Yahoo Finance Live anchors discuss Tesla's planned first deliveries of semitrucks.
As if Elon Musk’s week couldn’t be more eventful, the Tesla CEO gave the automotive world more news to chew on. In a tweet last night, Musk said Tesla has begun production of its long-awaited electric Tesla Semi truck, and that deliveries to Pepsi beginning on December 1st. In a follow up tweet, Musk said the semi would have 500 miles of range and would be “super fun to drive.”
PepsiCo Inc confirmed on Friday it would take delivery of Tesla Inc's Semi trucks on Dec. 1, becoming the first company to receive its orders of the much-delayed electric vehicle. PepsiCo said in a statement that the trucks would be used at its Frito-Lay plant in Modesto, California, and its PepsiCo beverages factory in Sacramento. PepsiCo has been aiming to reduce fuel costs and emissions, and placed an order for 100 of the trucks in 2017.