Tesla Semi deliveries begin with PepsiCo and DHL as first customers

Key Points:

• Tesla has begun delivering its electric Semi trucks to customers this week, nearly nine years after CEO Elon Musk first announced the project, with initial deliveries taking place at the company's Nevada plant.
• The Semi targets the commercial freight market by offering a long-range electric alternative to diesel trucks, with a long-range model capable of 500 miles on a single charge and a standard version offering 325 miles.
• Major companies such as PepsiCo, DHL, and U.S. Foods have purchased Semis, with Tesla planning to build up to 50,000 units annually at the Nevada facility, though specific production volumes and pricing have not been disclosed.
• Tesla faced delays in production due to supply chain issues, with the first pilot production trucks delivered in late 2022 and high-volume production expected to ramp up gradually, though not necessarily this year.
• Despite competition and policy changes, Tesla secured a new order for 2,500 Semis from a coalition including Microsoft and PepsiCo, nearly doubling the current electric Class 8 truck fleet, while Swedish company Einride also ordered 500 Semis.