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Search resuls for: "” Pepsi"


2 mentions found


☆ Food prices are still surging — here’s what’s getting more expensive
  + stars: | 2022-10-13 | by ( Nathaniel Meyersohn | ) edition.cnn.com   time to read: +2 min
New York CNN Business —Prices at the grocery store continued to soar last month, adding even more pressure to shoppers’ wallets. The food at home index, a proxy for grocery store prices, increased 0.7% in September from the month prior and a stunning 13% over the last year, according to new government data released Thursday. Fruits and vegetables surged 1.6% for the month, while cereals and bakery products rose 0.9%. The company’s prices increased 17% annually. But higher prices at the grocery store are forcing customers to make some trade offs.
☆ Elon Musk announces Tesla Semi production after Twitter deal returns
  + stars: | 2022-10-07 | by ( Matt Mcfarland | ) edition.cnn.com   time to read: +3 min
Washington, DC CNN —Tesla CEO Elon Musk said Thursday that production of its Semi truck has begun, and deliveries to one customer, Pepsi, will occur in December. Tesla first announced the Semi in November 2017 and production was said to begin in 2019. Musk, the world’s richest man, has sold about $15 billion in Tesla stock this year, but it’s still not clear if Musk has sufficient liquid funds to close the Twitter deal. Musk, who has received commitments for debt and equity financing, may need to sell additional shares of Tesla to finance the purchase. Tesla shares fell roughly 5% in trading Friday morning.
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