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Sky-High Depreciation And Massive Repair Bills Force Hertz To Sell 30,000 EVs
Jalopnik· 6 hours agoIf you’re looking to pick up a used electric car bargain, then your luck may be in as Hertz is about...
EV prices fall as Hertz reduces fleet - but charging concerns remain
dpa international via Yahoo News· 24 hours agoPlanning on buying a hybrid or electric car? The good news is that not only have manufacturers such...
You can get a crazy good deal on a used Tesla from Hertz right now — but know these risks
Business Insider via Yahoo News· 6 days agoHigh-mileage EVs, like these for sale from Hertz, can be a red flag.Hertz; Neil Godwin/T3 ...Images;...
Tesla fires its Supercharger division
Boing Boing· 4 hours agoThe entire division of Tesla responsible for the company's public supercharger network is being canned, reports the BBC. CEO Elon Musk recently decided...
Hertz Stock Sinks on Earnings. Its Fleet of Tesla EVs Is the Big Issue.
Barrons.com· 6 days agoHertz stock sank Thursday after the rental car company reported a steeper-than-expected loss. A year...
Hertz reports $392 million loss as it unwinds Tesla fleet
Detroit News· 6 days agoThe company said it...a share, or $392 million, against analyst expectation for a loss of 44 cents a...
Hertz is done gambling with EVs: It took a first-quarter $195 million hit on Teslas that just keep...
AOL· 6 days agoHertz is hurting. The company was expecting a challenging first quarter, but it got more than it bargained for: It reported a $392 million adjusted net loss on Thursday. Despite ...
Wells Fargo and Hertz Global have been highlighted as Zacks Bull and Bear of the Day
Zacks via Yahoo Finance· 1 day agoInvestors don’t have to look far for evidence of this momentous trend. While...Airbnb (ABNB) of...
Hertz says it lost another $195M from EV bet
AOL· 5 days agoHertz said Thursday that the rental car giant's failed investment in an electric vehicle fleet continues to be an expensive mistake, reporting it lost another ...
Hertz loses another $200 million from its EVs
Yahoo Finance· 6 days agoCar rental operator Hertz (HTZ) reported it lost another $200 million due to its EV gamble. In its...a $195 million charge to vehicle depreciation for...