Tesla shares collapsed by seven percent at preliminary trading, this is evidenced by the NASDAQ exchange data. This happened after the company’s founder Ilon Mask reported that Tesla had not yet concluded a major contract with the HERTZ car rental service to buy 100 thousand electric vehicles.
According to the mask, the deal with Hertz does not affect the company’s economy. “I would like to emphasize that the contract has not yet been signed. The demand for Tesla is much larger than production, so we will sell HERTZ cars only with the same margin as ordinary consumers,” he wrote his Twitter .
Hertz reported on the order for 100,000 TESLA electric vehicles at the end of October. Buying the company would cost about $ 4.2 billion dollars. At these news, TESLA capitalization exceeded a trillion dollars, and Mask became the world’s first person with a state of 300 billion dollars.