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By Jessica DiNapoli NEW YORK (Reuters) - Key Tesla customer PepsiCo made initial payments for 100 Tesla Semis in 2017, intending to use the electric-truck fleet to haul its Cheetos, Lays potato chips and Pepsi soda pop to retailers. But according t...
One company is aiming to be the Tesla (TSLA) - Get Free Report for the high seas. Florida-based Blue Innovations Group (BIG) has revealed what it calls "the…
The upcoming year is expected to be a bright and busy one for auto manufacturers, however one of the major players in Detroit and in Europe is preparing for…
"So we expect to see deflation in our input costs, which would likely then lead to, yes, better margin." PROFITABILITY KEY Tesla said on Tuesday it would invest more than $3.6 billion to expand its Nevada factory complex and to increase the output of battery cells so that it could produce enough there to power 2 million vehicles annually. Tesla forecast it would sell 1.8 million EVs this year, which would mean sales growth of about 37%.