Tesla, Hertz reportedly have a disagreement over delivery of 100K cars

Tesla and Hertz reportedly have a disagreement over how fast Tesla can deliver 100,000 electric cars

Electrek.co by Fred Lambert November 4, 2021

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[{"selector":"#anim-2384ff14-5fb1-49dc-9806-5b7c931b12a6","keyframes":{"opacity":[0,1]},"delay":500,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Last week, Hertz announced that they ordered 100,000 Tesla vehicles , then partnered with Uber to provide 50,000 of them to their drivers with an option for 100,000 more.

[{"selector":"#anim-67cb3941-77e5-44f1-a76e-5dee5c8c88eb","keyframes":{"opacity":[0,1]},"delay":500,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] It sent Tesla’s stock surging significantly until CEO Elon Musk put on the brakes by commenting that they haven’t “signed” a contract with Hertz.

[{"selector":"#anim-14b810bd-96be-4ea4-b79c-83ad990754c7","keyframes":{"opacity":[0,1]},"delay":500,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] The comment brought confusion since the original announcement from Hertz clearly stated that the order has been placed.

[{"selector":"#anim-81ba5682-2417-4dc0-b2c9-9aa0c382b0f5","keyframes":{"opacity":[0,1]},"delay":500,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] According to a new report from the Wall Street Journal , the ongoing disagreement between Hertz and Tesla is regarding the delivery timeline.

[{"selector":"#anim-d0fa5c87-fd75-4bb4-a48e-e2af6adb12c9","keyframes":{"opacity":[0,1]},"delay":500,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] “The two companies are hammering out details of a deal that would specify the timing of deliveries, the people said. Tesla is still expected to supply the 100,000 vehicles at the list price to Hertz, with timing of the deliveries being the key issue, the people said.”

[{"selector":"#anim-b7821930-173f-4eba-923b-871a8ae1c3aa","keyframes":{"opacity":[0,1]},"delay":500,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] Read more about this story and get Electrek's take at Electrek.co.