Einride is putting 500 Tesla Semis on US roads, the largest commitment to Tesla’s electric truck that anyone has made public.
That will takes the Swedish freight company from roughly 250 deployed electric trucks to about 750. First deliveries start next month, with the rest arriving in phases over 24 months.
Einride (Nasdaq: ENRD) announced the deal Tuesday alongside its first-half results. Five states are in scope: California, Texas, New Jersey, Illinois, and Georgia. Amazon is the named customer, and every truck gets managed through Saga, Einride’s software platform for routing and charging windows.
No Tesla Semi commitment announced so far is this big. In May, WattEV ordered 370 Tesla Semis for California port drayage, which held the record until today. Einride clears it by 130 trucks.
“This deployment is yet another proof point that we can execute at the scale our customers demand,” Einride CEO Roozbeh Charli said.
Tesla’s Director of Semi, Dan Priestley, stuck to the standard pitch: “EV heavy trucks provide lower costs per mile from fuel savings, reduced maintenance, and better uptime over diesel trucks.”
Here’s the thing. Tesla is quoting roughly $290,000 for the 500-mile Long Range Semi and about $260,000 for the Standard Range version, per the pricing we got when the first Semi rolled off the high-volume production line in April. Five hundred trucks puts the hardware bill somewhere between $130 million and $145 million.
Einride closed June with SEK 748 million in cash. That’s about $77 million.
” No lender named, no terms given, nothing saying whether the trucks land on Einride’s balance sheet at all.
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