Tesla finally revealed its long-awaited semi truck. It was a complete failure that shows electric trucks are nowhere near ready to haul the world's freight. Tesla finally revealed its long-awaited semi-truck. It was a complete failure that shows electric trucks are nowhere near ready to haul the world's freight. Â Â
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 Jason Williams / Mar 17, 2023 Make Teslaâs Failure Your Victory A few months ago, Elon Muskâs Tesla finally unveiled its first âworkingâ semi truck to an industry thatâs been waiting for years to see what the EV king would create. But itâs been nothing but an utter disaster ever since it first rolled out of the factory and onto the streets. The trucks are already breaking down, which is a bad sign since the average diesel-powered big rig can go about 500,000 miles with just regular maintenance before it needs any major work. Teslaâs semiâs arenât even lasting the 40,000 miles a diesel-powered rig goes between oil changes. Itâs making drivers joke that to have an electric truck, you need to keep two diesel trucks on standby: one so you can tow your EV back home and another so you can haul your load where it was supposed to go... [towing tesla semi] I guess it's a good thing that tow trucks donât run on batteries yet. A Truck No Trucker Wanted But breaking down isnât even the biggest problem theyâre running into. The biggest problem is that truckers, the folks who drive those big rigs all over the world, donât like them. The truck was designed by engineers from California, not by anyone who knows anything about how transportation services work. Thatâs why the seat is in the middle of the cab, making it impossible for drivers to pass paperwork out the window as they enter or leave a yard or port. Are You Sick of Market Crashes Gutting Your Retirement Account? Thereâs a way to flip the market carnage into a legal fortuneâ¦Without shorting a single stockâ¦And without touching options, cryptos, or âmeme" stocks. This radical âblueprint'' could help anyone turn $500 into $1.2 million in under a year. [For more details, go here now.]( Itâs why the windshield is angled and extremely large, making it nearly impossible to clear snow or frost off it in cold conditions and allowing the cab to heat up dramatically on sunny days. Itâs why the doors are behind the driverâs seat, forcing the company to waste cab space on what amounts to a hallway from the door to the seat. And itâs why real truckers are calling it nothing more than a ârich boyâs toy, not a practical, working vehicle, because its designers have no clue about the realities of transport.â And itâs one of many reasons why electric trucks arenât going to be the future of hauling freight around the world. From Bad to Worse The other major problems confronting the Tesla semi are the same confronting all the other EV semi truck prototypes: long charge times, less power density, and short ranges. While it takes only a few minutes to fill up a diesel semi, it can take hours to fully charge an electric semi. And that single charge requires the same amount of electricity that an average house uses in a month. Talk about stress on the grid⦠especially when youâre talking about thousands of trucks passing through hundreds of truck stops every day to recharge. About the only thing that could add that much extra energy to a local grid is a big diesel generator at every truck stop creating the electricity to charge the trucks so they donât have to run on diesel. That sounds like it defeats the purpose of having battery-powered semi trucks to me... And it could be why Cummins, Americaâs largest and most famous diesel engine-maker, is all-in on building its own electric truck. Its diesel engines will make for excellent ârange extendersâ⦠New Robot Has Tech Execs Scrambling You might not believe this is even real, but I assure you this video has been left unedited. Nearly every tech company in the world is scrambling to get its hands on this tech. And investors are set to profit handsomely. Get the details on [our Top 3 Stocks Picks here.]( Which brings me to my next point: An average diesel-powered big rig can go about 1,000 miles on a full tank of gas. Most electric semis can go between 200 and 300 miles on a full charge. Even Teslaâs rig with its massive batteries can only make it 500 miles. You donât have to have any advanced mathematics degrees to know thatâs half as far as a diesel truck can go. So not only does it take exponentially longer to charge them, but once you get back on the road, you can only stay there half as long. Iâm starting to think that the truckers donât just dislike the placement of the seat⦠And then youâve got the power density issue: Lithium-ion batteries donât pack nearly as much punch into the same space as a tank of diesel fuel. Theyâre also incredibly heavy, which reduces the amount of cargo the trucks can haul. And theyâre incredibly expensive. Tesla hasnât publicly announced a price yet, but the batteries alone cost about threeâfour times as much as a new diesel-powered rig will run you. So it looks like â in the near term, at least â weâre not going to replace those big, dirty semis with electric trucks. Or Maybe We Will At least, not the kind of electric truck most people think about when you say âEV.â You see, there is an alternative to diesel-powered semi trucks that's not a battery-powered EV... And some of the most senior automobile executives on the planet agree that itâs the real future of âelectricâ trucking. And thatâs because these trucks donât require that you stop for a few hours every few hundred miles to charge the batteries⦠Because these trucks charge as they drive... $6 Billion in Funding Going to a Single Company? Biden has been dishing out funding as if these are his last days on Earth. Heâs handed out more than $2 trillion in funding during his first few years in office. One of his biggest goals is to develop the future of energy. Shockingly, it has nothing to do with fossil fuels OR renewables. A full $6 billion is headed to an industry dominated by one tiny Virginia-based company. A few critical patent approvals means very few others are on the shortlist. And early investors in this game-changing technology could reap a massive windfall. [You need to immediately check this one out for yourself.]( But this has nothing to do with solar panels or turbines or anything like that. This is time-tested, proven technology that's already in use across the globe. And when these trucks do need to be ârecharged,â it takes no longer than topping off the tank of a traditional big rig â a few minutes at most. Plus, because they donât rely on heavy, expensive lithium batteries, theyâre more affordable and can haul more freight. They donât have to give up thousands of pounds of cargo space to house thousands of pounds of batteries that have to be charged every few hundred miles. The engines they use are already powering commercial transportation equipment like forklifts, trains, trucks, and even buses around the world. Yet the company making all this possible is still unknown to the vast majority of investors. But Iâm convinced that itâs got the potential to completely unseat Tesla as the king of the future of transportation. And Iâm also convinced that will lead its stock to meteoric gains as more of its products hit the road on highways and byways across the U.S. and then around the globe. So today, I want to share a [report that Iâve compiled]( on the technology thatâs going to crush the EV semi truck industry before it even gets off the ground. It breaks down how these special engines work and how they generate their own electricity as they roll down the road. It explains the technology in simple terms. It even explains exactly how you can get invested now, before the crowd (and before the rally that mass adoption will lead to). Take a little bit of time today before you slide into the weekend to [see what Iâve uncovered]( and get yourself invested, too. You wonât regret it. To your wealth, [jason-williams-signature-transparent] Jason Williams [[follow basic] @TheReal_JayDubs]( [[follow basic]Angel Research on Youtube]( After graduating Cum Laude in finance and economics, Jason designed and analyzed complex projects for the U.S. Army. He made the jump to the private sector as an investment banking analyst at Morgan Stanley, where he eventually led his own team responsible for billions of dollars in daily trading. Jason left Wall Street to found his own investment office and now shares the strategies he used and the network he built with you. Jason is the founder of [Main Street Ventures](, a pre-IPO investment newsletter; the founder of [Future Giants](, a nano cap investing service; the editor of [Alpha Profit Machine](, an algorithmic trading service designed specifically for retail investors; and authors [The Wealth Advisory]( income stock newsletter. He is also the managing editor of [Wealth Daily](. To learn more about Jason, [click here](. [Feedback? get in touch](mailto:/newsletter@wealthdaily.com?subject=Wealth%20Daily%20feedback) [Read this email online]( [Manage Newsletters]( [Share on Twitter]( You signed up for our newsletter with the email {EMAIL}.
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