Monday, October 3, 2022
News Hertz to Add the Tesla Model Y to its Rental Fleet

Hertz to Add the Tesla Model Y to its Rental Fleet

Hertz will add a significant number of the Tesla Model Y to its fleet of rental vehicles in the United States.

  • The company will reportedly buy a few thousands of the electric SUV

  • This is likely in addition to the 100,000 Model 3 it has already ordered

  • The rental company apparently doesn’t have a special relation with Tesla and bought all of the cars at full retail price

Rental car company Hertz will apparently add the Tesla Model Y to its growing fleet of electrified vehicles that is offered to drivers in the United States.

This has yet to be confirmed by the company, but their website now features a page dedicated to the Model Y, just like it does with the Model 3.

This comes after Hertz announced back in October that it would order 100,000 units of the Tesla Model 3 in order to make its fleet more focused on zero-emissions vehicles.

The addition of what is said to be a few thousands Model Y SUVs to Hertz’s fleet will surely have an impact on Tesla’s market value, since the October announcement about the Model 3 helped push the EV maker over the trillion-dollar value mark, a first for any auto manufacturer ever.

The specifications displayed on the company’s website seem to indicate the model which will be ordered is the Long-Range AWD version, since it states the vehicle will feature all-wheel drive, seats for 7 passengers and a maximum range of 330 miles (531 kilometers).

In related news, Hertz partnered with Uber in order to make 50,000 of its Tesla vehicles available to drivers of the ride-hailing platform.

Despite Tesla clearly being Hertz’s favorite EV maker, the two companies apparently don’t have a contract and the rental company didn’t benefit from a bulk-purchase rebate, paying full retail price for every one of the 100,000 units of the Model 3 it ordered.

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