Uber Announces It Will Roll Out 50,000 Teslas to Its Drivers

"We are looking forward to more EVs being on the roads right away."
Uber x Tesla

Hertz, a rental car company, announced Monday that it had ordered 100,000 Tesla Model 3s. This was a huge order that sent shares of Elon Musk's company skyrocketing.

Uber, the ride-hailing company, is also getting in on this fun. Uber has also announced a partnership with Hertz to allow Uber drivers to rent 50,000 Tesla vehicles in San Francisco, Los Angeles, San Diego, San Diego, Washington, DC, starting November 1.

Uber claims that all 50,000 vehicles will be nationwide by 2023. Uber claims it has the largest deployment of electric vehicles in North America, and the largest global expansion.

This is yet another industry heavyweight making huge moves to electrify their fleet. It's another sign that Tesla is on the verge of an amazing Q4.



EV Rider

Insider reports that Uber shares rose two percent today in early trading following the announcement.

Dara Khosrowshahi, Uber CEO, stated that climate change is a global problem we all must address together.

He said that this combination of the power and Hertz and Uber will accelerate the transition towards zero-emission mobility. We are looking forward to more EVs being on the roads.

More companies are investing in an electric future by committing resources. There is a good chance that Tesla will soon have more Model 3s on public roads thanks to Hertz and Uber joining forces with Tesla.



READ MORE: Uber will roll out 50,000 Tesla cars as it transitions towards an all-electric fleet. [Insider]

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