PepsiCo orders 100 Tesla Semi trucks in biggest deal since launch [MarketWatch]
Tesla, Inc. (TSLA)
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Source: MarketWatch
PepsiCo orders 100 Tesla Semi trucks in biggest deal since launch PepsiCo Inc.is planning to haul some of its Cheetos and other products in Tesla Inc. electric commercial trucks, the latest big-rig order for the Silicon Valley vehicle maker and a sign of continued interest in the company’s newest prototype. PepsiCo PEP, +0.01% confirmed Tuesday it had placed reservations for 100 Tesla Semis. The snack and beverage giant declined to disclose costs or a timeframe for the trucks’ delivery. Tesla TSLA, +3.68% requires a $20,000 reservation for the truck, which is expected to begin production in 2019. The Semi starts at $150,000 for a truck able to go 300 miles between charges, with a Founders Series one starting at $200,000 and a truck with a 500-mile range starting at $180,000. Companies such as Wal-Mart Stores Inc. WMT, -0.24% and J.B Hunt Transport Services Inc JBHT, -0.05% were among the first to publicly disclose Tesla Semi orders , followed by others such as the U.S. uni
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