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# Tesla's market value tops $1T after Hertz orders 100K cars
- URL: https://werd.io/teslas-market-value-tops-1t-after-hertz-orders-100k-cars/
- Published: 2021-10-26T19:30:35.000Z
- Updated: 2021-10-26T19:30:35.000Z
- Author: Ben Werdmuller
- Tags: #Import 2025-06-13 09:24

"Hertz said in its announcement that it will complete its purchases of the Tesla Model 3 small cars by the end of 2022\. It also said it will establish its own electric vehicle charging network as it strives to produce the largest rental fleet of electric vehicles in North America." Most importantly, this is a major step towards mainstreaming electric cars in the US.

\[[Link](https://apnews.com/article/business-lifestyle-travel-car-rental-mark-fields-0da1c7ac07d45682cf101077b62988ab?utm%5Fmedium=AP&utm%5Fcampaign=SocialFlow&utm%5Fsource=Twitter)\]