Tesla Stock (NASDAQ:TSLA)
The EPA has given Tesla (NASDAQ:TSLA) the green light to begin delivering its electric Tesla Semi, according to an exclusive story published today by Teslarati.com. EPA informed Teslarati on September 29 that a Certificate of Conformity has been issued to Tesla for the 2023 Tesla Semi. The expiration date of the certificate is 12/31/2023. When the EPA issues a Certificate of Conformity for the Semi, the firm now has the green light to start selling the vehicle to the general public. As a result, Tesla stock surged on Tuesday.
Vehicles that meet the EPA’s emissions and fuel efficiency standards are awarded Certificates of Conformity. “Every class of heavy-duty engines/vehicles and nonroad engines admitted into commerce in the U.S. must obtain a Certificate of Conformity, and they are valid for just one model year of manufacturing,” the EPA states.
Prior announcements of volume production and delivery of the Semis by the electric vehicle manufacturer in 2020 and 2021 have been pushed back due to battery limits and supply chain concerns. The fact that Tesla stock is already applying for the certificate suggests that car sales will start shortly.
Initially, the Semi will be delivered to PepsiCo (NASDAQ:PEP) facilities in Modesto and Sacramento, California. At this time, Tesla’s failure to deliver the car to PepsiCo on December 1 would be attributable solely to the vehicle’s inability to be produced or to a delay in its transit to its final destination.
During Tuesday’s midday session, Tesla stock has risen by 3.85%.
Featured Image- Unsplash @ milancsizmadia
Author Shariq Khan 
