Elon Musk. Photo: Francois Mori / AP

More broadly, significant electrification of the heavy-duty trucking sector in the coming decades could play an important role in curbing global oil demand.

Long-haul trucks account for 13 percent of U.S. petroleum consumption, according to the group Securing America's Future Energy.

Trucking is a major source of petroleum demand worldwide. International Energy Agency head Fatih Birol has noted that trucks in Asia alone are responsible for a third of oil demand growth levels.

What to look for Thursday: Questions confronting Musk's plan to enter the heavy-duty trucking market include . . .

  • Tesla's timeline for commercial production and projected vehicle costs.
  • How much range the vehicle will have. Reuters reported in late August that it would be around 200-300 miles, which is much less than big diesel trucks can travel on a single tank.
  • The extent to which it have autonomous features and other advanced technologies that enable "platooning" of multiple vehicles and other attributes.

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Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 1:30 p.m. ET: 32,919,487 — Total deaths: 995,352 — Total recoveries: 22,770,166Map.
  2. U.S.: Total confirmed cases as of 1:30 p.m. ET: 7,089,611 — Total deaths: 204,566 — Total recoveries: 2,750,459 — Total tests: 100,492,536Map.
  3. States: New York daily cases top 1,000 for first time since June — U.S. reports over 55,000 new coronavirus cases.
  4. Health: The long-term pain of the mental health pandemicFewer than 10% of Americans have coronavirus antibodies.
  5. Business: Millions start new businesses in time of coronavirus.
  6. Education: Summer college enrollment offers a glimpse of COVID-19's effect.

Biden on Supreme Court fight: "This is about whether or not the ACA will exist"

Joe Biden made health care the overwhelming focus of his remarks from Wilmington, Delaware, on Sunday, stressing that the Senate confirmation battle over Judge Amy Coney Barrett's nomination to the Supreme Court is about preserving the Affordable Care Act in the midst of a pandemic.

Why it matters: Democrats are aggressively pushing the message that Barrett, who has previously criticized Chief Justice John Roberts for his 2012 ruling salvaging the ACA, will seek to invalidate the law when the Supreme Court hears a Trump administration-backed lawsuit against it on Nov. 10.

McMaster: Trump's peaceful transition comments are a "gift to our adversaries"

President Trump's refusal to commit to a peaceful transfer of power if he loses November's presidential election is a "gift to our adversaries," Trump's former national security adviser H.R. McMaster said Sunday.

The big picture: McMaster, a retired three-star general, said that the American people must understand that the military will have "no role" in a presidential transition and that it's "irresponsible" to even talk about it as a possibility.