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Hertz Orders 100,000 Tesla Model 3 Vehicles; First Step Toward Electrifying Fleet

Kimberly Redmond | |

Hertz Global Holdings Inc (HTZZ) has placed an order for 100,000 Tesla Inc (TSLA) electric cars, the first step in the rental car company’s plan to electrify its fleet of a half million cars.

Starting in early November, the Florida-based company will offer Tesla Model 3 compact cars for rent at its airport and neighborhood locations in major US markets and certain European cities, Hertz announced Monday.

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