26.10.2021 04:00:40

Hertz Amps Up With Groundbreaking Tesla Deal

For more crisp and insightful business and economic news, subscribe to The Daily Upside newsletter. It's completely free and we guarantee you'll learn something new every day.Rental car giant Hertz was a shell of itself before emerging from bankruptcy earlier this year, but on Monday it flashed the latest sign of a rapid turnaround by placing an order for 100,000 pricey new Teslas to add to its fleet.Markets viewed the deal as good for both firms, but the biggest winner may be the electric carmaker's mercurial CEO, Elon Musk, who inched closer to becoming the world's first trillionaire.Continue reading
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