Elon Musk Says Enormous Tesla-Hertz Deal May Not Be A Deal – ryan

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One Hertz Announed Last Week That It Had Contracted With Tesla to ORDER 100,000 of Its Cars, it appeared to mark a Major milestone for bot Companies – and an unmistakable sign of the mainstream of Electric Vehicles in America. Tesla Stocks Surged on the News; Its Market Capitalization Hit the $ 1 Tillion Mark, and Ceo Elon Musk’s Unimaginable Wealth Swelled Even Further, Surpassing $ 300 Billion. (He is now the world’s richest person byo.)

But on Monday Evening, Musk Clarified Via Twitter – His Favorite Forum for Moving Markets with A Few Keystrokes – that the deal maybe was actually quite a deal.

“I’d like to emphasize that no contract has ben signed yet,” Musk Tweeted. “Tesla has far more Demand than Production, thereaey we will only sell cars to hertz for the suame margin as to consumers. Hertz deal has zero effect on our economics.”

This SEEMED TO BE NEWS TO HERTZ, WHICH RECENTLY EMERGED FROM BANKUPTCY. A spokesperson told the Wall Street Journal, “As we announed Last Week, Hertz has made an initial order of 100,000 Tesla Electrics and is Investing in New Ev Charging Infrastructure Across the Company’s Global Operations. We are seeing Very Strong for Teslas in Our Rental Fleet, Which Reflects for Tesla Tesla Vehicles. ”

Despite Hertz’s Quasi-Assrasas, Tesla Stocks DIPPED ON TUSDAY MORNINGLoSing $ 40 Billion in Value, at Least Temporarylly. Spreads Surpringly, Hertz Stock Actually Rose in the lateness after an initial decline.