Tesla is aiming to produce 50,000 Tesla Semi units per year in 2024.

Musk said that the company will be “ramping up Semi production through next year,” reports Teslarati.

“As I think everyone knows at this point, it takes about a year to ramp up production. So, we expect to see significant — we are tentatively aiming for 50,000 units in 2024 for Tesla Semi in North America,” Musk was quoted as saying.

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“And obviously, we will expand beyond North America. And these would sell — I don’t want to say the exact prices, but they’re much more than a passenger vehicle,” Musk added.

While a production target of 50,000 per year sounds conservative for a company like Tesla — which produces 20,500 vehicles per week in Gigafactory Shanghai this fourth quarter of 2022 — such an output would already be incredibly impressive, the report said.

According to data from Statista, the US Class 8 trucking market is currently dominated by Freightliner, which sold over 71,000 units in 2020 and about 100,000 units in 2019, it added.

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