Shares of Tesla Inc. TSLA, +1.75% charged 4.3% higher in premarket trading Monday toward another record, after Bloomberg reported that Hertz Global Holdings Inc.
HTZZ, -3.37% is looking to buy 100,000 Tesla electric vehicles as part of its plan to electrify its fleet of rental cars. Hertz's stock was still inactive ahead of the open.
Citing people with knowledge of the matter, the Bloomberg report said the order placed by the rental car company, which just came out of bankruptcy four months ago, would represent about $4.2 billion in revenue for Tesla. The EV market leader's stock has..........