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Tesla becomes 1st automaker to hit $1 trillion market value

Fresh off the heels of a major deal with Hertz, auto company Tesla has hit $1 trillion in market cap. Hertz, a car rental company, ordered 100,000 Teslas to be delivered by the end of next year.

Tesla will now join other U.S.-based companies in the $1 trillion club, like Apple and Microsoft.

Here & Now‘s Scott Tong gets the latest with Roben Farzad, host of public radio’s Full Disclosure.

This article was originally published on WBUR.org.

Copyright 2021 NPR. To see more, visit https://www.npr.org.