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Amazon Builds Stake in Einride as Deal Adds 500 Tesla Semis

Amazon logoAmazon
Sig2.55Sen+3.60Env+3.80Soc+0.80Gov0.00
Tesla logoTesla
Sig2.65Sen+3.20Env+2.80Soc+0.90Gov0.00

Amazon is accumulating a stake in Sweden’s Einride through warrants for 25.2 million shares (~12%) that vest as Amazon buys freight services. Einride plans to deploy 500 Tesla Semis across North America to haul Amazon and other customers’ freight, starting in September and rolling out in phases over two years on key U.S. corridors, supported by third-party financing.

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