Tesla semi-delivery boosts Tesla's valuation to new heights find out everything you need to know in today's video the EV Pioneers Summit delivery events celebrated the first delivery of a Tesla semi which went to PepsiCo the semi reportedly has three times the power of any diesel truck currently on the road Tesla plans to add semi-mega Chargers to its supercharger Network the 500 mile range when fully loaded the Tesla semi has the potential to be a big winner Tesla's semi-delivery event last


Thursday evening kicked off with the flare investors and aficionados of the company's electric vehicles have come to expect CEO Elon Musk hitch a ride onto the event stage on a Tesla semi an electric Class 8 semi truck the event celebrated the EV Pioneers first delivery of a Semite which went to food and beverage giant PepsiCo on the prior day it was held at the company's Nevada production Facility co-hosted by Tesla semi-engineering Lead Dan Priestley and live streamed on Twitter Tesla unveiled a concept semi in 2017


which is when Pepsi placed an order for 100 trucks the company had originally planned to begin production in 2019 but delayed it in order to focus on churning out model 3 sedans here's what investors need to know about this development musk opened the event by talking about why Tesla decided to launch a heavy duty truck he said it was to help fulfill a company's Mission which is to accelerate the Advent of sustainable energy three times the power of any diesel fueled Truck power was the next topic on


the evening's agenda with most touting that the Tesla semi is fast to accelerate and fast to break its power makes the vehicle a step change Improvement in what it's like to drive a semi-truck eel Pine Priestly added that the Tesla semi has three times the power any diesel truck on the road right now we can't know if this is an accurate statement but it shouldn't be long before reputable independent entities test the semi to see if the company's marketing claims hold up that said the video of a truck ascending


and descending inclines was impressive with the event's audience cheering when the Tesla semi-passed other trucks while going up in clients range of 500 Miles when fully loaded along with its power its efficiency is the other main reason that the Tesla semi is a game changer said Priestly both the semis power and its 500 mile range are enabled by our new 1 000 volt powertrain he explained Priestly said that Tesla plans to use this new powertrain in some other vehicles but didn't expound on that topic musk


clarified at the range of 500 Miles refers to when the semi is fully loaded in this context this term refers to an 82 thousand pound gross combination weight which includes the weight of the truck trailer and load this is the maximum allowable weight permitted by the U.S government for an electric Class A truck and is 2 000 pounds more than allowed for a Class 8 truck powered by fossil fuels which is an advantage we also know from musk's comments during Tesla's third quarter earnings call that


the 500 mile range assumes the vehicle is traveling on level ground as a point of reference a diesel-powered semi-truck can travel up to a maximum of about 1 800 to 2 000 miles before refueling according to several sources the exact mileage will vary depending on many variables including the size of the fuel tanks these trucks are commonly equipped with two fuel tanks Tesla plans to use semis in its own operations along with selling semis to customers the price tag was not discussed during the event Tesla


plans to use these trucks to transport goods between our factories and our suppliers Priestly said must added that for testing purposes one or more semis are already running continuously day and night between the company's locations in Nevada and Fremont California this heavy duty use will give us a great feedback loop for continuing to improve the product he said mega chargers are coming for efficient charging semis require higher power chargers than the company currently has in its supercharger


Network so beginning next next year Tesla plans to roll out mega chargers to its supercharger Network as the name suggests these Chargers have a capacity of one megawatt and W or 1 million Watts these Chargers will reportedly enable the semi to recover up to 70 percent of its range in 30 minutes in short the Tesla semi has the potential to be a big seller assuming Management's marketing claims are accurate and its total cost of ownership compares favorably to diesel trucks over a payback period that potential buyers


deem reasonable one electric vehicle stock to buy hand over fist and one with serious red flags the EV industry will be worth an estimated 1.4 trillion dollars by 2027. Tesla is leading the charge in electric vehicle deliveries Canon is struggling to produce vehicles and losing money fast the EV industry will be huge but not all companies are poised to benefit electric vehicle EV stocks may be taking a hit right now but there are plenty of reasons to still be optimistic about the EV industry's long-term prospects


for one the EV Market will be worth an estimated 1.4 trillion dollars by 2027. that number is too big to ignore and the opportunity becomes even clearer when you consider that 60 of all light Vehicles cars Subs pickup trucks sold globally in 2030 will be these up from just 13 right now but not all EV stocks will be a home run for investors here's why Tesla still looks like a good buy and why you should avoid Canon buy Tesla to tap into EV growth Tesla's stock hasn't exactly performed fantastically over the past


year the company's share price drop of 52 over the past 12 months has been fueled by supply chain disruptions a chip shortage CEO Elon musk's distraction with his newly acquired Twitter and declines in the broader Market but while this is the short-term Narrative of the company the bigger story looks much better consider that Tesla's vehicle deliveries increased 42 percent in the most recent quarter to 343 830 vehicles and the company is on Pace to reach a 2 million vehicle production run rate in 2023. if


you follow the EV industry at all you know how difficult it can be for car companies to actually make cars Tesla is years ahead of other EV startups and has continued to pull further ahead as it has brought new EV production facilities online the result could help the company reach musk's goal of selling 20 million Vehicles annually by 2030. Tesla's profits are also a bright spot a company's non-gop adjusted earnings pop 69 in the third quarter to 1.05 dollars per share and its Automotive gross


margin is at an enviable 27.9 percent investors should know that Tesla's share price isn't exactly inexpensive with its shares trading at about 56 times the company's earnings but it is cheaper than the astronomical P slash e ratio of 344 this time last year Canada has several red flags smaller EV stocks are grinding to a halt right now as inflation Rises supply chain issues rattle the industry and Rising material costs have many young EV startups slamming on the brakes but while other EV companies are merely


suffering short-term headwinds candle appears to be facing much bigger hurdles the company went public back in 2020 but Cana hasn't delivered a single vehicle yet the company originally said when it went public through spsc merger that it would produce three thousand to six thousand vehicles in 2022 Canada was losing money hand over fist losses increased to 117.7 million dollars in the third quarter and didn't generate any Revenue while some may point to Canon's deal with Walmart to buy up to 4


500 of Canada's lifestyle delivery vehicles ldvs as a reason to invest in the stock EV maker is still in the early stages of production and only secured a production facility at the beginning of November adding to the company's red flags is the fact that Canon's original founder and CEO are no longer at the company additionally with Rising inflation and higher material costs the days of cheap cash are over for the EV industry which could make it harder for smaller players like can't even get their


businesses off the ground but if you want to know more about why Tesla is such a good investment you may be interested in this video here [Music]