Elon Musk says Tesla will deliver first semitruck to Pepsi in December

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Yahoo Finance Live anchors discuss Tesla's planned first deliveries of semitrucks.

Video Transcript

BRIAN SOZZI: All right, let's-- I think I'm doing the Tesla and trucks for the holidays. Elon Musk says Tesla will deliver the first semi-truck ever to PepsiCo in December. Pepsi ordered 100 trucks in 2017 when production was expected to begin in 2019. And this is quite the truck. I remember when Tesla initially unveiled it. I believe it's supposed to get 500 miles on a full charge.

It is a very-- it is a very intimidating-looking truck. But I think, really, it's going to give a good snapshot into what is possible with electric trucking and how much perhaps more infrastructure-- charging infrastructure we still need in this country. It's coming, but we still need it, and we need it now.

BRAD SMITH: Yeah, and this not to be confused with the Cybertruck that had a rock thrown at it and still had the window cracked. This is the semi version that Tesla back in 2017 had racked up early orders from the likes of JB Hunt, I believe it was, Pepsi, Walmart. They had some major purchase orders. Then it just came down to delivery. And at first, I believe that timeline was more closer to 2020.

[BUZZER]

That eventually got pushed out.

JULIE HYMAN: Yeah, and the Cybertruck ET was coming, too, so that's-- there was also a little bit of baby news on that, I guess.

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