Tesla Hits , $1 Trillion Market Cap , After Hertz Says It Will <br />Buy Electric Vehicles.<br />According to CNBC, the car rental company is ordering 100,000 of Tesla's vehicles to be delivered by 2022.<br />According to CNBC, the car rental company is ordering 100,000 of Tesla's vehicles to be delivered by 2022.<br />As a result, Tesla hit a $1 trillion market cap on Oct. 25, joining the ranks of other heavy hitters such as Apple, Microsoft and Amazon.<br />As a result, Tesla hit a $1 trillion market cap on Oct. 25, joining the ranks of other heavy hitters such as Apple, Microsoft and Amazon.<br />As a result, Tesla hit a $1 trillion market cap on Oct. 25, joining the ranks of other heavy hitters such as Apple, Microsoft and Amazon.<br />As a result, Tesla hit a $1 trillion market cap on Oct. 25, joining the ranks of other heavy hitters such as Apple, Microsoft and Amazon.<br />Shares hit over $1,028 during midday trading.<br />The deal with Hertz <br />will reportedly garner <br />$4.2 billion for Tesla.<br />According to 'Bloomberg,' it's the largest-ever purchase of electric vehicles.<br />Hertz filed for bankruptcy protection during the height of the pandemic over a year ago.<br />CNBC reports that investors from <br />Knighthead Capital Management and Certares Management said they would take over the company.<br />CNBC reports that investors from <br />Knighthead Capital Management and Certares Management said they would take over the company.<br />According to 'Bloomberg,' the electric vehicles will be available to customers in America and parts of Europe within the next 14 months. .<br />According to 'Bloomberg,' the electric vehicles will be available to customers in America and parts of Europe within the next 14 months.
