Hertz Has a Loss on Its EV Fleet. Blame Tesla Pricing Decisions.
The rental car giant is selling 20,000 EVs and will lose about $245 million on the sale. The stock is down.
Source: marketwatch.com
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What's the best way to invest in the S&P 500?
The merits of an equal-weight S&P 500 fund compared to a cap-weighted fund
Source: marketwatch.com
Hertz to Sell One-Third of EV Fleet Amid Low Demand
By Ben Glickman Hertz Global Holdings will sell about one-third of its global electric vehicle fleet after seeing weaker demand for its electrified rentals....
Source: marketwatch.com
Hertz cites weak demand, high damage costs in decision to downsize EV fleet
EV demand remains weak and collision and damage costs are high.
Source: marketwatch.com
Hertz's Retreat from EVs Looks Bearish for Tesla. How Avis Avoided the Mess.
The car-rental company Hertz is cutting its fleet of EVs by about one-third.
Source: marketwatch.com