A new endeavor puts the billionaire and his company right in the middle of the shipping industry.
VERONIQUE DUPONT/AFP via Getty Images The semi-truck model that Musk announced on Thursday is meant to be used by large companies. The first company to partner with the electric vehicle company will bePepsi Cola.
The first deliveries for the company will take place on December 1st, according to Musk.
The CEO of the company said that the semis can drive in a 500-mile range without needing to be charged. He did not say how big the fleet of trucks would be or how they would be deployed.
The company didn't comment on the announcement.
Production of the semi-truck has been delayed due to issues in the supply chain. When reservations for the vehicles were first made, they were set at $20,000, but now appear to be closed.
Musk said in August that the semi-truck would begin shipping in 2022.
It will be the first time in the beverage industry that an all-electric fleet of delivery vehicles will be provided by a company.
As of Friday morning, the company was down over 12% in one year.
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