(Jennifer Smith – Wall Street Journal)
Forget the Clydesdales. Anheuser-Busch has reserved 40 of Tesla Inc.’s TSLA -0.64% all-electric Semi trucks, as the maker of Budweiser seeks to reduce fuel costs and vehicle emissions.
The U.S. subsidiary of Anheuser-Busch InBev BUD -1.54% NV plans to use the trucks for shipments to wholesalers within 150 to 200 miles of its brewery locations—well within the 500-mile range that Tesla Chief Executive Elon Musk has promised. The vehicles would be deployed among the brewer’s so-called dedicated fleets of about 750 trucks, which bear the company’s branding but are owned and managed by outside carriers.
One of the largest known reservations since the Semi was unveiled last month, Anheuser-Busch’s preorder is still tiny relative to the broader heavy-duty-truck market, which produces 250,000 to 300,000 big rigs a year. Click here to read more.