Einride Announces Major Order of Tesla Semi Trucks
On August 18, 2026, Einride AB (NASDAQ:ENRD) announced it will add 500 Tesla Semi trucks to its fleet. The move is expected to significantly expand Einride's operations and boost revenue growth in the second half of the year by more than double. However, despite an initial surge of up to 12%, Einride’s stock closed down 7% on the same day due to uncertainty around the commercial viability of Tesla Semi trucks. Einride plans to triple its fleet size with this order and aims for a total of 1,500–2,000 trucks by 2028. The company reported first-half revenue growth of 26% year-over-year but also noted an increased net loss due largely to one-time costs from its June stock market listing. Einride’s shares have declined significantly this year and are now valued under $1 billion. The deal marks the largest Tesla Semi order globally, signaling potential for full-scale production at Tesla's Nevada plant. However, the impact on Tesla (NASDAQ:TSLA) was minimal as its stock fell slightly despite the news.
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