Tesla Unveils 2 Mind-Blowing New Vehicles -- What You Need to Know

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Walmart says that it intends to be among the first companies to pilot Tesla's new all-electric Semi heavy-duty truck. Tesla says the new Roadster will have 620 miles of range and a top speed of 250 mph (402 kph).

And in a surprise announcement, Musk also used the event to reveal a new sports auto he claimed would be the "fastest production vehicle ever" made. Tesla is way behind on production of the Model 3, a new lower-cost sedan, with some customers facing waits of 18 months or more. He said it should have a maximum range of 500 miles, and could be charged up for another 400 miles in 30 minutes using Tesla's yet-to-be-deployed, solar-powered Megacharger stations.

He said the Tesla Semi truck boasts faster acceleration, better uphill performance and smart safety features such as lane-keeping technology and enhanced autopilot software to improve the on-road experience for truck drivers.

Tesla claims the electric costs of the Semi are half that of a traditional diesel semi truck, thanks to fewer systems to maintain (no transmission or brake pads to name a few), providing a number of over $200,000 Dollars in fuel savings, and a two-year payback period. Of course, with the pickup truck business being huge in the United States, it might just happen eventually to allow the Palo Alto company grab a piece of the action. "It will actually automatically lane-keep as well. It probably is, based on the specs provided, but this isn't necessarily a slam dunk", said Rebecca Lindland, an executive analyst at Kelley Blue Book.

Tesla Semi will be available in 2019, with no prices revealed by the company yet.

Acceleration junkie and Tesla drag racing veteran Brooks from Drag Times documented his experience blasting off from a standstill to over 80 miles per hour, in record-setting fashion, inside a Tesla Roadster prototype.

Tesla’s new electric semi truck is unveiled during a presentation in Hawthorn California U.S. Nov. 16 2017
Tesla’s new electric semi truck is unveiled during a presentation in Hawthorn California U.S. Nov. 16 2017

The semi's drive systems are guaranteed to last for 1 million miles, Tesla said.

Tesla's semi is venturing into an uncertain market.

But even lower costs won't make trucking a sure bet for Tesla. Though the vehicle is clearly priced in supercar territory, it's far cheaper than numerous supercars it outperforms. And if three streamlined Semis are platooned as a close-following convoy, the cost per mile would go down to 85 cents, Musk said. Inside the truck's cabin - tall enough for a driver to stand upright - there are two large touchscreen interfaces. "This could present another distraction from really just making sure that the Model 3 is moved along effectively", said Bruce Clark, a senior vice president and automotive analyst at Moody's.

But most of that growth is expected to be for smaller, medium-duty haulers like garbage trucks or delivery vans.

Mr Osborne said Tesla's cumulative capex announcements now exceed $15 billion to $20 billion over the next few years.

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