Jim Cramer: Use ARK ETFs as Barometer of Millennial Stocks

By KATHERINE ROSS

Tesla  (TSLA) – Get Report CEO Elon Musk is cautioning that a shortage of battery cell supplies could impact the company’s ability to scale production of the Tesla Semi.

In a Tweet from his verified account on Tuesday, Musk said that while demand for the trucks is “no problem … but near-term cell supply makes it hard to scale Semi”, adding that ‘this limitation will be less onerous next year.”

Musk told investors on a conference call following Tesla’s fourth-quarter earnings, however, that while a Tesla semi would use “typically five times the number of cells that car would use,” it “would not sell for five times what a car would sell for,” adding that cell group constraints were the main reason that the group hadn’t scaled-up production of the truck as of yet.

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