Tesla and Elon Musk have become so iconic, they can withstand Hertz buying 100,000 Teslas for its fleet. On Monday, rental car company Hertz announced it had placed an order for 100,000 Tesla vehicles, which would boost electric vehicles to about 20% of its global rental fleet. For Tesla, the deal represents about $4.2 billion in revenue, and the news sent its stock up by almost 13%. It also boosted the electric vehicle company’s market cap across the $1 trillion mark for the first time. Read ...
Tesla and Elon Musk have become so iconic, they can withstand Hertz buying 100,000 Teslas for its fleet. On Monday, rental car company Hertz announced it had placed an order for 100,000 Tesla vehicles, which would boost electric vehicles to about 20% of its global rental fleet. For Tesla, the deal represents about $4.2 billion in revenue, and the news sent its stock up by almost 13%. It also boosted the electric vehicle company’s market cap across the $1 trillion mark for the first time. Read ...
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