VERIFIEDBy Xavier Rivera· ·2 min read
WattEV Orders 370 Tesla Semis in $100M Deal
WattEV has placed Tesla's largest public order to date for 370 Semis in a deal valued at approximately $100 million, complete with dedicated Megawatt Charging hubs. The agreement demonstrates a full-service leasing approach that lowers barriers for smaller operators transitioning to electric Class 8 trucks at the Port of Oakland and key California corridors.
Source:NotaTeslaApp
TL;DRAI · 60 sec read
WattEV has announced the purchase of 370 Tesla Semis, Tesla’s largest public purchase of the Semi to date, valued at approximately $100 million. The order follows recent major orders from Forum Mobility this week and Alyath late last month.
One of the largest barriers preventing widespread adoption of electric Class 8 vehicles is the lack of reliable, high-capacity charging infrastructure. Alongside the deployment of the 370 Semis, WattEV is building dedicated MCS charging hubs across critical California freight corridors, including Oakland, Fresno, Stockton, and Sacramento.
These stations will be equipped with Tesla’s Megawatt Charging System hardware. The Megawatt Chargers can replenish 300 miles of range in just 30 minutes, matching the turnaround time of a conventional diesel fill-up. For fleet operators, that means comparable downtime for refueling and recharging at a truck stop, without needing to alter schedules or plan new routes to accommodate.
A $100 million capital expenditure is not a small drop in the bucket, especially for independent carriers. WattEV’s model will allow smaller logistics companies to obtain a full-service lease, similar to those offered by Forum Mobility and Alyath. By bundling the vehicle, access to charging infrastructure, and leasing into a single package, WattEV is offering companies the ability to lower costs and reduce risk, especially if they’re unsure about the transition to electrified semis.
WattEV Chief Executive Officer Salim Youssefzadeh revealed at the annual ACT Expo trade show in Las Vegas that Tesla secured the order through a public request for proposals. Tesla ultimately won the contract based on three critical metrics: cost, performance, and availability. The mention of availability is particularly notable, with the Tesla Semi now successfully entering mass production.
More than 300 of the acquired Tesla Semis are slated for deployment under a joint program specifically focused on the Port of Oakland. Maritime freight corridors have been challenging for EV deployment due to the constant, high-volume flow of trucks moving in and out of dockyards and into faraway warehouses.
The delivery of the first 50 Tesla Semis is scheduled for 2026, timed to coincide with the planned opening of WattEV’s charging stations at the Port of Oakland and in Fresno. Additional depot locations are scheduled to open in Stockton this year, while the Sacramento facility will officially break ground in 2026. The remaining units of the 370-vehicle fleet will be fully delivered by the end of 2027.
One of the largest barriers preventing widespread adoption of electric Class 8 vehicles is the lack of reliable, high-capacity charging infrastructure. Alongside the deployment of the 370 Semis, WattEV is building dedicated MCS charging hubs across critical California freight corridors, including Oakland, Fresno, Stockton, and Sacramento.
These stations will be equipped with Tesla’s Megawatt Charging System hardware. The Megawatt Chargers can replenish 300 miles of range in just 30 minutes, matching the turnaround time of a conventional diesel fill-up. For fleet operators, that means comparable downtime for refueling and recharging at a truck stop, without needing to alter schedules or plan new routes to accommodate.
A $100 million capital expenditure is not a small drop in the bucket, especially for independent carriers. WattEV’s model will allow smaller logistics companies to obtain a full-service lease, similar to those offered by Forum Mobility and Alyath. By bundling the vehicle, access to charging infrastructure, and leasing into a single package, WattEV is offering companies the ability to lower costs and reduce risk, especially if they’re unsure about the transition to electrified semis.
WattEV Chief Executive Officer Salim Youssefzadeh revealed at the annual ACT Expo trade show in Las Vegas that Tesla secured the order through a public request for proposals. Tesla ultimately won the contract based on three critical metrics: cost, performance, and availability. The mention of availability is particularly notable, with the Tesla Semi now successfully entering mass production.
More than 300 of the acquired Tesla Semis are slated for deployment under a joint program specifically focused on the Port of Oakland. Maritime freight corridors have been challenging for EV deployment due to the constant, high-volume flow of trucks moving in and out of dockyards and into faraway warehouses.
The delivery of the first 50 Tesla Semis is scheduled for 2026, timed to coincide with the planned opening of WattEV’s charging stations at the Port of Oakland and in Fresno. Additional depot locations are scheduled to open in Stockton this year, while the Sacramento facility will officially break ground in 2026. The remaining units of the 370-vehicle fleet will be fully delivered by the end of 2027.
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