Home Business The biggest order in history!Rumor has it that Hertz orders 100,000 Teslas before bankruptcy | Anue Juheng-US Stocks

The biggest order in history!Rumor has it that Hertz orders 100,000 Teslas before bankruptcy | Anue Juheng-US Stocks

by news dir

Bloomberg on Monday (25th) quoted people familiar with the matter as reporting that as early as 4 months before filing for bankruptcy, the American car rental company Hertz Global Holdings (HTZ-US) had placed an order for 100,000 Tesla electric vehicles, a record high. Pull the largest order ever.

Motivated by the news, after reaching a record high last Friday (22nd), Tesla (TSLA-US) rose more than 4% before the market on Monday, and its stock price was close to the $950 barrier. It is expected to write a new high after the market opens.

People familiar with the matter said that the largest order in history is about 4.2 billion US dollars. Although car rental companies often ask car dealers to give preferential prices, the price paid by Hertz seems to be close to the retail price based on the total order price.

The person familiar with the matter also said that these electric vehicles will be delivered in the next 14 months, which means that Tesla Model 3 can be rented at Hertz stores across the United States and parts of Europe as soon as early November next year. Consumers can use Tes Pulling the network of charging stations built in various places for charging, Hertz also plans to build its own charging infrastructure.

Due to the COVID-19 pandemic, the demand for car rentals has fallen sharply, resulting in the company’s inability to repay its debts on schedule. Hertz petitioned the court for bankruptcy protection in May last year. After officially emerging from bankruptcy in July this year, Knighthead Capital Management and Certares Management acquired a majority stake in Hertz for approximately US$2.8 billion.

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