Following a huge deal with Hertz: Tesla shares soared 13%; Worth more than a trillion dollars

Tesla today (Monday) exceeded the market value of one trillion dollars, after making its largest order ever from the Hertz car rental giant. The deal strengthens the ambitions of Elon Musk, CEO"To the company, to a surge in sales in the automotive industry over the next decade.

Shares of Tesla jumped 14.9% to $ 1,045.02, making it the most expensive carmaker in the world, according to Reuters.

Tesla is the first automaker to join a trillion-dollar elite club of companies that includes Microsoft, Apple, Google and Amazon.

"Electric vehicles are now mainstream, and we are just beginning to see an increase in global demand and interest", Said CEO"To the temporary runner, Mark Fields, to the Reuters.

CEO"For Tesla, Elon Musk has set an annual growth rate of 50%, on average, eventually reaching 20 million vehicles a year. That would be more than double the volume of current sales leaders Volkswagen and Toyota.

Photo: AP Photo / Susan Walsh

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