Tesla To Show “Blow Your Mind” Electric Truck

Demand for spot market freight has been on the rise headed into peak season as Tesla turns its attention to the trucking industry to announce its electric big rig this week.

Spot freight volume rose 65% in October, from the same month in 2016, according to DAT Solutions, and it’s expected to rise again before the end of December. October volume was driven by the ongoing recovery from the hurricanes in Texas and Florida. The volume declined 3% from September.

On Thursday (Nov. 16), Tesla is expected to announce an electric big rig that “will blow your mind clear out of your skull and into an alternate dimension,” Elon Musk wrote in a tweet. The company was expected to announce the electric truck Oct. 26, but Musk delayed the announcement as the company focused on production issues with its new vehicle, the Model 3, and increased battery production for hurricane-ravaged Puerto Rico and other affected areas.    MORE

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