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Hertz, Tesla
Hertz Falls on Mounting Losses From Failed Bet on Tesla EVs
Hertz Global Holdings Inc. reported a worse-than-expected loss as the rental-car company continued to unwind a failed bet on electric vehicles that has pummeled earnings and the value of the cars in its fleet.
Hertz's failed Tesla bet keeps getting worse as weak earnings challenge its stock
Hertz shares plunged as much as 12% on Tuesday after the company turned in its fourth quarterly loss in a row. The earnings report highlighted the car-rental giant's inability to shake off a failed bet on Tesla vehicles.
Hertz misses estimates as losses mount from failed Tesla bet
Hertz Global Holdings Inc. reported a worse-than-expected loss as the rental-car company continued to unwind a failed bet on electric vehicles that has pummeled earnings and the value of the cars in its fleet.
An all-new 650 hp Cadillac, Hertz is selling off more EVs, and something weird at Tesla
An all-new 650 hp Cadillac, Hertz is selling off more EVs, and something weird is going on at the Tesla powerwall plant.
5h
on MSN
Hertz staff abandoned post at Syracuse airport, so people just took random cars (report)
Passengers wait in long lines at Syracuse's Hancock International Airport on Friday morning, July 19. 2024 after a technology ...
2d
on MSN
Hertz posts wider-than-expected loss due to high depreciation costs
(Reuters) -Rental car firm Hertz Global reported a wider-than-expected third-quarter loss and missed revenue estimates on ...
1d
on MSN
Hertz Customers Take Matters Into Own Hands After Workers Ditch Airport Counter
When employees walked out hours before their shifts ended, stranded travelers (including Denver's mayor) jumped into random ...
2d
on MSN
Why Hertz Stock Tumbled and Then Recovered Today
Hertz Global Holdings (NASDAQ: HTZ) stock initially tumbled Tuesday by as much as 11.9% after the car rental giant posted a ...
2d
on MSN
Hertz Posts Weaker-Than-Expected Quarterly Results, Shares Fall
(Reuters) - Hertz Global reported a wider-than-expected third-quarter loss and missed revenue estimates on Tuesday, hurt by ...
Marketplace
3d
Hertz earnings hit by wariness over EVs
Hertz
reported some rough earnings Tuesday. Revenue was down 3.8% from the same time last year, and it had to write down ...
12h
Hertz Global Holdings Third Quarter 2024 Earnings: Misses Expectations
Revenue missed analyst estimates by 3.8%. Earnings per share (EPS) also missed analyst estimates significantly. Looking ahead ...
Electrek
2d
Expect more cheap Tesla vehicles from Hertz as the selloff continues
Hertz says that it will continue to sell Tesla vehicles and other EVs in masse through 2025 as it is hit by massive ...
1d
Denver Mayor, 20-Plus Other Customers Find Deserted Hertz Location, Take Whichever Cars Have Keys
Mayor Mike Johnston and several other customers found the counter abandoned, so they took matters into their own hands.
3d
Hertz Employee Pulls Another Bonehead Move
You can't forget about Hertz going "all-in" on electric vehicles, which nobody wanted to rent, resulting in massive losses ...
10h
A TikToker got charged $10K for driving 25K miles in an ‘unlimited mileage’ rental — how to avoid the same mishap
DIXON, Mo. — A teacher for the Dixon School District was arrested by law enforcement on Tuesday, Nov. 12 on 19 charges, ...
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