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Hertz orders 100,000 Tesla Model 3 vehicles

CNBC's Phil Lebeau joins 'Squawk on the Street' to discuss recent news that Hertz will purchase 100,000 Tesla Model 3, total value of $4.2 billion, for consumers to rent. Lebeau also reports on Morgan Stanley's recent note where the investment bank raised its price target on Tesla to $1,200.
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