UPS makes big bet on Tesla, pre-ordering 125 electric trucks

bizjournals Wednesday, 20 December 2017 ()
UPS is making a big bet on Tesla. United Parcel Service Inc. said Tuesday that it has placed a reservation for 125 of Tesla Inc.'s new fully-electric Semi tractors, which is the biggest order yet for Elon Musk's ambitious enterprise. The big rigs will join the Atlanta-based logistics giant's extensive alternative fuel and advanced technology vehicle fleet. Reuters reports that the Tesla trucks will cost around $200,000 each for a total order of about $25 million. PepsiCo Inc. had made the largest…
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News video: UPS Makes Largest Public Pre-Order Of Tesla Semi-Trucks

UPS Makes Largest Public Pre-Order Of Tesla Semi-Trucks 00:42

 UPS announced on Tuesday that it's buying 125 Tesla electric semi-trucks. This is hte largest public order for the big rigs so far. Tesla is hoping that it will convince the trucking industry that it can build an affordable electric semi with the same range and cargo capacity as the low-cost,...