Hertz Global Holdings Inc. ended last year with far fewer Tesla Inc. vehicles in its fleet than planned when the rental-car company was plotting its late 2021 stock listing. In an annual regulatory ...

The car rental firm said last week it's buying 100,000 Tesla vehicles. A Hertz spokesperson told Insider that deliveries from the order have already begun. Tesla CEO Elon Musk said Monday night that ...

Hertz stock value tumbled some fifteen percent Thursday morning, following the company's third quarter reporting, showing missed earnings estimates largely due to Tesla's recent price cuts. Hertz has ...

Hertz Global Holdings Inc. HTZ said Thursday it is selling about 20,000 electric vehicles from its fleet, including many Tesla Model S sedans. The move is aimed at better balancing supply and expected ...

Hertz bought a bunch of Tesla Model 3s for its rental fleet and quickly realized that Tesla depreciation would be extra bad at scale. In an aggressive effort to sell off its remaining Tesla inventory, ...

Hertz EV depreciation has increased by 89%, reaching $537 per car, per month The car rental agency is committed to selling off 30,000 of its EVs by the end of 2024 Used car buyers can snag one of ...

Shares of Hertz and Tesla declined Thursday after the car-rental company pulled back from its EV push. Hertz said it will sell about 20,000 electric vehicles and buy more internal-combustion-engine ...