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Hertz Stock Sinks on Earnings. Its Fleet of Tesla EVs Is the Big Issue.
Barrons.com· 3 days agoHertz stock sank Thursday after the rental car company reported a steeper-than-expected loss. A year...
Hertz is ditching even more electric cars
Quartz· 2 days 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 intends to sell...
You can get a crazy good deal on a used Tesla from Hertz right now — but know these risks
Business Insider via Yahoo News· 3 days agoHigh-mileage EVs, like these for sale from Hertz, can be a red flag.Hertz; Neil Godwin/T3...
Hertz is done gambling with EVs: It took a first-quarter $195 million hit on Teslas that just keep...
Fortune via Yahoo Finance· 3 days agoHertz is hurting. The company was expecting a challenging first quarter, but it got more than it...
Hertz Reports $392 Million Loss as It Unwinds Tesla Fleet Burden
Bloomberg· 3 days agoHave a confidential tip for our reporters? Hertz Global Holdings Inc. reported a loss that was...
Hertz To Sell Off Even More EVs As Depreciation Losses Mount
InsideEVs· 2 days agoAmerican rental car giant Hertz saw the way the car market was going and decided to invest in...
Hertz says it lost another $195M from EV bet
Fox Business via AOL· 2 days 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 loses another $200 million from its EVs
Yahoo Finance via AOL· 3 days agoCar rental operator Hertz (HTZ) reported it lost another $200 million due to its EV gamble. In its first quarter earnings report, Hertz
Hertz to Offload 30K EVs This Year, Deepens Cuts Amid Mounting Fleet Losses - EconoTimes
EconoTimes· 2 days agoIn a recent financial revelation, Hertz disclosed continued losses from its electric vehicle (EV)...
HERTZ REPORTS FIRST QUARTER 2024 RESULTS
Morningstar· 3 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 ...
