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After a large order, Tesla becomes a billion-dollar company - seven times as much as VW

2021-10-25T20:25:27.549Z


Tesla is still in the fast lane. The market value reaches new heights. Before that, there was a multi-billion dollar order from the car rental company Hertz.


Tesla is still in the fast lane.

The market value reaches new heights.

Before that, there was a multi-billion dollar order from the car rental company Hertz.

Palo Alto / Estero - Tesla has set another record.

The Californians are the first automaker in the world to be worth over a trillion dollars on the stock market, at least temporarily.

So far, only a few companies like Apple, Amazon or Microsoft have succeeded in doing this.

For comparison: VW is currently valued at around 121 billion euros, which corresponds to around 140 billion dollars.

This was preceded by a price jump of the Tesla share of over nine percent at times.

It responded to a major order from Sixt competitor Hertz.

The car rental company ordered 100,000 Teslas, which should be delivered by the end of 2022.

This corresponds to around ten percent of the electric car manufacturer's annual production.

The order is said to be worth $ 4.2 billion.

After a large order, Tesla becomes a billion-dollar company: Hertz customers will soon be able to drive Model 3

The first vehicles should be delivered soon.

Because from November, Hertz customers in the USA and in some European cities can book the Tesla Model 3.

Overall, the share of electric cars in the car rental company's global fleet will increase to over 20 percent.

In addition to the order, Hertz plans to install several thousand charging stations.

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Customers of the car rental company Hertz will soon be able to drive Tesla's Model 3

© Mark Reinstein / imago

The Tesla purchase is Hertz's first major order since bankruptcy proceedings were closed in June.

The car rental company had applied for bankruptcy protection in the Corona crisis.

After a large order, Tesla becomes a billion-dollar company

Tesla and Elon Musk are swimming on a wave of great success.

Despite the global chip crisis and delivery problems, the Californian company generated a record profit of 1.6 billion dollars in the third quarter of 2021.

With sales of $ 13.8 billion and 241,391 vehicles delivered, Tesla posted two other records.

In order to be able to cope with the high demand, Tesla must quickly start production in new plants such as Grünheide near Berlin or in Austin, Texas.

In Germany, however, this is unlikely to be easy as permits are still lacking.

Nevertheless, production should start in December, as Musk recently announced.

List of rubric lists: © Mark Reinstein / imago

Source: merkur

All news articles on 2021-10-25

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