A popular newswire reported on Monday that auto rental company Hertz has placed an order for 100,000 Tesla cars, citing sources familiar with the situation.
According to the article, this is the single largest purchase of electric vehicles ever made, representing $4.2 billion in income for Tesla.
The newswire reached out to Hertz and Tesla for comment, but neither responded right away.
After travel demand fell during the height of the pandemic and talks with creditors failed to give relief, Hertz filed for bankruptcy protection in May of last year.
Hertz said in May that the company's Chapter 11 bankruptcy would be funded by a group of investors including Knighthead Capital Management, Certares Opportunities, and Apollo Capital Management.