Hertz is introducing Tesla Model S and Roadster rechargeable cars to its fleet at Los Angeles and San Francisco airports, the Park Ridge, N.J.-based company said Wednesday in a statement. Hertz has five Teslas combined at the two airports, with rental prices starting at about $500 a day, Paula Rivera, a Hertz spokeswoman, said in an email.
The Tesla models expand on a lineup of higher-priced cars that Hertz has added to its fleet under its Dream Cars program, which includes Ferrari and Lamborghini cars. In July, Hertz won final regulatory approval for its $2.3 billion acquisition of Dollar Thrifty Automotive Group. The merged companies compete with closely held Enterprise Holdings and Avis Budget Group.
Palo Alto-based Tesla has seen its market value top $20 billion this year. Tesla is intent on becoming the world's most profitable seller of battery-powered cars. The company plans this year to deliver 21,000 of its flagship Model S sedans, priced from about $70,000, and double that volume next year as sales in Europe and Asia expand.