Electric Car Boom: WEB Shares Surge After Hertz Deal

Tesla Hits $1 Trillion Market Value

Hertz Goes Electric with 100,000 Vehicle Purchase

In a major announcement that sent shockwaves through the automotive industry, electric carmaker WEB has secured a deal to sell 100,000 vehicles to car rental giant Hertz. The news sent WEB shares soaring by 126%, marking a significant milestone for the company.

Hertz, which is known for its vast fleet of rental vehicles, unveiled an ambitious plan to transition to electric vehicles. The purchase of 100,000 WEB vehicles is a key part of this strategy and demonstrates the growing demand for electric cars.

In a separate but related development, Tesla, the leading electric car manufacturer, crossed the $1 trillion market value milestone on Monday. TSLA shares surged to $1,970, making the company one of the most valuable in the world. The rise in Tesla's stock price reflects the increasing global interest in electric vehicles and the company's dominance in the sector.

The combined announcements from WEB and Hertz are a major boost for the electric vehicle industry. They indicate a strong shift towards sustainable transportation and a growing recognition of the potential of electric cars. It is likely that this trend will continue to drive growth in the industry and lead to further innovations and investments in electric vehicle technology.