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>https://www.theverge.com/2021/10/25/22744504/hertz-tesla-order-100000-vehicles-electrify-fleet https://www.theverge.com/2021/10/25/22744504/hertz-tesla-ord...
by moralestapia 5y ago
>https://www.theverge.com/2021/10/25/22744504/hertz-tesla-order-100000-vehicles-electrify-fleet https://www.theverge.com/2021/10/25/22744504/hertz-tesla-ord...
>the source you linked says the 1.65B is from coronavirus relief. It doesn't preclude them from raising more through other channels, eg debt/equity.
Sure, but I doubt they raised more than 4bn. Even if they did, don't you think is a bit fishy to suddenly spend your whole lifeline in (not a few, but) a hundred thousand electric cars?
- Dylan16807 5y agoThey don't need 4bn, and it's very normal for them to enter some big long-term contracts for more cars, and the upfront and first-year spending for this won't get anywhere near 1.65bn. So no, not fishy.