Daily Poll: Rental car and it's magical journey.

Car rental stock  $Avis Budget (CAR.US)$ surged Tuesday after the company reported a stronger-than-expected third quarter that sparked massive trading volume.
The stock closed 108.3% higher Tuesday at $185.7%. Trading in the stock was halted multiple times Tuesday morning, and it was up more than 200% for the day at one point.

Vague comments on the conference call by executives about increasing purchases of electric cars for its fleet appeared to add juice to the rally, as chief executive officer Joseph Ferraro said the company would play a “big role” in the growth of electric cars in the U.S.

Another car rental stock $Hertz Global Holdings, Inc. (HTZZ.US)$ 's shares were also the subject of a trading frenzy earlier this year. Its stock has risen more than 110% since August.

What you may interesting in is that $Tesla (TSLA.US)$ CEO Elon Musk said on Monday night that his company has yet to sign a contract with Hertz. However, Hertz said Tesla has already started delivering cars into its rental fleet.

Source:
Shares of Avis double in single day as huge earnings beat sends hedge fund shorts running