Goldman hikes price target on Tesla, says Hertz deal can help stock rise another 10%

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New for subscribers: Goldman hikes price target on Tesla, says Hertz deal can help stock rise another 10%. Check out CNBCPro today.

Close up of Tesla logo on a charger at a Supercharger rapid battery charging station for the electric vehicle company Tesla Motors, in the Silicon Valley town of Mountain View, California, August 24, 2016.

 

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Tesla Stock Hits Record High After Hertz Places Biggest Electric Vehicle Order EverTesla stock climbed more than 4% in early trading hours Monday to about $952 — surpassing an all-time closing high of $909.68 from Friday — after Hertz confirmed customers could rent Model 3s beginning in November. Read more:
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Tesla shares rise after Hertz says it will buy 100,000 electric vehiclesHertz says it is buying 100,000 Tesla Model 3s, a value of about $4.2B. Rentals are expected to start later next year. Lebeaucarnews has the details. Lebeaucarnews Wish they had them right now. I don't need a rental car but I just want to 'have' one for a few days/week. Lebeaucarnews Turn to Jesus, we've all sinned & we're all evil, we stand trial for the evil we've done in front of our judge who is God, no judge frees people for their good deeds, only perfect or forgiven people make it, stop sinning, he's coming back soon, he payed for your sins, God bless. Lebeaucarnews Individual bankruptcy=life ruined. Corporate bankruptcy=party time.
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Tesla Surpasses $1 Trillion in Market Value as Hertz Orders 100,000 VehiclesHertz’s major bulk purchase could help Tesla get more of its cars into the hands of mainstream consumers. Tesla shares surged on the news. thanks 15 Highest paid world leaders and presidents in 2021 Annual salary age Renting an electric car seems very inconvenient.
Source: WSJ - 🏆 98. / 63 Read more »

Tesla Eclipses $1 Trillion In Market Value After Hertz Places Biggest Electric Vehicle Order EverTesla's stock surge has made the car company more valuable than social media giant Facebook. Isn't Hertz in bankruptcy? wow LOL. Elon must resort to fleet sales because business ain't that great as anticipated. The only thing really selling is the model Y.
Source: Forbes - 🏆 394. / 53 Read more »

Customers can soon rent a Tesla at Hertz after company orders 100,000 electric vehiclesRental car giant Hertz announced it was buying 100,000 Tesla electric vehicles that will be available to customers starting next month.
Source: ABC - 🏆 471. / 51 Read more »

Tesla touches trillion-dollar market cap milestone with Hertz dealTesla Inc. joined an elite group of companies with market values of at least $1 trillion on Monday, a key milestone for the Elon Musk-led carmaker whose shares have been on a tear amid a global shift to electric vehicles. Shame I didn't get in there early!
Source: latimes - 🏆 11. / 82 Read more »