PepsiCo CEO Says First Tesla Semis Will Be Delivered This Quarter

PepsiCo, one of the biggest Tesla Semi buyers, expects to take delivery of the first all-electric Class 8 trucks before the end of this year.

That sounds great but the problem is Tesla recently announced that customer deliveries of the Semi are pushed to 2023 due to supply chain challenges and the limited availability of battery cells. Did Pepsi not get the memo? It would seem that way at first sight, judging by company CEO Ramon Laguarta’s recent remarks.

During an interview on “Squawk on the Street,” CNBC’s Jim Cramer asked about PepsiCo’s plans to reduce carbon dioxide emissions. The executive replied that one of the measures is adding electric trucks to its fleet and said that PepsiCo is expecting Tesla Semi deliveries in Q4 2021.

After Tesla first unveiled the Semi in 2017, PepsiCo placed the biggest order for the electric truck at the time: 100 units for its fleet. At the time, PepsiCo said that 15 Semis would be used for a project to turn its site in Frito-Lay Modesto, California, into a zero-emission facility.

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