Sales to rental-car fleets have at times been viewed as a liability for auto makers. Elon Musk is defying that stigma, with Tesla Inc.’s deal to supply cars to Hertz Global Holdings Inc.
signaling electric vehicles are ready for the masses.100,000 vehicles to be delivered by the end of next year. That share-price surge helped Tesla become the latest U.S. company to cross $1 trillion in market value.
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But the masses can't afford them.
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Customers can soon rent a Tesla at Hertz after company orders 100,000 electric vehiclesRental car giant Hertz announced it was buying 100,000 Tesla electric vehicles that will be available to customers starting next month.
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Tesla Eclipses $1 Trillion In Market Value After Hertz Places Biggest Electric Vehicle Order EverTesla's stock surge has made the car company more valuable than social media giant Facebook. Isn't Hertz in bankruptcy? wow LOL. Elon must resort to fleet sales because business ain't that great as anticipated. The only thing really selling is the model Y.
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