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Hertz's failed Tesla bet keeps getting worse as weak earnings challenge its stock
So far, Hertz's stock is down nearly 69% year-to-date. In the third quarter, revenue dropped 5% to $2.6 billion. Vehicle de
Hertz Falls on Mounting Losses From Failed Bet on Tesla EVs
Hertz Global Holdings Inc. reported a worse-than-expected loss as the rental-car company continued to unwind a failed bet on electric vehicles that has pummeled earnings and the value of the cars in its fleet.
Hertz Stock Slides After Posting Weak Q3 Earnings: 'Still Work To Be Done ... We Are On The Right Track'
Hertz Global Holdings Inc. (NASDAQ: HTZ) shares are trading lower Tuesday after the company reported third-quarter earnings that fell short of analyst expectations. Here's what you need to know.
An all-new 650 hp Cadillac, Hertz is selling off more EVs, and something weird at Tesla
An all-new 650 hp Cadillac, Hertz is selling off more EVs, and something weird is going on at the Tesla powerwall plant.
23h
on MSN
Hertz posts wider-than-expected loss due to high depreciation costs
Earlier this year, the company said it would slim down its vehicle inventory, with a sale of about 30,000 electric vehicles ...
15h
Denver Mayor, 20-Plus Other Customers Find Deserted Hertz Location, Take Whichever Cars Have Keys
Mayor Mike Johnston and several other customers found the counter abandoned, so they took matters into their own hands.
2d
Hertz Employee Pulls Another Bonehead Move
You can't forget about Hertz going "all-in" on electric vehicles, which nobody wanted to rent, resulting in massive losses ...
1d
on MSN
Hertz Posts Weaker-Than-Expected Quarterly Results, Shares Fall
(Reuters) - Hertz Global reported a wider-than-expected third-quarter loss and missed revenue estimates on Tuesday, hurt by ...
Electrek
1d
Expect more cheap Tesla vehicles from Hertz as the selloff continues
Hertz says that it will continue to sell Tesla vehicles and other EVs in masse through 2025 as it is hit by massive ...
Marketplace
2d
Hertz earnings hit by wariness over EVs
Hertz
reported some rough earnings Tuesday. Revenue was down 3.8% from the same time last year, and it had to write down ...
Investopedia on MSN
1d
Hertz Results Hit by $1B Impairment Charge
Hertz
Global Holdings reported a wider-than-expected third-quarter loss Tuesday. The company reported a non-cash asset ...
13h
Cautious Sell Rating for Hertz Global Due to Underperformance and Financial Concerns
John Babcock, an analyst from Bank of America Securities, maintained the Sell rating on Hertz Global (HTZ – Research Report). The ...
2d
Hertz (HTZ) Reports Earnings Tomorrow: What To Expect
Global car rental company Hertz (NASDAQ:HTZ) will be reporting earnings tomorrow before market hours. Here’s what to look for ...
18h
on MSN
Hertz Customers Take Matters Into Own Hands After Workers Ditch Airport Counter
When employees walked out hours before their shifts ended, stranded travelers (including Denver's mayor) jumped into random ...
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