Hertz Is Off-Loading An Extra 10,000 EVs Due To Massive Depreciation
The company has lost hundreds of millions of dollars due to the depreciation of used Teslas
Source: carscoops.com
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HERTZ REPORTS FIRST QUARTER 2024 RESULTS
"Fleet and direct operating costs weighed on this quarter's performance," said Gil West, Hertz chief executive officer. "We're tackling both issues - getting...
Source: prnewswire.com
Major car rental firm sells off cheap unwanted Teslas as mammoth losses of $392m are revealed
Rental giant Hertz reported losses of $392 million in just the first three months of 2024 - as it announces plans to sell another 10,000 depreciating EVs on the cheap.
Source: dailymail.co.uk
Hertz Global : Q1 2024 Transcript - MarketScreener
REFINITIV STREETEVENTS EDITED TRANSCRIPT HTZ.OQ - Q1 2024 Hertz Global Holdings Inc Earnings Call ...
Source: marketscreener.com
Hertz's Doomed Bet on 100,000 Teslas
-- In 2021, Hertz, a bankrupt car rental company, was taken over by two financial experts who decided to bet on electric cars by ordering 100,000 Tesla vehicles. This ambitious choice, initially seen...
Source: marketscreener.com