Free Republic

Tesla Inc. TSLA has landed an order for 500 Semi electric trucks from Einride AB ENRD, in what the Swedish freight company calls the largest Tesla Semi deployment announced to date. The deal comes just months after the first Semi rolled off Tesla’s new high-volume production line in Nevada, a milestone that arrived years behind schedule. Einride announced the Tesla deal alongside its first-half results Tuesday, forecasting constant-currency revenue growth of 60% to 73% in the second half, accelerating from 26% in the first half. Einride shares surged 18% in premarket trading Tuesday. Tesla Semis Will Haul Freight for Amazon,...

Well-known multinational companies are lining up to be allowed to buy Tesla's new electric truck. It's been two months since Tesla presented its Semi electric truck. Tesla Semi promises to have 500 miles of range at maximum weight and should cost about 150,000 USD. There was a big skepticism before the unveiling of this electric truck, but obviously Tesla has been able to dispel a lot of distrust because the orders are flowing smoothly. Tesla doesn't release any figures of how many orders it has received. However, the companies that sign an order form obviously want to advertise it and...