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Tesla on the companys new agreement with car rental giant Hertz. A few months out of bankruptcy said its going to order 100,000. Tesla model threes. Those purchases total value of about $4.2 billion. In October 2021, Hertz publicly announced it intended to buy 100,000 Tesla vehicles. Shares of both companies soared. Check out shares of Tesla soaring to all time highs today, launching the company into the trillion dollar club for the first time. First mover advantage aside, it would help Hertz distinguish itself in an industry plagued by commoditization, where the color of a brands signage seems to be the only differentiator. If you or I went to the airport and we went to the green counter, the red counter, the yellow counter, were still going to get the same white Toyota Camry, but. Only a couple of years in. While the rental company is posting strong finances, its EV strategy is facing some serious challenges pricing troubles, skyrocketing repair costs, and low resale values. Ther