Anti-EV pundits are using Hertz’s announcement that it plans on selling off a third of its EVs as proof that no one wants an EV. But, who cares what they think? If you’re like me, you’re probably ...
It has been a rough ride for shareholders of Hertz Global Holdings (NASDAQ: HTZ). Over the past five years, shares are down more than 79%, including a nearly 43% loss since the stock’s one-year high ...
Hertz's bankruptcy took a turn for the better when the used car market became hot. The company was able to emerge from Chapter 11 with a growth plan focused on EVs and AI. Is Hertz moving too fast for ...
Hertz Global is slowing down the pace by which it adds battery electric vehicles to its fleet, executives said on a third-quarter earnings call on Thursday. The rental car company cited Tesla's price ...
Hertz's revenue is stable, but net income is volatile due to failed EV bets, high debt, and fleet depreciation write-downs. The company's turnaround relies on achieving lower vehicle depreciation per ...
Hertz emerged from Chapter 11 bankruptcy in 2021 with the help of creditors, shareholders, and new investors. The company eliminated over $5 billion of debt to emerge from bankruptcy. Today, Hertz is ...
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