NEW YORK, NY / ACCESSWIRE / December 13, 2017 / Tesla shares saw more gains on Tuesday after it was revealed that PepsiCo has placed the largest order for the company?s semi-trucks. Tesla shares are up more than 8% in last 2 days. Pepsico shares did not see any major movement despite the news.

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Tesla, Inc.
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Pepsico, Inc.
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Tesla, Inc. shares were exploding on Tuesday, closing the day up 3.68%. The stock has seen gains of more than 8% in last 2 days. Yesterday share prices were boosted by the fact that PepsiCo has placed a huge order for the company's new electric semi-trucks. CNBC's Jim Cramer spoke on "Mad Dash" and said that Pepsico had preordered 100 of the electric semi-trucks. Though the delivery date is not for years, there are now over 250 trucks pre-ordered by various companies and this is an "impressive number" according to Cramer. The anticipated big rig costs $5,000 per reservation and will have a price range later that is in between $150,000 and $180,000. Pepsi has the largest order so far with 100 orders. Anheuser Busch has ordered 40, Walmart has ordered 15, Sysco has ordered 50, and J.B. Hunt has ordered 40.

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Pepsico, Inc. shares closed up a modest 0.01% on Tuesday with almost 2.7 million shares traded, a million lower than the average volume of 3.8 million shares. After a recent pre-order for Tesla's semi-trucks, the company is now the company with the most orders to date for Tesla's highly anticipated electric semi. Pepsi has reserved 100 of the company's electric big rigs in an effort to reduce fuel costs and fleet emissions. Other companies have also placed orders in recent weeks including Wal-Mart and J.B. Hunt Transport Services Inc. So far Tesla has 285 truck reservations already according to Reuters. Pepsico has a fleet of nearly 10,000 big rigs in the U.S. and according to its senior director of North American supply chain, Mike O'Connell, is looking to cut its greenhouse gas emissions by 20% by 2030 across its supply chain. The Tesla semi-trucks will not be available until roughly 2019 when they are expected to begin production.

Access RDI's Pepsico, Inc. Research Report at:
http://www.rdinvesting.com/report/?ticker=PEP

Our Actionable Research on Tesla, Inc. (NASDAQ: TSLA) and Pepsico, Inc. (NYSE: PEP) can be downloaded free of charge at Research Driven Investing.

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