The share price of Tesla jumped 12.66% yesterday on news of a 100,000 vehicle order from Hertz.
Wild $T1mes!
Tesla (TSLA) joined Apple Inc. (AAPL), Microsoft Corp. (MSFT), Amazon.com Inc. (AMZN), and Google parent Alphabet Inc. (GOOG) as one of the U.S. companies worth more $1 trillion.
Elon's Musk's personal stake, not including SpaceX, is $297 billion as of Monday, according to corporate-governance data company Equilar Inc.
Big Hertz Order
Hertz, recently out of bankruptcy is purchasing 100,000 Tesla Model 3's, in the biggest ever purchase of EVs. The cars will be delivered over 14 months in major US and European locations.
Hertz will build its own charging infrastructure.
Globally Speaking
On a global scale, only 1 in 250 cars on the road is electric.
Electric vehicles account for only 2.2% of the global vehicle market share. Meanwhile, in the US, plug-in electric cars account for less than 2% of the vehicle market.
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