Tesla Surpasses $1 Trillion in Market Value as Hertz Orders 100,000 Vehicles

Tesla Inc. crossed $1 trillion in market value Monday, joining a select group of companies after its stock price more than doubled this past year on surging vehicle sales and rising profits.

Investors pushed the electric-vehicle maker over the line after Hertz Global Holdings Inc. ordered 100,000 autos to be delivered to the rental-car company by the end of next year, a bulk purchase that promises to expose more mainstream drivers to Tesla’s technology.

I know this is ancient history in the corporate world, but wasn't Hertz in such bad shape they were cpt 11 and a meme stock?

How exactly do I return it full?

Said

“Said” lol. Fake

Renting an electric car seems very inconvenient.

thanks

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Tesla's market value tops $1T after Hertz orders 100K carsDETROIT (AP) — Hertz announced Monday that it will buy 100,000 electric vehicles from Tesla, one of the largest purchases of battery-powered cars in history and the latest evidence of the nation's increasing commitment to EV technology. Uber said in 2015 I will buy 100,000 self automated cars the following year . It’s was bull shit! Hertz customer service is awful! Been chasing a refund in a wrongful charge which confirmed by Mgr and no follow up up or refund to this date while electric vehicles can play an important role in reducing emissions Batteries is a time bomb threatening to leave a mountain of electronic waste as they reach the end of their lives Mining for raw materials also has a climate, environmental & human rights impacts attached
Source: AP - 🏆 728. / 51 Read more »