Einride secures 500 Tesla Semis to triple fleet and unlock $800m in recurring revenue
The acquisition of Tesla’s electric big rigs, managed via Saga AI software, marks a significant scaling step for the recently public company as it targets key logistics corridors.
Swedish autonomous trucking firm Einride has agreed to purchase 500 Tesla Semi electric trucks, a move designed to triple its current fleet size and expand its electric freight network across major United States corridors. The vehicles will be deployed to customers including Amazon and PepsiCo, with integration into Einride’s operations scheduled to commence in September 2026 and conclude over a 24-month period.
The deal, which is financed by a third party, represents a critical scaling effort for the company, which went public in June 2026. Einride CEO Roozbeh Charli described the deployment as proof of execution at scale, noting that the acquisition could help convert approximately $800 million in potential long-term annual recurring revenue from joint business plans with shippers into actual revenue.
Einride will manage the Tesla Semis through its Saga AI software, a fleet management platform intended to provide customers with the operational benefits of electric transport without the financial and logistical burdens of asset ownership. The software determines vehicle usage, routing, and charging, effectively bundling the hardware with the company’s autonomous and management capabilities.
The expansion targets key logistics hubs in California, Georgia, New Jersey, and Texas. This agreement follows a separate deal struck with Amazon to add 75 of Einride’s own electric heavy-duty trucks to the e-commerce giant’s Relay freight network, alongside the provision of charging infrastructure across five US locations.
Tesla’s Semi has faced significant production delays since its 2017 concept reveal, with volume production only beginning in April 2026 at the company’s Nevada factory. Despite recent milestones, Tesla has scaled back its volume production promises for 2026, focusing instead on increasing battery production, particularly around its 4680 cell, to support broader manufacturing of the Semi and its Cybercab.
Founded a decade ago, Einride currently operates a fleet of approximately 200 heavy-duty electric trucks for clients such as Heineken and PepsiCo. The company has also developed cab-less autonomous pod trucks and recently acquired EV charging firm Flipturn to offer a comprehensive service package that includes efficient charging software alongside its vehicle fleet.
