Gas Price Spike Could Drive More Buyers To Tesla, EVs

Tesla’s stock price has spiked due to a massive Hertz deal but soaring gas prices certainly won’t hurt.

Hertz’s announcement that it is buying 100,000 Tesla cars to boost its struggling car-rental business sent Tesla’s stock soaring to a first-time $1 trillion market cap. But gas prices are also trending in Tesla’s favor with prices rising to over $4.50 per gallon for regular in California.

The national average price for a gallon of gasoline rose six cents over the past week to $3.38, with the price at the pump up every day in the past 27 days, adding about 20 cents to the cost of a

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