<Anchor> On the
New York Stock Exchange, electric vehicle maker Tesla surpassed $1 trillion in market capitalization during the day.
Tesla is the first electric car maker to make it to the trillion-dollar club.
Correspondent Kim A-young.
<Reporter>
The market capitalization of Tesla, an American electric vehicle maker led by Elon Musk, has crossed the $1 trillion mark, or KRW 1,171 trillion in Korean money.
Car rental company Hertz announced that it would purchase 100,000 Tesla Model 3 models by the end of next year.
The market cap of $1 trillion is a record held only by Apple and Amazon, and Tesla is the first electric car maker to be listed in the $1 trillion club.
Tesla stock broke a record high, surpassing $1,000 for the first time ever.
Earlier in announcing the purchase, Hertz emphasized that electric vehicles are becoming more and more mainstream in the rental car market, and that Tesla is the only manufacturer capable of mass-producing electric vehicles.
Although the contract amount was not specifically mentioned, it is predicted that it will reach 4 billion dollars or 4.6 trillion won.
It is the largest single purchase of an electric vehicle in history.
In the third quarter of last year, Tesla achieved sales of 16 trillion won, up more than 50% from the same period last year, and it was evaluated that it exceeded the expectations of investment institutions.
The New York Stock Exchange strengthened as earnings optimism from major companies, including Tesla, grew.