Tesla shares news that Hearts will buy 100,000 electric cars

Texas News Today

Close-up of the Tesla logo on the charger of electric vehicle company Tesla Motors’ Supercharged fast battery charging station on August 24, 2016 in the Silicon Valley city of Mountain View, California.

Smith Collection / Gado | photo collection | Getty Images

Tesla’s stock soared more than 4% ahead of its launch on Monday, following news that Hertz was ordering 100,000 vehicles to build a select car rental fleet by the end of 2022.

The trading news temporarily brought Tesla stock to market, surpassing a record $949, ​​just a day after the stock hit $900.

Bloomberg previously reported that the deal, which will bring Tesla to $4.2 billion in funding, is the largest electric vehicle purchase ever made.

I could not ask Tesla for comment.

Bloomberg also reported that the car will be delivered within the next 14 months and will be available to some customers in the US and Europe in early November.

More than a year has passed since Hurts filed for bankruptcy protection during a pandemic, and demand for travel and car rentals has plummeted. This year, investors Knighthead Capital Management and Certificate Management have announced that they will be acquiring the company.

—CNBC’s Michael Welland contributed to this report.

Tesla shares news that Hearts will buy 100,000 electric cars

Source link Tesla shares news that Hearts will buy 100,000 electric cars

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