Hertz adds Tesla’s Model Y to its EV fleet

(Reuters) – Hertz International Holdings Inc has added Tesla Inc’s electrical mid-size SUV Mannequin Y to its electrical automobile fleet, in response to the automotive rental agency’s web site.

The event comes months after Hertz introduced its order to buy 100,000 electrical vehicles from Tesla, primarily the EV maker’s Mannequin 3 automobiles.

Information of the huge deal had triggered a meteoric rally in Tesla’s inventory, serving to it surpass $1 trillion in market worth. Nevertheless, Tesla boss Elon Musk later stated the corporate had not signed a contract with Hertz.

Mannequin Y was added to Hertz’s fleet this week, information web site Electrek reported on Wednesday.

Final month, Florida-based Hertz named former Goldman Sachs finance chief Stephen Scherr as its high boss, changing interim CEO Mark Fields.

(Reporting by Aishwarya Nair in Bengaluru; Modifying by Devika Syamnath)