Hertz makes huge order for Tesla EVs
Just out of bankruptcy, Hertz Global Holdings is pinning its future on a green mobility revolution.
It just made a huge order for 100,000 Teslas.
That gave Tesla Inc.’s shares a big boost, pushing the carmaker’s value past $1 trillion for the first time.
The cars will be delivered by the end of next year.
It’s the single-largest purchase ever for electric vehicles, worth a possible $4.2 billion.
Tesla’s Model 3 sedans will be available at Hertz locations in major US markets and then in parts of Europe beginning in early November, Hertz said.
Hertz also plans to build its own charging stations.
“How do we democratize access to electric vehicles? That’s a very important part of our strategy,” Mark Fields, interim CEO said.
“Tesla is the only manufacturer that can produce EVs at scale.”
Hertz hopes to electrify most of its fleet of cars and trucks over time.
“We want to work with every manufacturer to help them launch EVs and drive this secular shift to electrification,” Fields added.
Hertz has tapped American football star Tom Brady to promote the Tesla order and showcase electric vehicle rentals.
When it receives the entire order, about 20% of Hertz’ entire global fleet will be EVs.
Learn more about : Hertz, Dollar, and Thrift Rent a Car ( United Kingdom ) Hertz, Dollar, and Thrift Rent a Car ( Asia Pecific )
TravelMole Editorial Team
Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.
Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know
Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham
Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago
Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research
Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact
Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference
Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role
Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal
Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination
Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness
Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future
Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
ADS PRO 
France prepares for a massive strike across all transports on September 18
Turkish tourism stalls due to soaring prices for accommodation and food
CCS Insight: eSIMs ready to take the travel world by storm
Germany new European Entry/Exit System limited to a single airport on October 12, 2025
Airlines suspend Madagascar services following unrest and army revolt