Elon Musk says he is not yet at the end of the Tesla-Hertz deal

Tesla's founder and CEO Elon Musk has reported on Twitter that no formal agreement has been reached between his company and Hertz car rental. 

A few days ago we also written bythat after Hertz Global Holdings, one of the world's oldest and largest car rental companies, has purchased 100,000 Tesla Model 3 gave up order, Tesla's share price skyrocketed and Elon Musk's net worth increased by $32 billion in one day. "If this is all thanks to Hertz, I would like to stress that we have not yet signed any contract. The demand for Tesla models is far greater than we can produce, so we can sell the vehicles to Hertz on the same terms as to all our other customers. The Hertz deal has no impact on our economy" - Musk clarified the situation under the Twitter post depicting the jump.

You're welcome!

If any of this is based on Hertz, I'd like to stress that no contract has been signed yet.

Tesla has far more demand than production, therefore we will only sell cars to Hertz for the same margin as to consumers.

Hertz deal has zero effect on our economics.

- Elon Musk (@elonmusk) November 2, 2021

Hertz on the other hand BBC-as interviewed bythat "delivery of Teslas has already started." The comment caused Tesla's share price to fall 4 percent.

Elon Musk is the richest man in the world, current net worth of $326 billion. According to the investment bank Morgan Stanley, SpaceX could bring in a staggering amount of money for Musk in the near future, and could become the world's most valuable company, beating Tesla. If the 'prediction' comes true, Musk will be the first private entrepreneur in the world to call himself a billionaire, or a thousand billionaire.