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DesmondChin
2021-11-03

Because its buying from dealers instead of buying in bulk; as musk mentioned there won't be any discount so why bother signing a contract?

Hertz Says It’s Already Receiving Teslas; Doesn’t Address Musk Tweet

Hertz Global Holdings Inc. said it’s already receiving cars under its plan to add 100,000 Tesla elec

Hertz Says It’s Already Receiving Teslas; Doesn’t Address Musk Tweet

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The plan has pushed up the Estero, Florida-based rental company’s market valuation to about $16.1 billion -- just four months out of bankruptcy.</p>\n<p>In his Monday night tweet, Musk said that because Tesla has demand for more vehicles than it can produce, the deal with Hertz “has zero effect on our economics.” Teslasharesslumped as much as 6.9% before the start of regular trading Tuesday, after soaring 56% during the past month to give the EV-maker a market valuation above $1 trillion.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hertz Says It’s Already Receiving Teslas; Doesn’t Address Musk Tweet</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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Hertz Says It’s Already Receiving Teslas; Doesn’t Address Musk Tweet

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