💵 Top 10 Highest-Paid CEOs in Freight Brokerage
Inside: FedEx's market triumph, the controversy at Yellow Corp, Waabi and Uber Freight's decade deal, and the hammer comes down on PPP loan-scamming trucker.
Elon Musk tweeted over the weekend that a fully loaded Tesla Semi truck completed a 500-mile trip at a total weight of 81,000 lbs.
Nikola, Mercedes, Daimler, and Volvo have not reached that milestone yet. Tesla’s achievement comes just a few weeks after Volvo’s Renault Trucks taunted Musk and his company for failing to deliver on past promises. Tesla’s pushed back its deal to deliver the first fleet of long-haul electric vehicles to PepsiCo by 2019 multiple times. The delivery of 15 Tesla Semi trucks is now set for December 1. It looks like it’ll finally happen.
That means they beat out Tesla by just a week. It’s great to see a little friendly competition because it helps drive innovation in the sector.
Once Pepsi receives its promised first delivery, there are hundreds more Tesla Semis on order. Companies like UPS and Walmart are waiting for their fleets, too.
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