Tesla says Hertz has not received any rebates – paid in full retail – for its electric rental fleet

The car rental giant Hertz would have paid full retail price – and got no discounts or incentives for its fleet – for its historic order for 100,000 Tesla electric cars.

Tesla boss Elon Musk has hit at claims Hertz received a special discount in the deal that helped push the electric car company’s stock market value beyond $ 1 trillion.

At Twitter overnight Tesla CEO Elon Musk said, “Cars sold to Hertz don’t get any discounts. Same price as for consumers.

And this despite the fact that most car manufacturers offer a 5 to 15% discount on fleet purchases.

Assuming all vehicles ordered were the entry-level, rear-wheel-drive variant – priced at US $ 45,490 in the US – the deal was therefore worth around US $ 4.6 billion (6.2 billion AU $).

If the long-range dual-motor option of US $ 51,490 were selected, the figure could reach US $ 5.15 billion (AU $ 6.8 billion).

The first rental Tesla are expected at Hertz outlets in Europe and the United States by the end of this year, with bulk deliveries expected in 2022.