Hertz agrees to rent 50,000 Tesla cars to US Uber drivers

Uber said Wednesday that it is initiating a partnership with the car rental company Hertz to offer 50,000 vehicles Tesla as a lease option for your drivers starting in 2023.

Drivers Uber they can rent a Tesla through Hertz starting Nov. 1 in Los Angeles, San Francisco, San Diego and Washington DC, and the program later this year will expand to cities across the country, the transportation company said.

The announcement comes after Hertz announced Monday that it will order 100,000 Tesla vehicles by the end of 2022, meaning that half of the rental company’s Tesla fleet would be reserved exclusively for drivers from Uber.

The news of the order to Tesla caused its share price to spike and the electric vehicle company’s market value surpassed $ 1 trillion on Monday.

The actions of Tesla rose 3%, while those of Uber they were down 1.4 percent. Hertz shares were up 2 percent.

For drivers of Uber, the lease of a Tesla It will start at $ 334 a week, including insurance and maintenance, and will consist primarily of the company’s Model 3 sedan. Uber said the cost of the rental would be lowered to $ 299 per week or less as the program expands next year.

Wednesday’s agreement represents the most significant step in Uber so far to expand the use of electric vehicles on its platform. The company has committed to operating only electric vehicles in the United States, Canada and Europe by 2030, and worldwide by 2040.



Reference-www.eleconomista.com.mx

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