Yes, Hertz made headlines in late 2021 by announcing a massive order of 100,000 Tesla Model 3s as part of an ambitious plan to electrify its rental fleet. This move was intended to position Hertz as a leader in green travel and modernize its image after emerging from bankruptcy. However, the implementation of this plan was more complicated than the initial announcement suggested. While they did purchase tens of thousands of Teslas—making them available at major airports across the U.S. and Europe—they eventually slowed the pace of acquisitions. By 2024 and into 2025, Hertz actually began selling off a significant portion of its Tesla fleet. The company cited higher-than-expected repair costs for EVs and a dramatic drop in the resale value (depreciation) of the cars, largely due to Tesla's own aggressive price cuts on new models. Additionally, many rental customers found the learning curve for the Tesla interface and charging network to be a barrier. So, while the "Hertz-Tesla" partnership was real and resulted in many EVs on the road, it became a cautionary tale for the rental industry about the volatility of the electric vehicle market and the logistical challenges of maintaining high-tech fleets.