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. read more
News of the massive deal had triggered a meteoric rally in Tesla's stock, helping it surpass $1 trillion in market value. However, Tesla boss Elon Musk later said the company had not signed a contract with Hertz. read more
Model Y was added to Hertz's fleet this week, news website Electrek reported on Wednesday. (https://bit.ly/3ty9tU8)
Register now for FREE unlimited access to Reuters.com
Our Standards: The Thomson Reuters Trust Principles.