line
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The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for certain activity generated through this link. Prices displayed are informational. April 29 (Reuters) - Tesla said on Wednesday its first Semi truck has begun rolling off a high-volume production line as the electric vehicle maker remains on track to launch large-scale manufacturing of several new products in 2026. Here are the details: • "First Semi off high volume line," Tesla said in a post on social media platform X. • The Tesla Semi is an all-electric truck designed for long-haul freight. Its long-range model can travel up to about 500 miles on a single charge, according to its website, with deliveries expected to begin this year. • Tesla aimed to start mass production in 2026, with the Cybercab to be produced in Texas and Semi in Nevada, Reuters previously reported. • Tesla, which first unveiled the Semi in 2017, reiterated during its latest earnings call that volume production of its Cybercab robotaxi and Megapack 3 battery system is also scheduled to begin in 2026. • In January, Tesla said it has planned to more than double capital spending this year to more than $20 billion, with investments focused on factories for semi-trucks, Cybercab autonomous vehicles, Optimus humanoid robots, battery and lithium production. (Reporting by Preetika Parashuraman in Bengaluru; Editing by Sumana Nandy)