24/7 Wall St. on MSN3h
Hertz (HTZ) Made an Interesting Decision to Light Billions on Fire
Hertz Global Holdings Inc. (NASDAQ: HTZ) is taking a $3 billion charge in 2024 after selling off 30,000 Tesla Inc. (NASDAQ: TSLA) vehicles at steep discounts. The oversupply of used Teslas could ...
TopSpeed on MSN3d
Rental Company Hertz Lost Billions On Its Tesla Gamble
Despite these advantages, though, electrics are still not a perfect transportation solution, far from it, in fact, as Hertz has come to learn the hard way. Used Teslas from Hertz are selling for well ...