[bsa_pro_ad_space id=14]
Tesla boss Elon Musk has hit out at claims Hertz received a substantial discount to buy 100,000 electric cars.
Car rental giant Hertz reportedly paid full retail prices – and did not get any fleet discount or incentives – for its landmark order of 100,000 Tesla electric cars.
Tesla boss Elon Musk has hit out at claims Hertz received special discount in the deal which helped drive the electric-car company’s stock market value beyond $US1 trillion.
On Twitter overnight Tesla’s CEO, Elon Musk, said: “Cars sold to Hertz have no discount. Same price as to consumers.”
This is despite most car manufacturers offering a 5 to 15 per cent discount on fleet purchases.
Assuming all vehicles ordered are the entry-level rear-wheel drive variant – which is priced from $US45,490 in the United States – the deal was therefore worth an estimated $US4.6 billion ($AU6.2 billion).
If the $US51,490 dual-motor long-range option was selected, the figure could be as high as $US5.15 billion ($AU6.8 billion).
The first rental Tesla’s are slated at Hertz retail outlets in Europe and the USA by the end of this year, with bulk deliveries expected in 2022.
He has maintained a primary focus on industry trends, autonomous technology, electric vehicle regulations, and local environmental policy.
As the newest addition to the Drive team, William was brought onboard for his attention to detail, writing skills, and strong work ethic.
Despite writing for a diverse range of outlets – including the Australian Financial Review, Robb Report, and Property Observer – since completing his media degree at Macquarie University, William has always had a passion for cars.
Read more about William Davis
[bsa_pro_ad_space id=15]