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UPS Buys Tesla Trucks

UPS, the delivery company, announced that it will buy 125 Tesla semi-trucks.

Editor’s Remarks: Elon Musk unveiled Tesla’s new all-electric semi-truck last month to a mixed reception. While the trucks were lauded as being a marvel of electric vehicle engineering, Tesla’s Model 3 production bottleneck left many wondering why the company has even forayed into the trucking space. Regardless, UPS has opted to pick up 125 of the state-of-the-art trucks, making it Tesla’s largest truck order to date, ahead of JB Hunt, Pepsi and Walmart. The trucks cost around $200,000 apiece and the recent raft of pre-orders should provide Musk with a much-needed cash injection.

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