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 large order would be a challenge.
Hertz responded by saying it has already received and is renting Tesla vehicles.
Hertz is prominently promoting the all-electric Tesla Model 3 on the homepage of its website.
“Ditch the gas pump when you go electric,” the site says. “Experience instant torque on the open road or cruise the downtown strip in style with a sleek, zero-emissions sedan. This spacious 5-seater is perfect for when you need to recharge.”
The Wall Street Journal reported that the two companies are currently trying to come to an agreement on how soon Hertz can overhaul its fleet with electric vehicles.
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