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>PURCHASE, N.Y., May 21, 2024 /PRNewswire/ -- Today PepsiCo Beverages North America (PBNA) announced the expansion of its electric-powered fleet across Californ

>PURCHASE, N.Y., May 21, 2024 /PRNewswire/ -- Today PepsiCo Beverages North America (PBNA) announced the expansion of its electric-powered fleet across California. In the next several months, fifty Class 8 Tesla Semi trucks will operate out of its manufacturing and distribution facility in Fresno, Calif., and 75 Ford E-Transit electric vans will step-change the electrification of its equipment services fleet across the state. The electric vehicle deployment will help the company progress toward its ambitious pep+ (PepsiCo Positive) goal to reach net zero emissions by 2040. https://www.pepsico.com/our-stories/press-release/pepsico-beverages-north-america-announces-california-based-electric-fleet-will-more-than-triple-with-latest-deployment https://www.pepsico.com/our-stories/press-release/pepsico-be...

FireBeyond 2y ago
Then that is new, certainly, and maybe they have reconciled. The date certainly matches and makes at least some of my information out of date. > PepsiCo made initial payments for 100 Tesla Semis in 2017 > But according to the food-and-drinks maker and one of its executives with knowledge of the deal, PepsiCo was using only 36[1] of Teslas promised 100 electric trucks as of [April 2024]. So they're getting 14 more "in the next several months", it seems. And still are owed 50 more from a seven year old order? They're more patient than I, it seems. https://www.reuters.com/business/autos-transportation/tesla-semi-trucks-short-supply-pepsico-its-rivals-use-competing-ev-big-rigs-2024-04-19/ https://www.reuters.com/business/autos-transportation/tesla-... [1] This source (https://www.ccjdigital.com/alternative-power/article/15635242/pepsico-on-tesla-semis-realworld-hauling-performance https://www.ccjdigital.com/alternative-power/article/1563524...) says there's only 21.
- 0cf8612b2e1e 2y ago
  How does an agreement work like this between big companies? I assume Pepsi lawyers have must-be-delivered-by dates. Typically, would everyone just walk away from the deal? Tesla would owe penalties? Or is it such a small investment for Pepsi, nobody important cares about the deal?

FireBeyond 2y ago

Then that is new, certainly, and maybe they have reconciled. The date certainly matches and makes at least some of my information out of date. > PepsiCo made initial payments for 100 Tesla Semis in 2017 > But according to the food-and-drinks maker and one of its executives with knowledge of the deal, PepsiCo was using only 36[1] of Teslas promised 100 electric trucks as of [April 2024]. So they're getting 14 more "in the next several months", it seems. And still are owed 50 more from a seven year old order? They're more patient than I, it seems. https://www.reuters.com/business/autos-transportation/tesla-semi-trucks-short-supply-pepsico-its-rivals-use-competing-ev-big-rigs-2024-04-19/ https://www.reuters.com/business/autos-transportation/tesla-... [1] This source (https://www.ccjdigital.com/alternative-power/article/15635242/pepsico-on-tesla-semis-realworld-hauling-performance https://www.ccjdigital.com/alternative-power/article/1563524...) says there's only 21.

0cf8612b2e1e 2y ago
How does an agreement work like this between big companies? I assume Pepsi lawyers have must-be-delivered-by dates. Typically, would everyone just walk away from the deal? Tesla would owe penalties? Or is it such a small investment for Pepsi, nobody important cares about the deal?