PepsiCo Showcases Fleet Of 18 Tesla Semi-Trucks Weeks After Recall: 'Critical For Us'

Food and beverage maker PepsiCo Inc PEP showcased its fleet of 18 Tesla semi-trucks at its Sacramento facility on Tuesday.

What Happened: PepsiCo on Tuesday showcased its fleet of Tesla semi-trucks at Sacramento.

"It's critical for us. We've got some pretty aggressive goals to decarbonize our business," PepsiCo's chief sustainability officer Todd Squarek told KCRA-TV. "By 2040, we aim to have almost 40% of our fleet decarbonized."

Tesla's all-electric heavy-duty semi-truck was first unveiled in 2017. It was pegged for a 2019 launch, but the first deliveries were eventually made to PepsiCo in December last year. PepsiCo received a total of 36 Tesla Semis, deployed in parts in Modesto and Sacramento.

See Also: Best Electric Vehicle Stocks

Tesla announced that it aims to build 50,000 units of the semi-truck by 2024 at its earnings call in October. However, late last month Tesla said that it was recalling thirty-five 2023 semi trucks, citing trouble with the parking brake. 

Check out more of Benzinga’s Future Of Mobility coverage by following this link.

Read More: Rivian CEO Reveals Why He’s Against Adopting Apple CarPlay: ‘You Have To Control…’

PEP Logo
PEPPepsiCo Inc
$131.19-0.17%

Stock Score Locked: Want to See it?

Benzinga Rankings give you vital metrics on any stock – anytime.

Reveal Full Score
Edge Rankings
Momentum
22.27
Growth
81.22
Quality
15.40
Value
29.22
Price Trend
Short
Medium
Long
Market News and Data brought to you by Benzinga APIs

Comments
Loading...