Exclusive-PepsiCo to roll out 100 Tesla Semis in 2023, exec says


FILE PHOTO Teslas new electric semi truck is unveiled during a presentation in Hawthorne California U.S. November 16 2017. REUTERSAlexandria SageFile Photo

FILE PHOTO: Tesla's new electric semi truck is unveiled during a presentation in Hawthorne, California, U.S., November 16, 2017. REUTERS/Alexandria Sage/File Photo

NEW YORK/SAN FRANCISCO (Reuters) -PepsiCo plans to roll out 100 heavy-duty Tesla Semis in 2023, when it will start using the electric trucks to make deliveries to customers like Walmart and Kroger, the soda maker's top fleet official told Reuters on Friday.

PepsiCo Inc, which ordered the big trucks in 2017, is purchasing them "outright" and is also upgrading its plants, including installing four 750-kilowatt Tesla Inc charging stalls at both its Modesto and Sacramento locations in California, PepsiCo Vice President Mike O'Connell said in an interview. A $15.4 million state grant and $40,000 federal subsidy per vehicle helps offset part of the costs.

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