When Elon Musk unveiled the new Tesla Semi last week, a lot of buzzwords were thrown around. The CEO boasted that his company’s truck had a 500-mile range, self-driving capabilities and would save over $200,000 in fuel costs alone over its lifespan.

What wasn’t shared with those in attendance was the price of Tesla’s new trucks, but that has changed: the regular 300-mile and 500-mile trucks will cost $150,000 and $180,000 each, while a “Founders Series” version of the Semi will cost $200,000.

Tesla has said these are “expected” prices, meaning they are still subject to change but they give a good idea as to what companies can expect when ordering the Tesla Semi.

Competitors’ semis are priced around $120,000 but when considering the $200,000 in fuel savings and the fact that diesel powered trucks generally have high maintenance costs, Tesla’s Semi seems to be very competitively priced.

JB Hunt, NFI Industries, and Bison Transport have all placed orders with Tesla already, while they are joined by retailers like Walmart, Loblaw, and Meijer.

The first set of Tesla Semis is set for production in 2019.

Next, read about how Elon Musk wants to make the new Tesla Roadster fly.

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