Elon Musk recently announced that electric car company Tesla has signed a major deal with Hertz. So much so that this deal left its mark on last week. After this announcement, Tesla reached a market value of $ 1 trillion with a great rise. Musk made an interesting tweet about the deal, which caused his fortune to increase by $ 36 billion in one day.
Elon Musk’s tweet confused
A twitter user named Tesla Silicon Valley Club thanked Elon Musk in a tweet with Tesla’s rising stock chart. The famous businessman could not remain indifferent to this tweet and replied.
You’re welcome! If any of these are based on Hertz, I’d like to stress that no contract has yet been signed. Tesla has a lot more demand than production, so we will only sell cars to Hertz at the same margin as consumers. The Hertz deal has zero impact on our economy.
Tesla CEO surprised many of his followers with this statement. While the idea that there was a deal was reflected positively on the markets, both Tesla and Elon Musk doubled their values. It broke the record for the highest single-day earnings ever, according to the Bloomberg Billionaires Index. So much so that, according to the Forbes list, Musk reached the position of the richest person in the history of the magazine with a big leap. However, with the statement made by Hertz earlier, it was signaled that there was no agreement yet.
Car rental company Hertz was on the verge of bankruptcy some time ago. The company filed for bankruptcy protection in May 2020. He prepared a $4.2 billion investment plan to get out of bankruptcy 4 months ago. In line with these plans, he announced that Tesla is going to cooperate with its electric vehicles. The aforementioned union was announced with the phrase “100,000 Tesla orders by the end of 2022”. As a result, no definite statement was made about the agreement being reached.
Hertz has not yet made a statement on the subject. The most important issue of curiosity was the form of the statement regarding an event that concerns the markets so much. It is a matter of curiosity why Elon Musk made such an announcement by replying to an anonymous Twitter user.
Why do you think Elon Musk tweeted like this? Was this planned or could the deal be broken? Please share your thoughts with us in the comments section.
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