Tesla is coming up after receiving its largest order for its electric semi-trailers to date.
Shares rose 0.52% to $ 314.88 on Thursday after Anheuser-Busch announced that it had placed an order of 40 semi trucks. Anheuser-Busch did not say how much it paid to reserve the vehicles, but Tesla currently offers reservations for $ 20,000 on its website, suggesting $ 800,000.
The movement coincides with an Anheuser-Busch trend, which completed what it calls the first autonomous beer delivery in October of last year. The company autonomously drove a truck full of its 132-mile beer thanks to a partnership with Uber Otto's company.
Anheuser-Busch said the trucks would help reduce their carbon footprint by 30% by 2025, which is equivalent to eliminating some 50,000 cars from the road.
The move is a big vote of confidence for Tesla, as the company launched its Semi in the middle of its production of Model 3. The company has had problems producing enough vehicles to meet the demand of its presale list of approximately 450,000 vehicles. However, Tesla said in his latest earnings call that the problem was a bottleneck in the assembly of car batteries, and is working to solve the problem.
Tesla has said that it will start production of its Semi in 2019.