Hertz's Tesla Deal

Hertz has made headlines by announcing a purchase of 100,000 Tesla EVs, marking a significant shift in their fleet strategy post-bankruptcy. This deal not only boosts Hertz's offerings but also grants renters access to Tesla's supercharger network, potentially creating tension between rental customers and Tesla owners at charging stations. The financial implications are substantial, with the deal estimated to generate around $4.2 billion in revenue for Hertz.