After landing its biggest-ever order from rental car company Hertz for 100,000 vehicles, Tesla’s market value surged to over 1 trillion dollars making it the world’s most valuable car company. The deal has reinforced the electric car company’s ambitions to top the entire auto industry in sales over the next decade. While automakers do not generally boast about sales to daily rental firms, often made at discounts to unload slow moving product, for Tesla and its investors the order showed electric vehicles are no longer a niche product but will dominate the mass car market in the near future. "Electric vehicles are now mainstream, and we've only just begun to see rising global demand and interest," Hertz interim Chief Executive Officer Mark Fields said about the order.

For more : https://www.reuters.com/business/autos-transportation/hertz-orders-100000-tesla-cars-bloomberg-news-2021-10-25/

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