Analysts: Tesla Semi a ‘distraction’

[TSemi]

Others are bullish, citing the electric vehicle company’s deep pockets, new factories and progress on battery development

Few doubt that Tesla (TSLA) has deep pockets, but some wonder whether the electric vehicle company should bite the bullet and abandon one of its most highly anticipated but long delayed product offerings: the futuristic Tesla Semi truck.

“Tesla should drop or spin off its Semi efforts to someone else,” said Michael Ramsey, a Gartner vice president and automotive analyst. “It’s a different business and a distraction.”

That assessment was echoed by Sam Abuelsamid, a research analyst leading Guidehouse Insights’electric mobility team.

Abuelsamid likened Tesla and the Semi to Nikola Motor and the Badger, the electric pickup truck that was discontinued recently following the renegotiated deal between General Motors (NYSE: GM) and the fuel cell electric vehicle company founded by Trevor Milton.

“The Semi is a distraction for Tesla,” he told FreightWaves.


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Link: Analysts: Tesla Semi a 'distraction’ - FreightWaves

 

[Quamera]

Luckily Elon doesn't listen to so called analysts or he would have given up long ago. The semi is going to revolutionise short and medium haul trucking and any comparison to Nikola Motor is like chalk and cheese. The only reason for delaying the launch of the semi would be if there isn't enough batteries to supply Tesla's existing vehicle production.

 

[TSemi]

What another analyst says about Tesla Semi :


Tesla Semi production is due to begin in 2021 at the company's new factory in Texas, which is currently under construction. Companies are eagerly awaiting the start of sales as electric trucks must help them meet their CO2 reduction targets. Semi will be the force behind Tesla's 40-fold increase by 2030, says the analyst.

"We're very bullish on the Semi," said Garrett Nelson, a senior equities research analyst with the investment research firm CFRA.

Story here Tesla Semi Trucks Will Help the Company Achieve a ‘40-Fold Increase’ in Deliveries by 2030, Says Analyst

 

[EVortex]

Semi is just another disruptive business within Tesla - one of many! Definitely not a distraction.

 

[ICUDoc]

Luckily Elon doesn't listen to so called analysts or he would have given up long ago.

Yup, exactly- analysts never achieve things, analysts just say things.
Elon gets *sugar* done.