FedEx Reserves 20 Tesla Semis

MarketScale
MarketScale
Mar 26, 2018

FedEx is the latest major logistics company to lock in an order for Tesla’s forthcoming Semi electric Class 8 trailer trucks. The shipping provider has ordered 20 of the vehicles, according to a press release from FedEx itself, which will go into service in its FedEx Freight department.

The FedEx order is dwarfed by rival UPS’s initial commitment: Big brown laid down reservations for 125 of the Tesla trucks late last year, shortly following the vehicle’s initial unveiling. FedEx Freight CEO Mike Ducker said in a statement that the company’s investment in this initial reservation is part of its overall efforts to reduce its impact on the environment, however, so it seems likely if this works out it could commit to more.

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