"Tripling our reservation of Tesla Semi trucks is part of our ongoing effort to innovate the business and prioritize sustainability," said John Bayliss, Senior Vice-president, Logistics and Supply Chain, Walmart Canada.

Benzinga's Take: This is great news for Tesla and Walmart. Support from a large company gives Tesla attention to other potential customers, who may follow in Walmart's steps. The Tesla Semi is also expected to cost significantly less over its lifetime than a traditional diesel semi.

The Tesla Semi is expected to have a range of 500 miles at highway speed with a full load.

Photo courtesy of Tesla