Tesla’s Semi Program Lead, Dan Priestley, took the stage at the IAA Transportation Exhibit in Hannover, Germany, today to speak about Tesla’s Semi and its place in the European market.
The IAA Transportation exhibit features lots of discussions on the European commercial vehicle industry. Tesla was one of the exhibitors on the main stage, focusing specifically on the Tesla Semi.
It was a short keynote — only 15 minutes long (video below) — but there was a lot of information packed into those 15 minutes, so let’s review it.
Tesla Semi Coming to Europe with Improvements
Dan Priestley confirmed that the Tesla Semi will be coming to Europe as Tesla begins to scale production. Tesla has already reached out to customers and is planning applications that diesel addresses today—at a lower and safer operating cost.
One of the big keys here is that the Tesla Semi has been approved for use on European roads – the required changes to make it road-legal in the EU have been made and fitted to the cab. The vast majority of these changes were fairly minor but were still needed.
However, Tesla doesn’t intend to enter the European market immediately – they intend to address the American trucking market first, and then enter the European market shortly thereafter. We recently reported that Tesla posted a new job listing for bringing the Semi to Europe.
New Independent Front Suspension
As part of the changes for the European version of the Semi – which Tesla is calling the European Development Platform – Tesla has implemented an independent front suspension. Because of the new independent front suspension, Tesla has also had the opportunity to increase the regen for the vehicle.
And it’s not just a drivetrain item—it turns out that the many improvements to the Semi have also included a new metal frame to hold the body together, which also provides enough space for a sleeper cab version. A sleeper cab for the Semi has been one of the big items holding it back from long-range trucking, and this improvement is a huge step forward on that front. The larger Semi will also include large storage compartments underneath.
Charging and Efficiency
Tesla has also focused on improving vehicle efficiency and charge curves—and they’ve done just that. Tesla’s pilot test fleet has logged 7.5 million kilometers—4.65 million miles —and these distances have seen Tesla continuously honing the Semi’s software and hardware.
One of the Semis has 400,000 km—or 248,000 mi—on its dash already in 1.5 years, and it has been hauling at a constant full gross vehicle weight rating. That means this particular Semi has been hauling its maximum weight rating everywhere—which is about 80,000 pounds.
And Tesla has more to show – with more plans for vehicle efficiency increases around the corner. They also intend to adjust the way that their customers will charge the Semi – no dedicated charging time will be required.
Instead, the Tesla Semi will charge while loading and unloading and during mandatory driver break times. On average, it takes approximately 2 to 3 hours to load or unload a semi-truck, which provides plenty of time to charge on Tesla’s Megawatt Charging System (MCS).
Video
Below is the full discussion of Dan Priestley talking about the Tesla Semi at the exhibit in Germany.
Here is today's full presentation from @Tesla's head of Semi engineering, Dan Priestley, and a PepsiCo representative, where they talk about PepsiCo’s Tesla Semi case study. pic.twitter.com/kvro9hk5OY
Tesla intends to expand the current Semi program in the United States. For now, it's been limited to PepsiCo and its subsidiaries, including Frito-Lay. We’ve seen Pepsi and Frito-Lay trucks on the highways in California and other states, but Tesla intends to begin deliveries to other customers toward the end of this year.
We’re super excited to see what’s next for the Semi—it’ll be a real game changer for transportation in North America and Europe and a big step towards reducing carbon emissions.
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Tesla has announced steep price increases for its vehicles in Canada, with adjustments of up to CA$9,000 set to take effect on February 1, 2025. This move impacts nearly all models, with the Model 3 Performance trim seeing the steepest hike, rising from $70,990 to $79,990 Canadian. The Model Y, Model S, and Model X will each see a flat increase of CA$4,000 across all trims. Notably, the Cybertruck remains unaffected by these changes.
These price hikes coincide with the expiration of Canada’s federal EV incentive program, which previously offered CA$5,000 rebates on eligible vehicles, further increasing the price of Tesla vehicles.
Additionally, the Canadian dollar’s recent decline against the US dollar and looming trade tensions between the U.S. and Canada may have influenced Tesla’s decision. President Trump proposed a 25% tariff on Canadian goods, and Tesla may be expecting Canada to retaliate with a similar tariff on US goods. However, it’s interesting that Tesla has chosen to raise prices so drastically before any tariffs have been announced.
Price Increases
Model
Price Increase
Model 3 Long Range RWD
CA $4,000 ($2,800 USD)
Model 3 Long Range AWD
CA $8,000 ($5,600 USD)
Model 3 Performance
CA $9,000 ($6,300 USD)
Model Y
CA $4,000 ($2,800 USD)
Model S
CA $4,000 ($2,800 USD)
Model X
CA $4,000 ($2,800 USD)
Cybertruck
$0
Buyers
This could be a critical time to act for prospective buyers, with the price increase going into effect in just about a week. Tesla’s online configurator allows customers to lock in current prices by placing an order before February 1st. The company’s referral program also offers CA$1,300 off Model Y, Model S, and Model X purchases, providing additional savings before the price hike takes effect.
Expect these adjustments to impact Tesla sales in Canada, although they’re likely to affect other manufacturers as well. We may see a potential surge in orders ahead of the February 1 deadline, especially for the AWD and Performance variants of the new Model 3.
It’s not clear whether the price increase will impact the new Model Y, which was announced last night for North America and Europe. Deliveries for the new model begin in March.
If you’re on the fence about whether you should order a new Tesla, now may be a good time to place your order. Tesla offers the ability to cancel your order, but buyers would lose their deposit.
Tesla has officially launched the refreshed Model Y in North America and Europe, just 13 days after the launch for the Asia-Pacific Markets.
Just like the other markets, Tesla will be starting with the Launch Edition, which will include FSD and Acceleration Boost. It will also include other smaller details such as Launch Edition badging, puddle lights, special wordmark logos on the door sill plates, and wireless charging pads, as well as an exclusive textile trim and black vegan suede interior.
The new Model Y is available for pre-order immediately but will only begin shipping in March, which is surprisingly sooner than the market where it was initially unveiled. Due to the new model, Tesla has also begun to offer some compelling inventory discounts for the now, last-gen Model Y.
Pricing
Pricing for the new Model Y includes the Launch Edition package - similar to the Foundation Series Cybertruck pricing - a premium launch bundle that will give you a fair amount of additional features and get you earlier access to the new Model Y.
What’s unique with this launch is that color and wheel selection are included in the price - so you can choose from Stealth Grey, Pearl White Multicoat, Ultra Red, and Quicksilver for the colors without any additional fees. You can also pick from the 19” Crossflow wheels or the 20” Helix 2.0 wheels.
Not a Tesla App
Tesla did not announce the price for the non-Launch Edition versions of the vehicle. This includes the RWD, Long Range AWD, and Performance variants. We’ll likely see these launch in the coming months but expect Tesla to continue to sell the Launch Edition as long as there’s demand. Given that the Model Y is the world’s best-selling vehicle, it could be a while before we see a non-bundle version.
Tesla’s site currently only lists the new Model Y with its Long-Range All-Wheel Drive variant. The Long-Range Rear-Wheel Drive variant is currently unavailable in North America and Europe, but the specs are listed on the “Compare Models” page.
Model
Price (USD)
Price (CAD)
Price (EU)**
New Model Y LR AWD
$59,990
$84,990
€49,990
2024 Model Y Performance
$51,490
$73,990
€52,990
2024 Model Y LR AWD
$47,990
$68,990
€58,990
2024 Model Y LR RWD
$44,990
$64,990
€61,990
*Canadian Prices include the recent price increase.
**EU prices may vary by ordering nation.
The new Model Y comes in well above the price for the Performance variant of the previous Model Y. However, remember that this includes the $2,000 Acceleration Boost package, the $8,000 FSD package, and all of the other smaller add-ons. If you were already planning to buy the FSD and Acceleration Boost packages, it ends up being a decent deal, but the biggest attraction is the ability to get your Model Y much sooner.
Metallic infrared reflective coating on all glass for better heat reflection
Power-actuated second-row vents
One stalk for signaling. Shifting is now on the main screen.
The front-end view.
Not a Tesla App
Asia-Pacific Differences
RWD Variant: There are three key differences for the North American and European launches, versus the Asia-Pacific launch. First off, the Long Range Rear-Wheel Drive variant isn’t available for ordering at this time. That’s a pretty big hit - because it was the far more affordable version of the refreshed Model Y. With the new pricing forcing buyers to buy FSD and Acceleration Boost, making it more expensive than the Performance model, it could lead some buyers to hold off until the Launch Edition is over.
Glacial Blue: Second, the new color - glacial blue - isn’t making its way to North America or Europe at this time. In fact, the color palette for the Model Y appears to be limited to Stealth Grey, Pearl White Multicoat, Ultra Red, and Quicksilver.
Tow Hitch: Third - and honestly the most exciting - a class II tow hitch, capable of towing the same 3,500 lbs of weight, is available in North America and Europe, and it is included as part of the features for the Launch Edition.
With deliveries slated for March, we’re excited to see the first few arrive in North America and Europe arrive in the next 5-10 weeks. We’re sure the refreshed Model Y will be making its way to Tesla showrooms, as well as Auto Shows in both markets sometime soon - so stay tuned.
