Tesla drives toward $1 trillion club on record Hertz order

By Subrat Patnaik, Sanjana Shivdas and David Shepardson

Technology
Monday, 25 Oct 2021
8:21 PM MYT

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FILE PHOTO: The desk of car rental company Hertz is seen at Nice International airport during the coronavirus disease (COVID-19) outbreak in Nice, France, May 27, 2020. REUTERS/Eric Gaillard

(Reuters) - Tesla Inc on Monday neared $1 trillion in market capitalization as the company founded by Elon Musk received its biggest-ever order — 100,000 electric rental cars for Hertz.

Tesla shares were up 7.5% at $978, hitting a new record high Monday, following the order. Shares were also buoyed by news of the company's Model 3 becoming the first electric vehicle to top monthly sales of new cars in Europe.

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STARPICKS

Symbol	Open	High	Low	Last	Chg	%Chg	Vol ('00)
NEXG	0.365	0.380	0.360	0.370	0.000	0.00	351,583
HSI-CWEI	0.070	0.070	0.070	0.070	0.000	0.00	255,131
ECOSHOP-CJ	0.105	0.105	0.105	0.105	-0.045	-30.00	230,653
MYEG	0.945	0.960	0.945	0.960	0.015	1.59	147,227
PMCORP	0.115	0.130	0.115	0.130	0.010	8.33	121,194
PARADIGM	1.000	1.020	0.995	1.020	0.020	2.00	121,116
SINARAN	0.030	0.050	0.030	0.040	0.010	33.33	113,180
HKB	0.150	0.160	0.145	0.155	0.010	6.90	103,634
HSI-CWEZ	0.135	0.140	0.135	0.140	0.000	0.00	100,020
VELESTO	0.185	0.190	0.180	0.190	0.005	2.70	99,466
GENM	1.990	2.060	1.980	2.050	0.050	2.50	80,325
HSI-PWFI	0.075	0.075	0.075	0.075	-0.005	-6.25	80,200
GENTINGC3T	0.025	0.025	0.025	0.025	-0.005	-16.67	78,000
UCREST	0.095	0.100	0.095	0.095	0.000	0.00	77,544
HSI-CWC6	0.230	0.235	0.220	0.220	-0.005	-2.22	76,221

Tesla drives toward $1 trillion club on record Hertz order