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 The date certainly matches and makes at least some of my information out of date.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.
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?
> 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-...
[1] This source (https://www.ccjdigital.com/alternative-power/article/1563524...) says there's only 21.