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Tech this week: Hertz’ $4 billion Tesla deal and Facebook in hot water…again
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Hertz announced on Monday that it will buy 100,000 electric vehicles from Tesla, one of the largest purchases of battery-powered cars in history.
The news of the deal triggered a rally in Tesla's stock, driving the carmaker's market value over the $1 trillion (€865.5 billion) mark for the first time.
The purchase by one of the world's leading rental car companies reflects its confidence that electric vehicles are gaining acceptance with environmentally minded consumers as an alternative to fossil
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