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Hertz is done gambling with EVs: It took a first-quarter $195 million hit on Teslas that just keep...
Fortune via Yahoo Finance· 5 days agoHertz is hurting. The company was expecting a challenging first quarter, but it got more than it...
Hertz is ditching even more electric cars
Quartz· 4 days agoHertz is ditching more of its fleet of electric vehicles, which it says are unreliable and more expensive than gas-guzzlers, as it reports a $392 million...
Hertz loses another $200 million from its EVs
AOL· 5 days agoCar rental operator Hertz (HTZ) reported it lost another $200 million due to its EV gamble. In its first quarter earnings report, Hertz said it “upsized ...
You can get a crazy good deal on a used Tesla from Hertz right now — but know these risks
Business Insider via Yahoo News· 5 days agoHigh-mileage EVs, like these for sale from Hertz, can be a red flag.Hertz; Neil Godwin/T3...
Hertz To Sell Off Even More EVs As Depreciation Losses Mount
InsideEVs· 4 days agoAmerican rental car giant Hertz saw the way the car market was going and decided to invest in...
Hertz Global eyes worst day on record as EV rental business falters
Reuters via AOL· 5 days agoShares of Hertz Global slumped 24% and were on track for their sharpest one-day percentage fall on...
HERTZ REPORTS FIRST QUARTER 2024 RESULTS
Morningstar· 5 days ago"Fleet and direct operating costs weighed on this quarter's performance," said Gil West, Hertz chief executive officer. "We're tackling both issues - getting to the right ...
Hertz reports $392 million loss as it unwinds Tesla fleet
Detroit News· 5 days agoHertz Global Holdings Inc. reported a loss that was nearly three times worse than analysts expected...
BofA cuts Hertz stock target to $3 from $9, downgrades to underperform By Investing.com
Investing.com· 4 days agoOn Friday, BofA Securities adjusted its stance on Hertz (NASDAQ:HTZ) Global shares (NASDAQ:HTZ),...
Hertz Global misses earnings expectations as fleet costs weigh By Investing.com
Investing.com· 5 days agoHertz Global (HTZ) reported a challenging first quarter of 2024, with financial results falling...
