Could Tesla’s new fully electric truck signal an end to its human-driven diesel alternative?
VERO BEACH, FL (TruNews) On Thursday evening, CEO Elon Musk unveiled his latest creation, a truck which can haul 80,000 pounds of cargo approximately 500 miles using only electricity for fuel.
The pioneer in electric vehicles and creative government financing, said the truck, which will begin production in 2019, will also be equipped with a semi-autonomous autopilot feature, special Armored glass, and mobile connectivity which could lead to controlling fleets from a cell phone.
According to the American Trucking Association, semi’s are currently responsible for the transportation of 70 percent of all shipping goods inside the US.
In 2017 alone the trucking industry will accumulate $719 billion in revenue, a number expected to grow 3.4 percent annually until 2023.
Currently the ATA projects there will be a shortage of 50,000 drivers by the end of 2017 with an annual turnover of 90 percent in large truckload carriers.
This leaves a major opportunity for robots and AI to fill the void, and according to Elon Musk, at a fraction of the cost.