Einride Seals Massive Tesla Semi Deal, Fueling Stock Surge

Swedish logistics technology provider Einride has announced the largest Tesla Semi procurement in history. The company plans to acquire 500 electric trucks, a threefold expansion of its existing vehicle inventory.

The new vehicles will be used to transport Amazon cargo across five major U.S. states, including California, Texas, New Jersey, Illinois, and Georgia. This partnership is expected to increase Einride's fleet from approximately 250 units to around 750 trucks.

Einride posted first-half 2026 revenues of $27 million, a 26% year-over-year increase. The company projects revenue expansion rates will accelerate in the second half of 2026, with growth exceeding current levels by more than double.