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DHL executive eyes potential savings from Tesla's electric trucks

Tesla Semi
Elon Musk steps out of the new 'Semi' electric truck during the unveiling for buyers and journalists last year. Photo by Veronique Dupont / AFP / Getty Images.

A shift from diesel to Tesla's electric Semi trucks could result in massive savings on maintenance and fuel, DHL executive Jim Monkmeyer told Reuters.

Why it matters: Tesla estimates the new line of trucks, set to be manufactured in 2019, will run at an operating cost of $1.26 per mile, compared to an industry-standard of $1.51 for diesel. DHL has only ordered 10 trucks as a test run, but Monkmeyer said early energy and maintenance figures indicate the company could pay off the difference between a Semi and a traditional diesel truck in just 18 months.