• Tesla, the developer of “Tesla Semi” battery-electric class 8 semi-trucks with autonomous capabilities, has secured an order for 10 Tesla Semi trucks from Karat Packaging—a logistics firm, in December.

• Tesla has not provided a timeframe for the delivery of trucks, but Karat Packaging expects to receive the trucks later this year.

• Karat Packaging plans to deploy the trucks in California initially and will utilize Tesla's Supercharger/Megacharger network in the state to charge the trucks.

• Unveiled in November 2017, Tesla Semi comes with its self-driving technology, “Tesla Autopilot.” The autopilot feature is equipped with automatic emergency braking, lane departure warnings, and event recording with Society of Automotive Engineers (SAE) Level 2 automation.

<ul><li> Analyst QuickTake: This agreement enhances Tesla’s growing Tesla Semi order book. These pre-orders include deals with MHX Leasing (for 10 trucks; April 2021), Pride Group Enterprises (for 150 trucks; November 2020), Walmart Canada (for 130 trucks; September 2020), and PepsiCo (for 100 trucks; December 2017). However, the company pushed back mass production of the truck to 2023 because of supply chain shortages but began limited production in December last year.</ul>