close up of tesla logo on a charger at a supercharger rapid battery charging station for the electric vehicle company tesla motors in the silicon valley town of mountain view california august 24 2016 tesla shares were up more than 4 premarket monday following news that hertz is ordering 100000 vehicles to build out an elective vehicle rental fleet by the end of 2022 news of the deal briefly brought teslas stock to more than 949 premarket a new recordhigh just one trading day after shares hit 900 the deal which will bring in a reported 42 billion for tesla is the largest ever purchase of electric vehicles bloomberg previously reported tesla could not be reached for comment bloomberg also reported the cars are slated for delivery within the next 14 months and will be available to customers in the us and parts of europe as early as november according to the people the deal comes more than a year after hertz filed for bankruptcy protection during the height of the pandemic as demand for travel and rental vehicles waned this year investors from knighthead capital management and certares management said they would take over the company