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Biggest Single EV Purchase Ever: Tesla (TSLA) Stock Soars as Hertz Orders 100,000 EVs in $4.2 Billion Deal, Analyst Bulled-up
October 25, 2021 9:25 AM EDTHertz, a car rental company, announced today it has ordered 100,000 electric vehicles (EVs) produced by Tesla (NASDAQ: TSLA). The order should be delivered by the end of 2022 and represents the single-biggest EV order ever, reportedly worth $4.2 billion.
Tesla stock price is up 4.5% in pre-open Monday.
"Electric vehicles are now mainstream, and we've only just begun to see rising global demand and interest. The new Hertz is going to lead the way as a mobility company, starting with the largest EV rental fleet in North America and a commitment to grow... More
