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Friday, April 13, 2018 1:04:42 PM
Tesla’s Trucks Will Deliver Massive Profits For Investors
By Jason Simpkins
Written Apr. 13, 2018
Tesla launched its electric truck division, Tesla Semi, last November, and in the past few months, orders have been rolling in by the hundreds.
Delivery giant UPS was among the first companies to place an order, claiming 125 electric trucks from Tesla.
[-chart]assets.angelpub.com/2018/08/jmm-runaway-semi-1-47940.jpeg[/chart]
“For more than a century, UPS has led the industry in testing and implementing new technologies for more efficient fleet operations,” said Juan Perez, UPS’s chief information and engineering officer. “We look forward to expanding further our commitment to fleet excellence with Tesla. These groundbreaking electric tractors are poised to usher in a new era in improved safety, reduced environmental impact, and reduced cost of ownership.”
FedEx followed, though with a much smaller order of just 20 trucks. And TCI Transportation has ordered 50. Walmart, Anheuser-Busch, and Sysco have all placed orders, as well. In all, Tesla has logged over 500 reservations.
And this is just the beginning.
Consider, for instance, that UPS currently operates 108,000 delivery vehicles around the world. That means once its current order is filled, Tesla’s electric trucks will make up just 0.1% of its total fleet.
By Jason Simpkins
Written Apr. 13, 2018
Tesla launched its electric truck division, Tesla Semi, last November, and in the past few months, orders have been rolling in by the hundreds.
Delivery giant UPS was among the first companies to place an order, claiming 125 electric trucks from Tesla.
[-chart]assets.angelpub.com/2018/08/jmm-runaway-semi-1-47940.jpeg[/chart]
“For more than a century, UPS has led the industry in testing and implementing new technologies for more efficient fleet operations,” said Juan Perez, UPS’s chief information and engineering officer. “We look forward to expanding further our commitment to fleet excellence with Tesla. These groundbreaking electric tractors are poised to usher in a new era in improved safety, reduced environmental impact, and reduced cost of ownership.”
FedEx followed, though with a much smaller order of just 20 trucks. And TCI Transportation has ordered 50. Walmart, Anheuser-Busch, and Sysco have all placed orders, as well. In all, Tesla has logged over 500 reservations.
And this is just the beginning.
Consider, for instance, that UPS currently operates 108,000 delivery vehicles around the world. That means once its current order is filled, Tesla’s electric trucks will make up just 0.1% of its total fleet.
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