News of the deal brought Tesla’s stock to a record high, days after the company rose above $900 a share.
Tesla shares soared as high as 7% Monday morning, following news that Hertz is ordering 100,000 vehicles to build out an elective vehicle rental fleet by the end of 2022. News of the deal brought Tesla’s stock to more than $970 in early morning trading, a new record-high, just one trading day after shares hit $900.
