What’s news: Big Tesla E-Semi Order

Tesla (TSLA) has secured a massive order of 130 Tesla Semi electric trucks from Walmart Canada.

Back in 2017, shortly after the unveiling of the Tesla Semi, Walmart Canada ordered 15 electric trucks from the automaker.

They have been adding to that original order and now almost 3 years later and after the Tesla Semi program was delayed, Walmart has announced that it is expanding its Tesla Semi orders to 130 trucks:

“Walmart Canada is now reserving a total of 130 Tesla Semi trucks, making it one of the largest reservations of electrified trucks in the country. The move comes on the heels of Walmart Canada announcing a major $3.5 billion investment over the next five years aimed to generate significant growth in the business and is aligned with  Walmarts global goal to target zero emissions by 2040 announced at Climate Week earlier this month.”

Tesla first started taking reservations with a $5,000 deposit per truck, but it later changed the listed deposit price to $20,000 for a “base reservation” of the production version and the full $200,000 for the “Founders Series” truck.

It means that Walmart would have placed over $2 million in deposits alone for the electric trucks and the total order could be worth over $20 million.

It makes this new order one of the biggest orders to date for the Tesla Semi….

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