PepsiCo has announced it has reserved 100 Tesla Semis. The announcement marks the largest order yet for the new electric semi-truck.
The snack and beverage maker is hoping the Tesla Semi will reduce its operating costs associated with distribution and delivery. PepsiCo says it is still analyzing which routes the Tesla truck will be most effective on, but it is anticipating using them on a range of routes, including from both manufacturing and distribution centers within 500 miles.
By Reuters count, a known 267 Tesla Semis have been ordered after PepsiCo’s announcement. Major names such as WalMart, JB Hunt, Anheuser-Busch and others have already put money down for the Semi, which isn’t due to hit the market until 2019.
PepsiCo has declined to comment on how much money the company had to front for their Tesla Semi order. When Tesla CEO Elon Musk revealed the Semi he claimed the reservation price would be $5,000 per truck. That figure has since raised to $20,000 per truck as Tesla does everything it can to bring in cash while the company irons out the kinks of Model 3 production.