Hertz Orders 100,000 Tesla Model 3 Electric Vehicles
October 26th, 2021Via: CBS:
Car rental company Hertz has ordered 100,000 electric vehicles from Tesla in a move that some analysts say further validates a growing electric vehicle movement in the U.S.
Hertz said Monday that it’s buying the Tesla Model 3 cars by the end of 2022, and it also will create its own electric vehicle-charging network. Hertz didn’t disclose how much it paid for the order, but analysts at Wedbush Securities estimated the deal at $4.2 billion. The base price for a Model 3 is about $40,000.
