New York Post
Tesla CEO Elon Musk insisted no formal contract has been signed with Hertz, after the car rental company announced a deal to buy 100,000 electric vehicles in an overhaul of its fleet.
The deal, announced Oct. 25, sent Tesla stock soaring to an all-time high and pushed its valuation above $1 trillion for the first time.
However, responding to a tweet about the blockbuster rally, Musk said Monday evening, “If any of this is based on Hertz, I’d like to emphasize that no contract has been signed yet.”