Description: In the same week Loblaws announced that it was starting up a delivery service for online orders, it also surprised us with another future looking move by stating an intention to purchase Tesla’s electric trucks. The trucks are expected to hit the road in 2019 and will help move the giant grocer ahead in efforts to reduce carbon emissions. Walmart also announced that it will be adding Tesla trucks to its fleet. The Tesla truck battery will store 98% of the kinetic energy from the truck’s braking process.
Date: November 17, 2017
Source: financialpost.com
Discussion Points:
1) What do you think about this move by Tesla into the heavy truck line?
2) What do you think may have prompted Loblaws and Walmart to commit to these Tesla trucks?
3) How do you think more businesses could be encouraged to pursue vehicles that do not burn carbon-based fuels?
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