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Hertz is done gambling with EVs: It took a first-quarter $195 million hit on Teslas that just keep losing value and can’t sell them fast enough

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Hertz is done gambling with EVs: It took a first-quarter $195 million hit on Teslas that just keep losing value and can’t sell them fast…


Hertz 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 increases in rental car demand, Hertz said it’s been bruised by its fleet of electric vehicles—made up primarily of…

#hertz #evs #tesla #gilwest #elonmusk #certaresmanagement #markfields #stephenscherr #generalmotors #danielives

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