Einride to add 500 Tesla Semis to autonomous electric fleet Key takeaways - Einride plans to add 500 Tesla Semis over 24 months, tripling its Saga AI-equipped fleet. - The trucks will serve Amazon and other customers across freight corridors in five states. - Einride expects a fleet of 1,500 to 2,000 trucks by 2028 while targeting cash-flow break-even. Autonomous and electric freight company Einride plans to buy 500 Tesla Semi trucks in the next 24 months and run them on its Saga AI fleet intelligence platform, a plan the companies say will be the biggest deployment of its kind so far. The leaders of Einride, headquartered in Stockholm and listed on Nasdaq in June, said the Semis will serve Amazon and other customers and run in freight corridors in California, Georgia, Illinois, New Jersey, and Texas. If completed as planned, the 500-unit deal will triple Einride’s fleet running on the Saga AI operating system, which has so far overseen more than 19 million miles driven. Einride will finance the purchase of the Tesla trucks through a four-year asset-backed loan arrangement that has an effective interest rate of about 14%, CFO Anubhav Verma told investors and analysts on an Aug. 18 conference call. Verma said bringing on the Semis, along with growth in Einride’s work at five Amazon locations, should grow the company’s revenues to a point where it will start 2027 at about $90 million annually versus a first-half pace of about $54 million. CEO Roozbeh Charli told analysts that his team’s 500-truck order with Tesla is important to Einride's ability to turn more of the roughly $800 million in potential sales with partners into real revenue. “The capacity of the vehicles and the specification of the vehicles also unlocks another realm of use cases for customers in terms