Magnus
Diamond Member
- Jun 22, 2020
- 13,296
- 10,466
- 2,138
Food and beverage maker PepsiCo Inc. PEP 0.84%increase; green up pointing triangle is expected to take delivery of the Semi, five years after Elon Musk revealed the model.
The Semi, originally due out in 2019, would be the first new model Tesla is putting in customer hands since early 2020, when the company began delivering its Model Y crossover.
Tesla is slated to host an event to mark the occasion in the Reno, Nev., area, where it has been producing the Semi and jointly operates a battery factory. A live-stream is expected to begin around 5 p.m. local time, according to PepsiCo. Mr. Musk has said he plans to attend.
PepsiCo’s Frito-Lay unit has teamed up with a local public health agency to replace its diesel-powered freight equipment in Modesto with 15 Tesla semitrailer trucks, among other vehicles and equipment. The California Air Resources Board has committed to funding half of that $30.8 million overhaul.
Tesla’s planned delivery of its Semi comes after President Biden in August signed into law legislation creating a new tax credit of up to $40,000 for commercial electric vehicles beginning in 2023, among other incentives.
The Semi, originally due out in 2019, would be the first new model Tesla is putting in customer hands since early 2020, when the company began delivering its Model Y crossover.
Tesla is slated to host an event to mark the occasion in the Reno, Nev., area, where it has been producing the Semi and jointly operates a battery factory. A live-stream is expected to begin around 5 p.m. local time, according to PepsiCo. Mr. Musk has said he plans to attend.
PepsiCo’s Frito-Lay unit has teamed up with a local public health agency to replace its diesel-powered freight equipment in Modesto with 15 Tesla semitrailer trucks, among other vehicles and equipment. The California Air Resources Board has committed to funding half of that $30.8 million overhaul.
Tesla’s planned delivery of its Semi comes after President Biden in August signed into law legislation creating a new tax credit of up to $40,000 for commercial electric vehicles beginning in 2023, among other incentives.
Tesla Delivers Semi Trucks to PepsiCo, Expanding Beyond Passenger Vehicles
Elon Musk introduced the semitrailer truck five years ago and it was initially due out in 2019.
www.wsj.com