- U.S. Uber Technologies (NYSE:UBER) drivers will be able to offer services with Tesla Inc (NASDAQ:TSLA) electric vehicles rented from Hertz Global Holdings Inc (OTC:HTZZ) from November 1, Bloomberg reports.
- Hertz will supply up to 50,000 EVs to drivers for Uber by 2023. Till now, Uber drivers have had to provide and maintain their own EVs.
- The cars will initially be available through Hertz’s rental program in Los Angeles, San Francisco, San Diego, and Washington, D.C., followed by a nationwide roll-out in subsequent weeks.
- Hertz’s $4.2 billion Tesla order sent the automaker’s market value past $1 trillion.
- Tesla rentals will start at $334 a week and drop to $299 or lower as the program gets underway.
- Initially, Uber drivers require a 4.7-star rating or more and have completed a minimum of 150 trips to be eligible.
- Price Action: UBER shares traded higher by 0.26% at $46.02 in the premarket session on the last check Wednesday.
360 Finance Q1 EPS $1.28 Beats $0.79 Estimate, Sales $549.35M Miss $556.63M Estimate
360 Finance (NASDAQ:QFIN) reported quarterly earnings of $1.28 per share which beat the analyst consensus estimate of $0.79 by 62.03 percent. This is a 1322.22 percent increase over earnings of $0.09 per share from the