https://apnews.com/0da1c7ac07d45682cf101077b62988ab

DETROIT (AP) — Hertz announced Monday that it will buy 100,000 electric vehicles from Tesla, one of the largest purchases of battery-powered cars in history and the latest evidence of the nation's increasing commitment to EV technology.

The news of the deal triggered a rally in Tesla's stock, driving the carmaker's market value over the $1 trillion mark for the first time.