Tesla plans to deliver Semis to Pepsi five years after unveiling

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Tesla plans to deliver Semis to Pepsi five years after unveiling
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Tesla plans to deliver Semis to Pepsi five years after unveiling — via drivingdotca autonews ev Tesla

500 mile range & super fun to driveMusk said when Tesla first unveiled the Semi in November 2017 that it would go into production two years later. While would-be customers including Walmart Inc. and Anheuser-Busch InBev SA put down deposits, the automaker ended up prioritizing output of Model 3 sedans and Model Y sport utility vehicles for consumers while contending with battery cell and semiconductor supply issues.

Tesla will compete with other makers of battery-powered big rigs including relative newcomer Nikola Corp. and more established firms like Sweden’s Volvo AB. The latter announced this week that it will deliver 20 fully electric trucks to Amazon.com Inc. by year-end. Tesla shares slipped as much as 0.5 per cent to $237 before the start of regular trading. The stock has dropped 32 per cent this year.

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