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... Blow To Tesla? Hertz's EV Disposal Plan Jumps By 10K As Car-Rental Company Aims For 95% Gas...
Benzinga· 1 day agoCar rental company Hertz Global Holdings HTZ is now looking to remove 30,000 electric vehicles from...
Hertz is ditching even more electric cars
Quartz· 20 hours agoThe Estero, Florida-based rental car company said it plans to get rid of 10,000 more EVs than it initially planned this year. Now Hertz
Hertz says it lost another $195M from EV bet
Fox Business via AOL· 19 hours agoHertz Global reported higher-than-expected quarterly losses on Thursday, which sent shares down by more than 24%. The company's total losses were $588...
Hertz's stock is having an awful week, and BofA adds to investors' misery
Morningstar· 17 hours agoBofA analyst John Babcock downgraded the stock to underperform from neutral. One of the biggest concerns resulting from Hertz's earnings report was the costs associated with ...
Hertz To Sell Off Even More EVs As Depreciation Losses Mount
InsideEVs· 20 hours agoAmerican rental car giant Hertz saw the way the car market was going and decided to invest in...
Hertz loses another $200 million from its EVs
Yahoo Finance· 2 days agoCar rental operator Hertz (HTZ) reported it lost another $200 million due to its EV gamble. In its first quarter earnings report, < ...
Hertz Stock Sinks on Earnings. Its Fleet of Tesla EVs Is the Big Issue.
Barrons.com· 2 days agoHertz stock sank Thursday after the rental car company reported a steeper-than-expected loss. A year...
BofA cuts Hertz stock target to $3 from $9, downgrades to underperform By Investing.com
Investing.com· 1 day agoOn Friday, BofA Securities adjusted its stance on Hertz (NASDAQ:HTZ) Global shares (NASDAQ:HTZ),...
Estero-based Hertz will sell off more EVs as it looks to reduce costs and right-size fleet
The News-Press via Yahoo Finance· 21 hours agoIn the quarter, Hertz incurred a $195 million charge related to the reduction in its EV fleet. That...
Hertz Global misses earnings expectations as fleet costs weigh By Investing.com
Investing.com· 2 days agoHertz Global (HTZ) reported a challenging first quarter of 2024, with financial results falling...