Tesla shares seen higher after CEO Musk unveils new truck, sports car

Tesla shares are sen opening higher Friday following a successful new vehicle unveiling Thursday evening, which showcased the electric car maker's new all electric truck and sports car.

Tesla shares seen higher after CEO Musk unveils new truck, sports car

Tesla shares are expected to open higher Friday, as investors were likely impressed by the company’s new vehicles to be rolled out in the next couple of years.

After closing a little lower Thursday, pre-market activity is pointing to a positive start to the final day of the week, for electric car maker, Tesla shares.

First electric semi-truck

At an event in Los Angeles on Thursday evening, Tesla’s CEO Elon Musk spent much of the time showcasing the electric vehicle maker’s new truck. The Tesla Semi, is the first fully electric semi-truck and comes with a host of features.

It can go 500 miles between charges, pulling an 80,000-pound load, Musk said. It also has decent acceleration and has more power going up hills.

Tesla has also worked on the safety aspect of the Semi. That includes lane assist and an ‘enhanced auto-pilot’. That will mean the truck will just about drive its self on highways, thanks to auto braking and lane assist abilities.

"Every truck we sell has Autopilot as standard," Musk said. "This is a massive increase in safety."

Tesla is also in the process of building ‘mega-chargers’ that will be capable of delivering 400 miles of charge in just 30 minutes.

That’s not all

Musk certainly impressed his audience with the details of the new Semi, which is due to go into production in 2019. But, he also wowed them with the addition of the new Tesla Roadster sports car.

The car, which will be available from 2020, drove out of the back the on-stage truck.

It has the same name as Tesla’s very first all-electric car that was produced between 2008-2012. However, it’s acceleration is faster and it will have a 620-mile range per charge.

“Driving a gasoline sports car is going to feel like a steam engine with a side of quiche,”, Musk said of the Roadster.

While some caution will remain over Tesla’s ability to produce its new vehicles fast enough to satisfy demand, there’s no question of the company’s vision and ambition.

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