Tesla soared over 4% and reached an all-time high at 970.84

Tesla soared over 4% and reached an all-time high at 970.84.Tesla Inc has increased the price of its Model X Long Range and Model S Long Range variants by $5,000, the electric-car maker's website showed on Saturday.

The Model X Long Range and Model S Long Range now sell for $104,990 and $94,990 respectively.

Prices for the Model Y Long Range and Model 3 Standard Range Plus rose by $2,000, to $56,990 and $43,990 respectively, according to the website.

Moreover,Hertz Global Holdings Inc., barely four months out of bankruptcy, placed an order for 100,000 Teslas in the first step of an ambitious plan to electrify its rental-car fleet, according to people with knowledge of the matter, Bloomberg News reports.

It’s the single-largest purchase ever for electric vehicles and represents about $4.2 billion of revenue forTesla Inc., according to the people, who asked not to be identified because the information is private.