Hertz to buy 100,000 Tesla cars in push to offer electric vehicles
CBSN
Car rental company Hertz has ordered 100,000 electric vehicles from Tesla in a move that some analysts say further validates a growing electric vehicle movement in the U.S.
Hertz said Monday that it's buying the Tesla Model 3 cars by the end of 2022, and it also will create its own electric vehicle-charging network. Hertz didn't disclose how much it paid for the order, but analysts at Wedbush Securities estimated the deal at $4.2 billion. The base price for a Model 3 is about $40,000.
"While Hertz is in the early stages of electrifying its rental car fleet, Tesla getting an order of this magnitude highlights the broader electric vehicle adoption underway in our opinion as part of this oncoming green tidal wave now hitting the U.S.," analysts Daniel Ives and John Katsingris said in an equity note.
Parts of the Great Barrer Reef have suffered the highest coral mortality on record, Australian research showed Tuesday, with scientists fearing the rest of it has suffered a similar fate.
Health officials said Saturday they have confirmed the first U.S. case of a new form of mpox that was first seen in eastern Congo.
If you still haven't gotten your COVID or flu shot, don't fret – experts say it's the perfect time to get vaccinated before the holidays are in full swing.
Scientists say they've discovered the world's biggest coral, so huge it was mistaken for a shipwreck
Scientists say they have found the world's largest coral near the Pacific's Solomon Islands, announcing Thursday a major discovery "pulsing with life and color." The coral is so immense that researchers sailing the crystal waters of the Solomon archipelago initially thought they'd stumbled across a hulking shipwreck.
A grad student in Michigan received a threatening response during a chat with Google's AI chatbot Gemini.
As the weather cools down, dating heats up as people secure a cuddle buddy for "cuffing season," but for some, taking a slower approach may be the best strategy.
Nearly 4 in 10 seniors have gotten a COVID-19 vaccine so far this year, new survey data published by the Centers for Disease Control and Prevention suggests, marking a steep increase in vaccination rates compared with the same time last year.
Why do we weep? There are actually some good reasons for it — and an explanation for why a little blubbering can make us feel better.
Online retailers and birth control providers have seen a spike in sales for emergency contraceptives since Donald Trump was elected for a second term as president of the United States.
Beirut — Declassified 1970s-era U.S. spy satellite imagery has led a British-Iraqi archeological team to what they believe is the site of a seventh-century battle that became decisive in the spread of Islam throughout the region.
The COVID-19 pandemic was associated with increases in stress-related drinking and alcohol-related deaths, and new research suggests drinking didn't stop as things returned to normal.