📺 Stream EntrepreneurTV for Free 📺

Elon Musk is Partnering With Pepsi in an Attempt to Disrupt the Shipping Industry The billionaire took to Twitter on Thursday to announce the roll-out of the long-awaited Tesla semi-truck.

By Emily Rella

entrepreneur daily
VERONIQUE DUPONT/AFP via Getty Images

Amid Elon Musk's quest to have influence in what seems like every industry, a new endeavor puts the billionaire and Tesla right in the heart of the shipping industry.

On Thursday, Musk announced that Tesla will roll out a semi-truck model, which is meant to take on deliveries for large companies. The first of these big companies set to partner with the electric vehicle company will be PepsiCo.

Musk shared that the first deliveries for the company will roll out on December 1 of this year.

The Tesla CEO then followed up by revealing that the semis can drive in a 500-mile range without needing to be charged and are "super fun to drive." He did not give further detail on how big the fleet of trucks being produced was or how Tesla plans to deploy the trucks to the company.

PepsiCo. did not publicly comment on Musk's announcement.

Tesla's semi-truck was originally announced in 2017, though factory and supply chain issues have continued to delay its production to fruition. Reservations for the vehicles were originally set at $20,000 but upon visiting Tesla's website, appear to be closed.

Back in August, Musk told Tesla hopefuls that the semi-truck would begin shipping in 2022 and that the largely anticipated Cybertruck would begin shipping in 2023.

Tesla's partnership with PepsiCo. will be the first of its kind in the beverage industry as it will provide an all-electric fleet of delivery vehicles.

Tesla was down just shy of 14% in a one-year period as of Friday morning.

Emily Rella

Entrepreneur Staff

Senior News Writer

Emily Rella is a Senior News Writer at Entrepreneur.com. Previously, she was an editor at Verizon Media. Her coverage spans features, business, lifestyle, tech, entertainment, and lifestyle. She is a 2015 graduate of Boston College and a Ridgefield, CT native. Find her on Twitter at @EmilyKRella.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Business News

Ring Camera Owners Will Receive $5.6 Million in Payments After FTC-Amazon Settlement. Here's How Many Customers Are Eligible — And How They'll Get the Cash.

The payouts are a result of a June 2023 settlement with Amazon over privacy violation allegations against the camera company.

Business Ideas

Clinton Sparks Podcast: Shaquille O'Neal's Journey from NBA Superstar to Entrepreneur

This podcast is a fun, entertaining and informative show that will teach you how to succeed and achieve your goals with practical advice and actionable steps given through compelling stories and conversations with Clinton and his guests.

Starting a Business

Clinton Sparks Podcast: Offset's Journey From Hip-Hop to High Fashion and Entrepreneurship Success

This podcast is a fun, entertaining and informative show that will teach you how to succeed and achieve your goals with practical advice and actionable steps given through compelling stories and conversations with Clinton and his guests.

Side Hustle

3 Secrets to Starting a Small Business Side Hustle That Gives Your Day Job a Run for Its Money, According to People Who Did Just That — and Made Millions

Almost anyone can start a side hustle — but only those ready to level up can use it to out-earn their 9-5s.

Business News

Jeff Bezos and Amazon Execs Used An Encrypted Messaging App to Talk About 'Sensitive Business Matters,' FTC Alleges

The FTC's filing claims Bezos and other execs used a disappearing message feature even after Amazon knew it was being investigated.

Real Estate

Is It More Profitable to Buy a Single-Family or Multi-Unit Property? Here's What Beginner Real Estate Investors Need to Know.

Making the most profitable decision means having a clear eye towards risk tolerance, time availability and management training enthusiasm, among other factors.