CPCat
2021-10-25
Wow... big win for TSLA
Hertz Orders 100,000 Teslas in Car-Rental Market Shake-Up
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While car-rental companies typically demand big discounts from automakers, the size of the order implies that Hertz is paying close to list prices.</p>\n<p>The cars will be delivered over the next 14 months, and Tesla’s Model 3 sedans will be available to rent at Hertz locations in major U.S. markets and parts of Europe starting in early November, the people said. Customers will have access to Tesla’s network of superchargers, and Hertz is also building its own charging infrastructure, they said.</p>\n<p>The electrification plan, which eventually will encompass almost all of Hertz’s half-million cars and trucks worldwide, is the company’s first big initiative since emerging from bankruptcy in June. 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