Hertz orders 100,000 Tesla vehicles for end of 2022; Tesla's worth reaches $1 trillion

Hertz orders 100,000 Tesla vehicles for end of 2022; Tesla's worth reaches $1 trillion

News of the deal sparked a surge in Tesla’s stock price, giving the automaker a market valuation north of $1 trillion for the first time. Hertz’s move could box out other competitors from getting Teslas in their fleets in the near term.

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