Hertz adds Tesla Model Y electric SUV in global rental vehicles fleet
Hertz adds Tesla’s electric mid-size SUV Model Y to its electric vehicle fleet which led to a meteoric rally in Tesla’s stock, helping it surpass $1 trillion in market value.
- Tesla’s Model Y was added to Hertz`s fleet this week
- Hertz announced its order to purchase 100,000 electric cars from Tesla months ago
- However, Tesla CEO Elon Musk later said the company had not signed a contract with Hertz
Trending Photos
![Hertz adds Tesla Model Y electric SUV in global rental vehicles fleet Hertz adds Tesla Model Y electric SUV in global rental vehicles fleet](https://english.cdn.zeenews.com/sites/default/files/styles/zm_700x400/public/2022/03/24/1025243-bchjs.jpg?im=Resize=(400))
Tesla’s Model Y was added to Hertz’s fleet this week, according to the car rental firm’s website. Hertz Global Holdings Inc. has added Tesla Inc’s electric mid-size SUV Model Y to its electric vehicle fleet.
The development comes months after Hertz announced its order to purchase 100,000 electric cars from Tesla, primarily the EV maker’s Model 3 vehicles.
News of the massive deal had triggered a meteoric rally in Tesla’s stock, helping it surpass $1 trillion in market value. However, Tesla CEO Elon Musk later said the company had not signed a contract with Hertz.
Also read: Viral: Watch Elon Musk dance with joy as Tesla rolls out 1st EV from German Gigafactory
Last month, Florida-based Hertz named former Goldman Sachs finance chief Stephen Scherr as its top boss, replacing interim CEO Mark Fields.
Tesla handed over the first batch of Model Y cars made at its 5 billion euro ($5.5 billion) Gruenheide plant to clients on March 23. The EV carmaker launched its first European production hub with the biggest investment in a German car factory in recent history.
(With inputs from Reuters)
Live Tv