TESLA TO THE MOON
Tesla ( TSLA ) has partnered with Hertz, one of the largest car rental companies in the world, to provide it with 100,000 vehicles by the end of 2022. Tesla stock jumped to a record high, hitting a $1 trillion valuation.
Starting in early November, customers will be able to rent a Tesla Model 3 at Hertz airport and other locations in major U.S. markets and select cities in Europe, according to a Hertz company statement.
The plan also includes new EV charging infrastructure across Hertz's global operations. The company is installing thousands of chargers throughout its location network. And customers who rent a Tesla Model 3 will have access to 3,000 Tesla supercharging stations throughout the U.S. and Europe.
"The new Hertz is going to lead the way as a mobility company, starting with the largest EV rental fleet in North America and a commitment to grow our EV fleet and provide the best rental and recharging experience for leisure and business customers around the world," said Hertz interim CEO Mark Fields.