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Hertz’s failed bet on EVs is turning out to be a great thing for the savvy used-car buyer. Thanks to an ill-fated plan that included buying a fleet of 100,000 Teslas right after emerging from ...
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 ...
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 said in April 2022 that it would buy up to 65,000 EVs over five years from Polestar, months after the rental car firm decided to order 100,000 Tesla vehicles by the end of 2022.
Hertz, reeling from a bankruptcy and the pandemic, announced plans to buy 100,000 Teslas in late 2021. The splashy move certainly helped Elon Musk’s electric-vehicle maker, which saw its market ...
Hertz had said it would order 100,000 Tesla vehicles by the end of 2022 and followed that with a decision to buy up to 65,000 units over five years from Polestar. ... The car rental firm is ...
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 ...
In 2021, Hertz announced that it was going to order 100,000 electric vehicles from Tesla by the end of 2022. Turns out the car rental company is far from being able to reach that number still, and ...
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