Tesla to Deliver First Semi Trucks to PepsiCo. in December, Elon Musk Says

Dow Jones2022-10-07

Tesla Inc. has started production of its long-awaited all-electric Semi Truck and will make its first deliveries to PepsiCo Inc. in December, Chief Executive Elon Musk said late Thursday.

"Excited to announce start of production of Tesla Semi Truck with deliveries to @Pepsi on Dec 1st!," Musk said in a tweet. "500 mile range & super fun to drive," he added.

PepsiCo. $(PEP)$ordered 100 Tesla Semis in 2017. At the time, production was expected to begin in 2019, with the 500-mile-range version starting at $180,000.

In August, Musk said the 500-mile-range truck would begin deliveries by the end of the year, to be followed by the Cybertruck pickup next year.

Tesla shares $(TSLA)$ have fallen 32% year to date, compared to the S&P 500's 21% decline in 2022.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

tig2021
2022-10-09
tig2021
Ok
hphoa
2022-10-07
hphoa
[Salute]
Option newbi
2022-10-07
Option newbi
Tesla fly to the moon
Deonc
2022-10-07
Deonc
Good sharing
YongJie
2022-10-07
YongJie
Wa
- kevinlaisq:
  ok
runningjames
2022-10-07
runningjames
Stock price can up rather than down?
- tig2021:
  ok

Leave a comment

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