Tesla's market value rose sharply on Monday, after news of a deal with car rental company Hertz.
And yesterday's news circulated that Hertz would order about 100,000 cars to build its electric car rental fleet by the end of 2022, which pushed the market value of Tesla to exceed the trillion dollar barrier. .
The news of the deal raised Tesla's stock to $ 1,047, a new record in one trading day after the shares broke the $ 900 level, and the stock rose by the end of trading yesterday by about Large, close to 13%.
The deal is reported to bring in about $4.2 billion to Tesla, the largest ever purchase of electric vehicles.
The rise of Tesla's market capitalization has placed it as the fifth largest public or publicly listed company in the United States, overtaking the global company Facebook.
Morgan Stanley raised its target price for Tesla's stock to $1,200 a share from $900.
