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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. https://t.co/Wryee0aYea
— FORTUNE (@FortuneMagazine) April 28, 2024
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More EV disaster:
— Steve Milloy (@JunkScience) April 28, 2024
Hertz said it had increased the number of EVs it will let go of by 10,000 units, now planning to sell 30,000 of its purchased electric cars this year. In January, it said it would get rid of 20,000 units after it felt $245 million of incremental net… pic.twitter.com/AZpbcY4hrt
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weehingthong 