The Clap
After 5 years since announcing its development, Tesla (NASDAQ:TSLA) delivered its first all-electric semi-truck to PepsiCo (NASDAQ:PEP).
What
The truck is expected to reduce highway emissions and outperform diesel-powered trucks in both power and safety.
The pricing and production plans for the trucks have not yet been determined, and the cargo capacity they can carry is still unclear.
So What
In addition to PepsiCo, several other big corporations like Walmart (NYSE:WMT) and UPS (NYSE:UPS) have reserved the new truck, although details about the orders were not disclosed.
Now What
Many questions remain unanswered regarding the truck. Musk ended the presentation without taking any questions, and there are still many questions regarding the truck’s reliability to carry heavy loads for long distances, the cost of ownership, and more.