Deals
Tesla Buys Trucking Companies to Boost Deliveries, Musk Says
- CEO claimed in September that carmaker was making own carriers
- Truck hauler group says Black Friday causing ‘capacity crunch’
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Elon Musk is apparently charting his way out of what he’s referred to as “delivery logistics hell” by making acquisitions and lining up contracts with trucking haulers.
The Tesla Inc. chief executive officer tweeted Thursday that Model 3s ordered in the U.S. by the end of the month will be delivered by year-end. He wrote that using trucks instead of rail shaves more than a month off the time it takes to get cars to the East Coast.