Bulletin
Investor Alert

New York Markets Open in:

Oct. 7, 2022, 9:30 a.m. EDT

Tesla to deliver first Semi trucks to PepsiCo in December, Elon Musk says

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    PepsiCo Inc. (PEP)
  • X
    Tesla Inc. (TSLA)
  • X
    S&P 500 Index (SPX)

or Cancel Already have a watchlist? Log In

By Mike Murphy

Tesla Inc. has started production of its long-awaited all-electric Semi truck and will make its first deliveries to PepsiCo Inc. in December, Tesla’s chief executive, Elon Musk, said late Thursday.

“Excited to announce start of production of Tesla Semi Truck with deliveries to @Pepsi on Dec 1st!,” Musk said in a tweet . “500 mile range & super fun to drive,” he added.

PepsiCo /zigman2/quotes/208744353/composite PEP -0.11% ordered 100 Tesla Semis in 2017 . At the time, production was expected to begin in 2019, with the 500-mile-range version starting at $180,000.

In August, Musk said the 500-mile-range truck would begin deliveries by the end of the year , to be followed by the Cybertruck pickup next year.

Tesla shares /zigman2/quotes/203558040/lastsale TSLA +0.08% have fallen 32% to date in 2022, outpacing the S&P 500’s /zigman2/quotes/210599714/realtime SPX -0.12% 21% decline.

Key Words: Musk’s purported peace plan for Ukraine draws condemnation from diplomat, statesmen and chess champion

/zigman2/quotes/208744353/composite
US : U.S.: Nasdaq
$ 185.69
-0.21 -0.11%
Volume: 3.55M
Dec. 2, 2022 4:00p
P/E Ratio
26.56
Dividend Yield
2.48%
Market Cap
$255.83 billion
Rev. per Employee
$270,722
loading...
/zigman2/quotes/203558040/lastsale
US : U.S.: Nasdaq
$ 194.86
+0.16 +0.08%
Volume: 73.65M
Dec. 2, 2022 4:00p
P/E Ratio
60.21
Dividend Yield
N/A
Market Cap
$615.32 billion
Rev. per Employee
$753,983
loading...
/zigman2/quotes/210599714/realtime
US : S&P US
4,071.70
-4.87 -0.12%
Volume: 0.00
Dec. 2, 2022 5:10p
loading...

Get news alerts on Tesla Inc. and PepsiCo Inc. — or create your own.
This Story has 0 Comments
Be the first to comment
More News In
Industries

Story Conversation

Commenting FAQs »

Partner Center

Link to MarketWatch's Slice.