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Tesla Is Now Valued At Over $1 Trillion

Provided By - Video Elephant on October 26, 2021
Tesla hit a market cap of $1 trillion for the first time after rental car company Hertz said that it would order 100,000 vehicles. Hertz will start offering customers the option to rent Tesla’s Model 3 sedan in certain markets from early November. The new Hertz is going to lead the way as a mobility company, starting with the largest EV rental fleet in North America, Mark Fields, Hertz interim CEO. This is reportedly the single largest order ever for electric vehicles. The deal is worth over $4.2 billion in revenue for Tesla. Anyone who rents a Tesla from Hertz will be able to use any of the Tesla superchargers across the US and Europe. Hertz will also be installing its own EV chargers “throughout its location network”

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