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The value of used EVs has dropped 33.7% between October 2022 and October 2023, even as the overall used car market dropped only 5.1%, according to data from iSeeCars. Hertz could, however, benefit ...
Hertz, in reporting an adjusted loss of $1.36 per share, wider than the $0.76 loss expected, was saddled with losses stemming from its decision to sell 20,000 Teslas, representing a third of its ...
Hertz announced in January that it would sell 20,000 of the cars in favor of gas-powered vehicles. The rental company couldn’t seem to outrun Tesla’s misfortunes. The rental company couldn’t ...
(Reuters) -Rental firm Hertz Global Holdings said on Thursday it would sell about 20,000 electric vehicles, including Teslas, from its U.S. fleet due to higher expenses related to collision and ...
Jan 11th 2024 at 9:07AM. 11. Hertz Global Holdings will sell about 20,000 electric vehicles (EVs) from its U.S. fleet, the rental firm said on Thursday, citing higher expenses related to collision ...
EV's already depreciate a lot faster than gas cars. A slew of used Teslas have hit the Hertz car sales website after the company announced Thursday it was selling off 20,000 EVs from its fleet ...
In 2021, Hertz made a big splash when it announced plans to buy 100,000 Teslas and greatly expand its fleet of EVs. That deal, which came just half a year after a $4.2 billion restructuring saved ...
Oct 25th 2021 at 8:40AM. 27. Tesla Model 3 / Image Credit: Drew Phillips. View 43 Photos. Hertz Global Holdings, barely four months out of bankruptcy, placed an order for 100,000 Teslas in the ...