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HERTZ WILL HAVE TO WAIT FOR TESLAS, JUST LIKE OTHER BUYERS


COMPANIES IN TALKS OVER TIMING OF DELIVERIES FOR 100,000 TESLA ORDER

Elon Musk Welcomes Visitors to Tesla’s First Gigafactory in Europe
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Tesla CEO Elon Musk in mid-October turned his first European Gigafactory near
Berlin into a fairground where visitors could tour the facility. The project
faced some delays and local resistance but Musk said the company expects to
start production in November. Photo: Patrick Pleul/Associated Press
By
Emily Glazer
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EMILY GLAZER

 * Biography
 * @emilyglazer
 * Emily.Glazer@wsj.com

and
Nora Naughton
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NORA NAUGHTON

 * Biography
 * @NoraNaughton
 * nora.naughton@wsj.com

Updated Nov. 4, 2021 9:23 am ET

Print

Text



Tesla Inc. and Hertz Global Holdings Inc. are negotiating over how quickly Hertz
will receive deliveries from a bulk order of 100,000 Tesla electric cars for its
rental fleet, according to people familiar with the matter.

Hertz on Oct. 25 said it had placed “an initial order of 100,000 Teslas by the
end of 2022.” The press release included no statement from Tesla and Tesla Chief
Executive Elon Musk on Monday raised doubt about the deal when he tweeted that
no contract had been signed yet.

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