Elon Musk Says Tesla Has Not Signed a Contract With Hertz but

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Tesla CEO Elon Musk stated the electrical car firm has not signed a contract with Hertz but.
The automobile rental agency stated final week it is shopping for 100,000 Tesla automobiles.
Information of the order despatched Tesla’s shares hovering and made Musk the primary particular person to be value greater than $300 billion.

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Tesla CEO Elon Musk tweeted on Monday night time that the electrical car firm has not signed a contact with Hertz but — every week after the automobile rental firm introduced an order for 100,000 Teslas.Information of the order had despatched Tesla inventory hovering and made Musk the primary particular person ever to be value $300 billion. He’s now 3 times richer than Warren Buffet.Musk was replying to a tweet from the “Tesla Silicon Valley Membership” account which confirmed a chart of rising Tesla share costs. “Thanks @elonmusk” the tweet added.In response, Musk stated he wish to “emphasize that no contract has been signed but.”

“Tesla has much more demand than manufacturing, due to this fact we’ll solely promote automobiles to Hertz for a similar margin as to customers,” Musk added. “Hertz deal has zero impact on our economics.”—Elon Musk (@elonmusk) November 2, 2021 Musk stated final week Tesla did not give Hertz a reduction on its order.Hertz and Tesla didn’t instantly reply to Insider’s request for remark.

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