Tesla Delivers First Semi Electric Trucks To PepsiCo

RTTNews | 776 ngày trước
Tesla Delivers First Semi Electric Trucks To PepsiCo

(RTTNews) - Tesla Inc. has delivered its first Semi, a heavy-duty electric truck, to its customer PepsiCo Inc. during an event at its Nevada Gigafactory.

The delivery of 500-mile fully electric Semi truck comes five years after the launch of the truck's prototype in 2017.

During Thursday night's Semi Delivery Event at Tesla's Sparks, Nevada factory, CEO Elon Musk, with Dan Priestly, the senior manager for Semi truck engineering, kicked off deliveries.

The event showcased at least 5 Tesla Semi electric trucks, of which 3 were white trucks, one with Pepsi and one with its snack foods unit Frito-Lays branding.

Tesla's all-electric class 8 truck, Tesla Semi, was unveiled in 2017, with a plan to start production as soon as 2019. However, the plans got delayed for years due to various reasons. In 2020, Musk had said that Tesla's own battery cells, which were under development, would not reach high-volume production until 2022, and would eventually affect the Cybertruck, Semi, and Roadster programs.

In April this year, the company said it plans to release the Tesla Semi EV in 2023, along with its long-awaited electric pickup Cybertruck.

However, in August, Musk tweeted that Tesla 500 mile range Semi Truck will start shipping this year, while Cybertruck will start shipping next year.

In early October, Musk announced that the luxury electric vehicle maker has started the production of Tesla Semi electric trucks, and the first delivery will be to food and beverages giant Pepsico starting December 1.

On November 26, Musk tweeted that Tesla had completed a 500-mile drive with the Semi weighing in at 81,000 pounds.

Soon after the Semi launch in 2017, PepsiCo, the first customer to receive and use Semi trucks, had placed orders for 100 Tesla Semi electric trucks to add to its fleet. The company was expecting to take deliveries of 15 Tesla Semi trucks initially, for a project to turn its Frito-Lay Modesto, California, site into a zero-emission facility.

Last year, Tesla had installed a Megacharger station for the trucks at Pepsi's Modesto facility.

According to Tesla, the truck can drive 500 miles on a single charge, fully loaded. The semi truck's features include driver's seat in the center of the cab rather than on one side, as it helps to accelerate much more quickly than traditional semi trucks. It has three electric motors, and also a new, fast-charging system.

At the event, Musk said a new megawatt ultra-fast chargers will be used to quickly refill the truck's batteries, which will also be made available for Cybertrucks when the pickup truck goes on sale.

CNBC earlier had reported that the truck was expected to cost $180,000, and that it would qualify for a tax break of up to $40,000 under a U.S. subsidy program.

Even though Semi was the first fully electric heavy-duty truck to be announced, similar trucks were launched into the market during its development period, including electric trucks by Volvo-owned Renault Trucks, Daimler as well as Nikola.

read more
Quaker Oats Recalls Pearl Milling Original Pancake & Waffle Mix

Quaker Oats Recalls Pearl Milling Original Pancake & Waffle Mix

Quaker Oats Co., affiliated to food and beverage giant PepsiCo, Inc., is recalling select Pearl Milling Co. Original Pancake & Waffle Mix distributed in 11 states, citing the possible presence of undeclared milk, a known allergen. According to the U.S. Food and Drug Administration, the recall involves a limited number of two pound boxes of Pearl Milling Original Pancake & Waffle Mix.
RTTNews | 17h 22phút trước
Tesla Stock Hit On First Decline In Annual Deliveries

Tesla Stock Hit On First Decline In Annual Deliveries

Shares of Tesla, Inc. fell around 6.1 percent on Thursday's regular trading after the luxury electric vehicle maker reported a decline in annual deliveries for the first time. The company also reported weak production in the year and in the fourth quarter, while quarterly sales were higher. On the Nasdaq, Tesla stock moved 1.1 percent higher in the extended trading on Thursday.
RTTNews | 13 ngày trước
Elon Musk's $56 Bln Pay Package Not To Be Reinstated, Judge Rules

Elon Musk's $56 Bln Pay Package Not To Be Reinstated, Judge Rules

Tesla Inc. Chief Executive Officer Elon Musk's $56 billion pay package, which was approved by its shareholders, has been rejected by a Judge for the second time, noting that the compensation plan was improperly granted. Meanwhile, Tesla said the court's decision is wrong, and that the electric vehicle maker is going to appeal.
RTTNews | 44 ngày trước
Rivian Shares Gain On Reports Of Conditional Settlement With Tesla, $6.6 Bln Loan Approval

Rivian Shares Gain On Reports Of Conditional Settlement With Tesla, $6.6 Bln Loan Approval

Rivian Automotive Inc.'s shares gained around 13 percent on Monday's regular trading after reports emerged that the all-electric automaker has reached a conditional settlement with EV major Tesla Inc., regarding its four-year old lawsuit. The shares were gaining 7% further in the pre-market activity on the Nasdaq, despite a slight drop in previous day's extended trading, after Rivian announced...
RTTNews | 51 ngày trước
Tesla Stock Climbs On Upbeat Earnings, FY24 Volume Growth View

Tesla Stock Climbs On Upbeat Earnings, FY24 Volume Growth View

Shares of Tesla Inc. climbed more than 12 percent in the after-hours on Wednesday and are currently up around 11 percent in the pre-market activity on the Nasdaq after the luxury electric vehicle maker reported higher profit in its third quarter, above market estimates, benefited by volume growth. Looking ahead to fiscal 2024, the company projects slight growth in vehicle deliveries...
RTTNews | 84 ngày trước
Tesla Unveils Robotaxi Cybercab, But Stock Down

Tesla Unveils Robotaxi Cybercab, But Stock Down

Shares of Tesla Inc. were losing more than 8 percent in the early morning trading on the Nasdaq on Friday following the electric vehicle maker's long-awaited robotaxi event, which showcased Cybercab self-driving concept car. The event perhaps failed to impress investors and Wall Street analysts.
RTTNews | 97 ngày trước
NTSB Probes Tesla Semi Truck Crash And Fire

NTSB Probes Tesla Semi Truck Crash And Fire

The National Transportation Safety Board or NTSB has opened an investigation into the recent crash and fire of a Tesla Inc. Semi truck in California. In the incident, the Tesla Semi ran off the road on Interstate 80 near Emigrant Gap, California in the early morning Monday. Though no one was injured in the accident, the vehicle's battery subsequently caught fire and the freeway in both directions.
RTTNews | 147 ngày trước
EU To Impose Countervailing Duty Of 9% On Tesla's China-made BEVs

EU To Impose Countervailing Duty Of 9% On Tesla's China-made BEVs

The European Commission is disclosed its draft decision to impose countervailing duties of up to 36.3 percent on imports of battery electric vehicles (BEVs) from China. The Commission said the unfair subsidization is causing a threat of economic injury to BEV producers in the European Union.
RTTNews | 149 ngày trước