Tesla San Francisco – Sfeva http://sfeva.org/ Sun, 31 Jul 2022 19:26:44 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://sfeva.org/wp-content/uploads/2021/05/sfeva-icon-150x150.png Tesla San Francisco – Sfeva http://sfeva.org/ 32 32 Lamborghini Executive joins Apple for a secret car project https://sfeva.org/lamborghini-executive-joins-apple-for-a-secret-car-project/ Sun, 31 Jul 2022 19:26:44 +0000 https://sfeva.org/lamborghini-executive-joins-apple-for-a-secret-car-project/

Apple has reportedly hired a former Lamborghini veteran with two decades of experience at the Italian supercar maker.

Luigi Taraborrelli left his position as head of research and development for chassis and vehicle dynamics in May this year, according to his LinkedIn profile. He had held various positions at Lamborghini since the start of 2008.

According to sources speaking to Bloomberg, Taraborrelli is moving to Apple to work on the tech giant’s self-driving vehicle project, known as Project Titan.

The iPhone maker has been rumored to be developing its own vehicle for almost a decade now, with chief executive Tim Cook first greenlighting the project in 2014. Since then, the division has had its ups and downs, grew and shrank, and would have changed. direction multiple times – and all without an actual vehicle ever being seen, or the company publicly acknowledging its vehicle ambitions.

According to Taraborrelli’s LinkedIn profile, the chassis engineer has worked on various Lamborghini models, including the Urus SUV and the Huracan and Aventador supercars. His work included handling, suspension, steering, brake and wheel development. Taraborrelli’s profile indicates that he is currently based in the San Francisco Bay Area.

Apple is believed to have hired hundreds of top automotive engineers over the years, but what it ultimately planned for Project Titan remains a mystery. It was originally thought that Apple wanted to take on Tesla with its own electric car, before moving on to developing software that other manufacturers could use.

More recently, the focus has returned to building a full-fledged vehicle, with a potential launch date of 2025. As well as a car, Project Titan would previously have focused on a van, as well as autonomous vehicles for use in Apple. Cupertino campus. The company has yet to speak publicly about Project Titan, although its work is recognized and commented on by executives from other automakers, including Tesla boss Elon Musk.

Apple has already hired engineers from EV startup Rivian and Alphabet’s self-driving vehicle division Waymo, as well as traditional automakers like Volvo, Porsche, Mercedes, Aston Martin and McLaren. Separate rumors also claimed that Apple was at some point interested in acquiring McLaren, the British supercar company.

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Elon Musk’s Twitter takeover trial set for October 17 in Delaware court https://sfeva.org/elon-musks-twitter-takeover-trial-set-for-october-17-in-delaware-court/ Fri, 29 Jul 2022 18:21:00 +0000 https://sfeva.org/elon-musks-twitter-takeover-trial-set-for-october-17-in-delaware-court/

Comment

SAN FRANCISCO — The trial over Elon Musk’s Twitter takeover bid will begin Oct. 17 in Delaware Chancery Court, a judge ruled Thursday night, putting the world’s richest man on a collision course with the social media giant.

Twitter had been pushing for an expedited deadline on the matter to avoid damages to the company, an order that was granted earlier this month.

Chancellor Kathaleen McCormick approved a trial schedule for the week of mid-October, according to court documents, along with a Friday deadline for Musk’s team to respond to Twitter’s complaint.

Judge grants Elon Musk October court date in first victory for Twitter

Twitter sued Musk earlier in July, alleging the Tesla and SpaceX CEO broke his agreement to buy the social media site for $44 billion, in a lawsuit that accused Musk of breaking the rules and “d ‘hypocrisy’.

Musk agreed to buy Twitter for $54.20 a share in April, positioning himself as a champion of free speech and pledging to dissociate the site from aggressive moderation tactics he decried as inherently Politics. He also pledged a significant portion of his own wealth to support the deal.

Musk says Twitter offer is pending

Musk also took objective on spambots or fictitious or automated accounts, which he pledged to defeat “or die trying” if his bid was successful.

But his opinion of the deal soured weeks later, as Musk tweeted that the deal was “on hold” pending an assessment of the percentage of fake accounts on the site. The turnaround coincided with investor concerns and economic pressure that weighed heavily on Tesla stock, which is tied to much of Musk’s net worth.

This sparked a public battle as Twitter sought to provide evidence for its estimate that spam and bot accounts made up less than 5% of accounts on the site.

Elon Musk asks to withdraw from the agreement on Twitter

Musk announced on July 8 that he was pulling out of the deal. Twitter filed suit a few days later, sending the case to court in Delaware.

The trial is scheduled to take place over five days and end on October 21.

]]> Twitter sets September shareholder vote on Elon Musk takeover https://sfeva.org/twitter-sets-september-shareholder-vote-on-elon-musk-takeover/ Tue, 26 Jul 2022 21:21:50 +0000 https://sfeva.org/twitter-sets-september-shareholder-vote-on-elon-musk-takeover/

DOVER, Delaware — Twitter has set September 13 as the date its shareholders will vote on the company’s impending takeover by Tesla CEO Elon Musk.

The company said in a regulatory filing Tuesday that it recommends shareholders vote to see the $44 billion deal complete.

The date is ahead of the yet-to-be-clarified start date of the October trial in the dispute between the billionaire, who is seeking to drop the deal, and the San Francisco company. Twitter sued Musk in Delaware after he said he wanted out of the deal.

“We are committed to completing the merger at the price and on the terms agreed with Mr. Musk. Your vote at the special meeting is critical to our ability to complete the merger,” Twitter said in a letter to its shareholders.

Earlier on Tuesday, Musk’s lawyers accused Twitter of slowing the production of pretrial documents to decide whether the Tesla CEO should be forced into the deal.

Musk’s attorneys also said in a court filing that attorneys for Twitter Inc. refused to consent to a proposed Oct. 17 trial date and insisted the trial begin Oct. 10, using uncertainty over a trial date to delay further planning discussions.

Musk’s lawyers say Twitter’s proposed case schedule was “an obvious attempt to rush the defendants” after a Delaware Chancery Court judge agreed last week to hold an expedited trial in in a lawsuit filed by Twitter.

“Given the tight deadline, the court’s guidance is needed to break the deadlock and allow things to move forward quickly,” attorney Edward Micheletti wrote, asking Chancellor Kathaleen St. Jude McCormick to grant the schedule proposed by Musk.

A Twitter spokesperson said the company had no comment on Tuesday’s court filing.

Musk agreed in April to buy Twitter and take it private, offering $54.20 a share and pledging to loosen the company’s control of content and weed out fake accounts. As part of the deal, Musk and Twitter had agreed to pay each other a $1 billion severance fee if either was responsible for the deal collapsing.

Twitter shares closed Tuesday at $39.34, well off their 52-week high of $71.92.

Musk, the world’s richest man, indicated earlier this month that he wanted out of the deal, prompting Twitter to file a lawsuit to hold him to what he describes as a “seller friendly” agreement.

Ahead of a trial in October, Micheletti told the judge on Tuesday that Twitter had refused to begin producing certain categories of material that are “obviously relevant” and “easily collected and produced.” He said Twitter’s lawyers instead asserted that several categories of documents are irrelevant, without identifying them.

Documents sought by Musk’s attorneys include Twitter board minutes and related documents, sales and advertising metrics, and manuals and policies regarding “monetizable daily active users or usage.” or mDAU. It’s a metric that Twitter uses to measure the number of people or organizations using its platform.

Musk said Twitter hasn’t given him enough information about the number of fake accounts on its service, but the company has estimated for several years that less than 5% of mDAUs are spam or fake accounts.

Musk’s attorneys also argue that Twitter refused to provide them with raw data it maintains in the normal course of business, which requires significant “machine time” and software development to process and analyze by expert witnesses. before the proposed Monday deadline.

Twitter said last month that it was making available to Musk a “fire hose” of raw data on hundreds of millions of daily tweets.

Musk’s lawyers are asking McCormick to approve an Oct. 17 trial date and order Twitter to immediately produce “background documents” and produce all raw data by Monday.

“Given the time until trial, every day counts,” Micheletti wrote.

Tuesday’s court filing suggests Musk plans to file his response to Twitter’s complaint later this week.

———

Ortutay reported from Oakland, Calif.

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Report, Auto News, ET Auto https://sfeva.org/report-auto-news-et-auto/ Sat, 23 Jul 2022 12:32:00 +0000 https://sfeva.org/report-auto-news-et-auto/

San Francisco: Tesla, the electric vehicle company owned by Elon Musk, is reportedly investigating executive Omead Afshar, the official responsible for overseeing the construction and production of Giga Texas, as part of an internal investigation.

The internal investigation centers on the executive’s role in a plan to purchase hard-to-obtain construction materials. These materials, according to the report, have been identified as suspect, citing Bloomberg, Teslarati reported.

Unidentified sources said Tesla had already fired some employees as part of the investigation. They also said Tesla plans to part ways with the executive most likely through a furlough.

The report notes that the investigation was led by Tesla’s acting chief legal officer, David Searle. The goal is to determine whether or not a special type of glass should be used by Musk for personal purposes.

Currently, global supply chain disruptions have made this specific glass difficult to secure. The article noted that Tesla’s reputation made it easier for them to obtain high-demand materials.

The report also states that Afshar requested the creation of the glass purchase order and said it was a secret project.

Meanwhile, Tesla recently laid off 229 annotation employees from its Autopilot team and closed one of its offices in the United States.

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Twitter flags shortfall, cites Musk takeover uncertainty https://sfeva.org/twitter-flags-shortfall-cites-musk-takeover-uncertainty/ Fri, 22 Jul 2022 14:30:00 +0000 https://sfeva.org/twitter-flags-shortfall-cites-musk-takeover-uncertainty/

WASHINGTON: Twitter reported disappointing results on Friday, a failure that the social network attributed to “headwinds” including uncertainty related to Elon Musk’s takeover bid.

The company is locked in a legal battle with Tesla’s mercurial boss over its efforts to pull out of its $44 billion deal to buy the platform, leaving the company in limbo.

Twitter missed expectations with revenue of $1.18 billion, due to “advertising industry headwinds…as well as uncertainty over Twitter’s impending acquisition by a subsidiary of Elon Musk,” the firm reported.

The news comes days after Twitter scored a victory in its fight against Musk, when a judge agreed to an expedited trial on whether to force the billionaire to complete the takeover.

Musk claims the platform misled the number of fake accounts on the platform, but the social media platform counters that he is simply trying to back out of the deal.

Musk’s lawyers had requested a date in February 2023, but the court in the eastern US state of Delaware closely followed the uncertainty-ridden platform’s desire for speed and set an October start.

Lose money

Billions of dollars are at stake, but so is the future of Twitter, which Musk says should allow all legal speech – an absolutist stance that has raised fears the network could be used to incite violence .

Twitter is left with anxious employees, wary advertisers and a paralyzed management as it limps along waiting to find out how the saga will end.

In early May, at an annual marketing event where companies negotiate major advertising deals, Twitter was “not able to provide advertisers with any clarity or confidence” that it would continue to be a safe storefront for them, said Angelo Carusone, president of watchdog group Media Matters. .

“They didn’t go far from what they normally sell at this event. And it’s obviously been slow ever since,” he previously told AFP.

The San Francisco-based social network can’t afford to lose customers.

Unlike big fish like Google and Facebook’s parent company Meta, which dominate online advertising and make billions in profits, Twitter lost hundreds of millions of dollars in 2020 and 2021.

The group will capture less than 1% of global advertising revenue in 2022, according to eMarketer, compared to 12.5% ​​for Facebook, 9% for Instagram and nearly 2% for booming TikTok.

On top of that, Twitter’s user base is expected to barely grow and may even shrink in the US, analysts noted. -AFP

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Twitter and Elon Musk will face off in court in October after Tesla boss loses bid to delay trial https://sfeva.org/twitter-and-elon-musk-will-face-off-in-court-in-october-after-tesla-boss-loses-bid-to-delay-trial/ Wed, 20 Jul 2022 07:19:20 +0000 https://sfeva.org/twitter-and-elon-musk-will-face-off-in-court-in-october-after-tesla-boss-loses-bid-to-delay-trial/

Elon Musk lost his fight to delay Twitter’s lawsuit against him as a judge called a trial in October on Tuesday, citing the ‘cloud of uncertainty’ over the social media company after the billionaire backed out of a deal to buy it.

Twitter wants the billionaire to keep his April promise to buy the social media giant for $44 billion (42 billion euros).

Musk, the world’s richest man, has pledged to pay $54.20 (€52.70) per share for Twitter, but now wants out of the deal.

“The continuing uncertainty is hurting Twitter every hour of every day,” William Savitt, a Twitter lawyer, said during the hearing, which took place remotely after judge Chancellor Kathaleen McCormick was tested positive on Monday for COVID-19.

The San Francisco-based company is seeking to resolve months of uncertainty for its business as Musk tries to back out of the deal over what he says are Twitter “spam” accounts he says are fundamental to his value.

Twitter wants an expedited trial in September because it said Musk was smearing Twitter and undermining operations by refusing to endorse business initiatives, such as an employee retention plan.

The company said adopting Musk’s “slow march” proposal for a 2023 trial leaves little time for further litigation over the financing of the deal if Musk is ordered to shut down. Funding for the deal expires in April.

Musk on Friday accused Twitter of seeking a “warp speed” lawsuit to “coerce” him into buying the company.

Since agreeing in April to buy Twitter, Musk has questioned whether the company misled regulators about fake accounts and bots and said he offered a lawsuit in February to give him enough time to investigate.

Twitter shares fell more than $50 (€48.79) per share when the deal was announced at $32.55 (€31.76) last week.

It was trading up around 2% on Tuesday morning and near the highest level since Musk announced he was stepping away.

Minor Myers, a professor at the UConn School of Law, said he expected McCormick to adopt a trial schedule close to Twitter’s proposal.

“The longer it drags, the more distracted Twitter gets,” he said. “There are more risks, more things that can go wrong.”

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Self-driving cruisers stopped and blocked in San Francisco • The Register https://sfeva.org/self-driving-cruisers-stopped-and-blocked-in-san-francisco-the-register/ Mon, 18 Jul 2022 16:00:00 +0000 https://sfeva.org/self-driving-cruisers-stopped-and-blocked-in-san-francisco-the-register/

In short Weeks after Cruise launched its self-driving, driverless taxis to the public in San Francisco, numerous vehicles mysteriously piled up and blocked several lanes of traffic entering downtown.

At least seven cars were spotted circling a location in the Civic Center area of ​​San Franscico overnight. Driverless vehicles had stopped for some reason, preventing nearby traffic from moving. It is not known why or how these cars apparently suffered a technical problem. Some of those questions were raised in an anonymous letter sent to the California Public Utilities Commission, which claimed Cruise was looking to launch his commercial robotaxi service too soon, The Wall Street Journal reported.

Head of Tesla’s leading AI Autopilot leaves

Andrej Karpathy, senior director of AI and computer vision expert helping Tesla develop self-driving cars, announced he was leaving after working at the company for five years.

There were rumors that Karpathy would not return after saying he was taking a four-month sabbatical earlier this year in March, according to Elektrek. Karpathy was hired to lead Tesla’s AI and self-driving efforts in 2017 and left his previous position as a research scientist at OpenAI.

Boss Elon Musk thanked him for his service via a message on Twitter. Karpathy leaves at a risky time for the company. Tesla’s share price fell amid deteriorating market conditions and the company closed one of its offices in San Mateo. It also faces intense scrutiny that could lead the National Highway Traffic Safety Administration to issue a recall for hundreds of thousands of its cars.

Karpathy said he wasn’t sure what he would do next, but would focus on “technical work in AI, open source and education.”

AI heading to the 2022 World Cup

AI-powered cameras will be deployed to help referees decide if football players are offside at the upcoming 2022 World Cup tournament to be held in Qatar from November.

The technology involves placing a sensor inside the soccer ball and a series of cameras under the roof of the stadiums. The sensor will monitor its position on the football field and the images from the cameras will be fed into machine learning algorithms capable of tracking players’ locations.

When the software detects that a player is out of play, an alert is sent to people in a nearby control room. The information will be transmitted to the referee, who will then decide whether to call the infraction or not.

Pierluigi Collina, chairman of FIFA’s referees committee, said the automated system will allow referees to make “faster and more accurate decisions”, and said humans, not robots, were always in charge , according to The Verge. Gianni Infantino, the current FIFA president, says the technology has been in development for three years and only takes seconds to signal offside.

AI research ethics review, yes or no?

Academic conferences are asking AI researchers to examine in technical papers how their research could potentially harm society, and not everyone is happy.

As AI and machine learning technology continues to advance in academia, it is inevitable that some of these techniques will eventually be deployed in real life. Applications often reveal that algorithms can be used for better and for worse. Improved computer vision algorithms, for example, are helping to develop self-driving cars, but are also being used for surveillance purposes.

AI-focused conferences like Neural Information Processing Systems and now the Computer Vision and Pattern Recognition conference are asking researchers to write paragraphs examining if and how their research might be harmful. But not everyone supports the move, Protocol reported. Some researchers believe this is beyond the scope of their work or could impact research freedom, while others have acknowledged that their work could be abused in certain use cases.

“We are still at a point in AI ethics where it is very difficult for us to properly assess and mitigate ethical issues without the partnership of people closely involved in the development of this technology,” said Alice Xiang, who heads Sony Group’s AI Ethics Office. and served as General Co-Chair of the ACM Conference on Fairness, Accountability and Transparency.

Clearview fined by Greek authorities

Controversial facial recognition startup Clearview has been fined 20 million euros for breaching privacy laws by the Greek Data Protection Authority (HDPA).

The company has been accused of breaking current EU GDPR rules by failing to obtain explicit consent to use individuals’ personal data when it scraped billions of photographs posted on the internet. These images were used to build Clearview’s database for its face-matching algorithms.

Given an image, the company’s software searches its database for potential image matches to reveal someone’s identity by linking to their social media profiles, for example.

The fine was the highest amount ever ordered by the HDPA, according to The Record. A spokesperson for Clearview claimed that it “does not undertake any activity which would otherwise mean that it is subject to the GDPR”. ®

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Musk asks for months for trial preparation in Twitter lawsuit https://sfeva.org/musk-asks-for-months-for-trial-preparation-in-twitter-lawsuit/ Sat, 16 Jul 2022 00:04:17 +0000 https://sfeva.org/musk-asks-for-months-for-trial-preparation-in-twitter-lawsuit/


Tesla CEO Elon Musk speaks before unveiling the Model Y at Tesla’s design studio in Hawthorne, Calif., March 14, 2019. On Friday, July 15, 2022, Musk hit back at Twitter’s lawsuit targeting to force it to complete its $44 billion acquisition of the platform, according to multiple reports.”/>
FILE – Tesla CEO Elon Musk speaks before unveiling the Model Y at Tesla’s design studio in Hawthorne, Calif., March 14, 2019. On Friday, July 15, 2022, Musk hit back at Twitter’s lawsuit targeting to force it to complete its $44 billion acquisition of the platform, according to multiple reports.Jae C. Hong/AP

SAN FRANCISCO (AP) — Tesla CEO Elon Musk hit back Friday at Twitter’s lawsuit seeking to force him to complete its $44 billion acquisition of the platform, according to multiple reports.

In a filing with the Delaware Court of Chancery, Musk’s attorneys accused Twitter of withholding information about fake accounts — a longtime concern for Musk — and creating delays, providing evasive answers and put in place technical barriers. The filing also disputed Twitter’s request for an expedited trial, saying it would take months to obtain information from Twitter and file numerous witnesses about the fake accounts.

In April, Musk pledged to pay $54.20 per share for Twitter, which agreed to those terms after overturning its initial opposition to the deal. But the two sides have been bracing for a legal battle since the billionaire said a week ago he was walking away from his deal to buy the company.

The filing repeated several other accusations Musk had made previously, including the claim that Twitter violated the acquisition agreement by firing two high-level executives without first telling Musk.

Twitter filed its suit in the Delaware Court of Chancery, which frequently hears business disputes between the many companies, including Twitter, incorporated there.

]]> Top executive leaves Tesla’s Autopilot https://sfeva.org/top-executive-leaves-teslas-autopilot/ Thu, 14 Jul 2022 00:27:00 +0000 https://sfeva.org/top-executive-leaves-teslas-autopilot/

A Tesla logo on a Model S is pictured inside a Tesla dealership in New York, U.S., April 29, 2016. REUTERS/Lucas Jackson//File Photo

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SAN FRANCISCO, July 13 (Reuters) – Andrej Karpathy, a Tesla executive who played a key role in developing artificial intelligence and driver assistance technology at the electric car maker, said on Wednesday that he left the company.

The departure of Karpathy, who has provided no reason to leave, comes at a critical time as Tesla Chief Executive Elon Musk races to achieve full self-driving capability this year, after repeatedly missing the previous goals.

Credit Suisse analyst Dan Levy wrote in an investor note that Karpathy’s departure “perhaps reflects the challenges of Tesla’s progress in FSD/robotaxi.

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“We continue to view Tesla’s efforts in AV/robotaxi as ‘show me'”

Tesla shares fell 1% in extended trade to $704.

The departure of Karpathy, whose title was senior director of AI, came after Tesla announced on Tuesday that it was closing its office in San Mateo, Calif., as part of the company’s team developing the technology driving assistant “Autopilot”, and laid off more than 200 people there. . Read more

Karpathy, who worked out of the company’s Palo Alto office, led Tesla Autopilot’s computer vision team, overseeing efforts to train AI technology using data collected from Tesla vehicles on the road.

“It was a great pleasure to help Tesla achieve its goals over the past 5 years and a difficult decision to part ways,” Karpathy tweeted, adding that he had no concrete plans for what he would do. afterwards.

Musk replied in a tweet: “Thank you for all you have done for Tesla! It was an honor to work with you.”

Tesla’s driver-assist technology has made great strides during Karpathy’s tenure, though the technology hasn’t lived up to promises made by Musk, who said in 2019 that Tesla would launch driverless taxis by 2020. .

“I imagine there will be promotion from within to take up Karpathy’s position. It would not be easy to find someone from outside with Karpathy’s experience and knowledge,” said Raj Rajkumar, professor in Electrical and Computer Engineering from Carnegie Mellon University.

Musk said in a podcast interview in January that Karpathy played an important role, but added, “People will give me too much credit and they will give Andrej too much credit.”

At the end of March, Karpathy said he was taking a four-month sabbatical to “resharpen my technical edge”.

He’s not the only Tesla executive to quit after taking a hiatus. In 2018, Doug Field, then director of engineering, joined Apple (AAPL.O) after taking time off to “recharge”. He is now at Ford (FN).

However, Karpathy’s departure surprised many people. “He’s as much of a workaholic as Elon is,” a former Autopilot team member told Reuters.

Tesla’s Autopilot technology is undergoing regulatory review. The National Highway Traffic Safety Administration is investigating a series of crashes involving Tesla vehicles allegedly operating on autopilot.

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Reporting by Hyunjoo Jin in San Francisco Editing by Leslie Adler, Matthew Lewis and Noel Randewich

Our standards: The Thomson Reuters Trust Principles.

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Tesla-Hertz partnership expands to sixteen new cities https://sfeva.org/tesla-hertz-partnership-expands-to-sixteen-new-cities/ Mon, 11 Jul 2022 21:36:23 +0000 https://sfeva.org/tesla-hertz-partnership-expands-to-sixteen-new-cities/

Tesla’s partnership with Hertz has expanded to sixteen new cities, including Boston, Las Vegas, New York, Philadelphia and San Diego, among others.

Tesla and Hertz reached an unsigned deal late last year that would see 100,000 all-electric vehicles from the Elon Musk-led company go to the rental agency. Since then, Tesla has been fulfilling orders for Model 3 and Model Y vehicles for several months. In January, in a statement to Teslarati, Hertz confirmed that it was receiving Model 3 units. Hertz also clarified to us that Model Ys were included in the original order and that the 100,000 cars were not specifically Model 3s.

Hertz says it’s “actively receiving” Tesla Model 3 rental cars across the country

Initially, Hertz made its Model 3 and Model Y vehicles available in Atlanta, GA, Fort Lauderdale, FL, Los Angeles, CA, Miami, FL, Orlando, FL, San Francisco, CA and Washington DC Now sixteen new cities are in courses added to company locations that have Tesla available for lease:

  • Albuquerque, New Mexico
  • Atlanta, Georgia,
  • Boston, MA
  • Burbank, California
  • Chicago, Ill.
  • Cincinnati, Ohio
  • Co. Mountains, Colorado
  • Dallas, TX
  • Denver, Colorado
  • Fort Lauderdale, Florida
  • Las Vegas, Nevada
  • Los Angeles, California
  • Miami, Florida
  • Newark, New Jersey
  • New York, New York
  • Orlando Florida
  • Phoenix, Arizona
  • Philadelphia, Pennsylvania
  • Sacramento, California
  • San Diego, California
  • San Francisco, California
  • San Jose, California
  • washington d.c.

Tesla’s partnership with Hertz has also allowed other sustainable powertrain companies to secure deals with the rental agency. Polestar also has a deal for 65,000 units of the Polestar 2. It began deliveries in June.

Polestar begins deliveries of Polestar 2 under Hertz deal

Hertz hasn’t revealed how many Tesla units it has accepted for delivery since the partnership began, but it looks like the numbers are getting quite large given this new expansion of locations. The $4.2 billion deal for 100,000 Tesla vehicles, which appears to help Hertz deliver new, technologically superior electric vehicles, by omitting ICE engines from its fleet and encouraging more customers to try an electric vehicle.

Disclosure: Joey Klender is a shareholder of TSLA.

I would love to hear from you! If you have any comments, concerns, or questions, please email me at joey@teslarati.com. You can also reach me on Twitter @KlenderJoeyor if you have any topical tips, you can email us at tips@teslarati.com.

Tesla-Hertz partnership expands to sixteen new cities






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