Afternoon Coffee: Tesla Unveils Electric Semi Truck, Keystone Pipeline Leaks in South Dakota

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Tesla finally debuted its much-hyped electric semi truck Thursday evening, offering a challenger to diesel-powered models the company claims is safer and more efficient, Supply Chain 24/7 reports. The truck can drive 500 miles per charge, charge up to 400 miles in 30 minutes and hit a speed of 60 miles per hour in 20 seconds.

Keystone Leak

The Keystone Pipeline sprung a leak Thursday in South Dakota, spilling 210,000 gallons of oil in a remote northeastern part of the state, the New York Times reports. TransCanada, the company that operates Keystone, said the pipeline is now shut down and the cause of the leak was under investigation.

NAFTA Saga

Canada, Mexico and the US are still not seeing eye to eye on the future of the North American Free Trade Agreement (NAFTA) as talks reconvened in Mexico City this week, according to Reuters. While the US has demanded the trade pact terminate if a new deal is not negotiated, Mexico has instead proposed to review the agreement every five years, a process Canada said it would be open to.

Industrial Production

And finally, an economic update: Manufacturing output rose 1.3% in October, a significant increase above the combined manufacturing output change in each of the previous five months, the Wall Street Journal reports.

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