A Tesla executive stated last year that its battery pack costs were below $190 per kWh. Tesla says that its trucks consume "less than 2 kWh per mile," so a 500-mile semi could require as much as 1,000 kWh of battery capacity. Batteries are expensive, and it takes a lot of power to move a fully-loaded semi. Still, Tesla probably wouldn't be teasing prices this low unless it had some reason to think it could deliver some dramatic price reductions. So we shouldn't be surprised if the first deliveries slip into 2020 and a truck with 500 miles of range costs a bit more than $180,000. Elon Musk has a track record of setting overly ambitious goals and blowing through deadlines. Tesla is labeling these as "expected" prices, and the truck isn't due to launch until 2019. If that's true, paying an extra $30,000 to $60,000 for the truck would be a bargain. But Tesla says that its truck will deliver $200,000 in fuel and maintenance cost savings over the life of the vehicle. That's more than the $120,000 cost of a typical, internal-combustion truck. A premium "Founders Series" truck will cost $200,000. According to the company, a low-end truck with a 300-mile range will cost around $150,000, while you'll be able to get a range of 500 miles for $180,000. So many tech observers and auto enthusiasts were surprised on Thursday when Tesla posted estimated prices for its Semi product. Steve Levine, an Axios journalist who penned a whole book about battery technologies, wrote a few days ago that "experts estimate that the Semi could be $300,000." MIT Technology Review speculated that the Semi would cost even more: $400,000. Tesla's recent truck announcement set off a round of speculation regarding its price.
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