Thursday , December 13 2018

Tesla buys trucking firms for deliveries

Bloomberg

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. CEO tweeted that Model 3s ordered in the US 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.
When asked to elaborate on how Tesla arranged for more capacity, Musk said the company made some acquisitions of trucking companies, without being specific.
Musk, 47, tweeted repeatedly in September about how Tesla was having trouble smoothly getting Model 3s out to customers.
A Tesla spokesman declined to comment when asked which trucking companies he electric-car maker bought or arranged contracts with. Guy Young, the general manager of the Auto Haulers Association of America, said he hadn’t heard of any acquisitions involving Tesla.

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