Report: Tesla, Hertz Negotiating Timeline of Massive Model 3 Order

Tesla’s whale of a deal with Hertz for 100,000 electric vehicles is still being negotiated, according to a report from the Wall Street Journal. When Hertz announced the order, Tesla stock spiked. Tesla Chief Executive Elon Musk took Twitter to say that the two companies had no contract in place and that fulfilling such a… Continue reading Report: Tesla, Hertz Negotiating Timeline of Massive Model 3 Order

Hertz Places $4.2 Billion Order with Tesla

Rental car company Hertz has ordered 100,000 units of Tesla’s Model 3. The full price for the order was about $4.2 billion. Chief Executive Elon Musk was sure to note that Hertz paid full price for the vehicles. “To be clear, cars sold to Hertz have no discount,” he said on Twitter. “Same price as… Continue reading Hertz Places $4.2 Billion Order with Tesla