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Hertz Reports $392 Million Loss as It Unwinds Tesla Fleet Burden
Bloomberg· 5 days agoHave a confidential tip for our reporters? Hertz Global Holdings Inc. reported a loss that was...
Estero-based Hertz will sell off more EVs as it looks to reduce costs and right-size fleet
The News-Press· 4 days agoHertz has upsized its sale of electric vehicles, as it looks to improve its financial performance....
Hertz to Offload 30K EVs This Year, Deepens Cuts Amid Mounting Fleet Losses - EconoTimes
EconoTimes· 4 days agoIn a recent financial revelation, Hertz disclosed continued losses from its electric vehicle (EV)...
Hertz continues to feel EV losses, plans to dump more from its fleet
Teslarati· 5 days agoHertz (NASDAQ: HTZ) reported its earnings for the first quarter of 2024 today, announcing that it is...
HERTZ REPORTS FIRST QUARTER 2024 RESULTS
The Martinsburg Journal· 5 days ago"Fleet and direct operating costs weighed on this quarter's performance," said Gil West, Hertz chief executive officer. Additionally, of the $339 per unit increase, $119 was related to EVs held for sale.
Hertz Global (NYSE:HTZ) Shares Gap Down to $5.90
ETF DAILY NEWS· 5 days agoHertz Global Holdings, Inc. (NYSE:HTZ – Get Free Report) shares gapped down before the market opened on Tuesday . The stock had previously closed at $5.90, but opened at $5.65 ...
Peeling Back The Layers: Exploring Hertz Global Holdings Through Analyst Insights - Hertz Global...
Benzinga· 4 days agoThe company offers cars, crossovers, and light trucks for rent; ancillary products and services; rental of industrial, construction, and other services. Its operating segments ...
More used Teslas are about to flood the market.
The Verge· 5 days agoHertz said in its first quarter earnings report today that it plans to sell an additional 10,000 Teslas, after committing to off-loading 20,000 of the electric vehicles earlier ...
Metro Atlanta man got pulled over in a rental car. Turns out, it was reported stolen
WSB-TV 2 Atlanta· 5 days agoBody camera video showing Jeffery Elinor being pulled over Tuesday evening in Carrollton left him...
Hertz Loses $392 Million Due To EV Depreciation
Auto Spies· 5 days agoInc. models that have weighed on profits for the past year. The company said it lost $1.28 a share, or $392 million, against analyst expectation for a loss of 44 cents a share. The ...
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