Tesla Semi Fleet Grows As PepsiCo Takes Delivery Of Another 50 EV Trucks
Portfolio Pulse from Anan Ashraf
Tesla is delivering 50 more Semi trucks to PepsiCo, expanding PepsiCo's fleet to 86 Semis. Tesla is also building a high-volume Semi factory at Giga Nevada, with production for external customers starting in 2026.

May 21, 2024 | 11:24 am
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POSITIVE IMPACT
PepsiCo is expanding its fleet of Tesla Semi trucks to 86, indicating a commitment to sustainable transportation and potential cost savings.
The expansion of PepsiCo's fleet with Tesla Semi trucks demonstrates the company's commitment to sustainability and could lead to operational efficiencies and cost savings, positively impacting PepsiCo's stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Tesla is delivering 50 more Semi trucks to PepsiCo and is building a high-volume Semi factory at Giga Nevada, with production for external customers starting in 2026.
The delivery of additional Semi trucks to PepsiCo and the construction of a high-volume Semi factory indicate strong demand and future growth potential for Tesla's Semi trucks, positively impacting Tesla's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100