Page 81 - Mark Fields News Today

Tesla Inc on Monday became the latest US tech giant to hit US$1 trillion in market value as investors cheered a large order from Hertz Global Holdings Inc and shrugged off criticism from a US auto safety official. Shares of Elon Musk’s company closed at US$1,024.86, up 12.7 percent and topping US$1 trillion for the first time. “Wild $T1mes!” Musk write on Twitter. The surge followed an announcement from rental car giant Hertz of an order to buy 100,000 vehicles from Tesla by the end of nex...

In The News is a roundup of stories from The Canadian Press designed to kickstart your day. Here is what's on the radar of our editors for the morning of Oct. 26 ...

Hertz's purchase ranks at the top of the list of electric vehicle orders by a single company.

Deal worth around £3bn means company will have largest rental fleet of electric cars in North America

After Hertz’s Tesla order, Elon Musk is now worth more than Google co-founder Larry Page and Facebook CEO Mark Zuckerberg combined, according to Forbes.

Tesla’s stock value went beyond $1 trillion for the first time after Hertz said it would convert more than 20% of its rental fleet to Teslas.

A deal with a major rental car company triggered a rally in the companys stock.

A deal with a major rental car company triggered a rally in the companys stock.

Tesla has become the sixth US company to exceed $1tn in valuation, after landing a major deal with car rental company Hertz.

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