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00:03Tesla said its semi-truck is on track for full-scale production in 2026,
00:07with Tesla itself confirmed as the first customer.
00:10During the company's third-quarter earnings report, segment head Dan Priestley said the
00:14company plans to use the electric semis to electrify its supply chain, including operations
00:19in Texas. The EV giant plans to use the semi in its own fleet to replace gas-powered trucks in
00:25its operations, according to Teslarati. Future deliveries to external customers like PepsiCo,
00:31Cisco, Anheuser-Busch, UPS, DHL, J.B. Hunt, and Walmart are expected to follow.
00:39The move aligns with Tesla's sustainability goals and mirrors a similar trend with the
00:43Cybertruck, as SpaceX and XAI have reportedly purchased hundreds to offset low retail demand.
00:48Tesla stock fell 1.3% to $439.62 on Tuesday, but remains up 15.9% year-to-date.
00:57For all things money, visit Benzinga.com.
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