Hertz CEO Leaves After Buying 100,000 Teslas
The Truth About Cars
MARCH 19, 2024
But few are notable as the debacle at Hertz, a company which most gearheads know decided to buy tens of thousands of electric vehicles only to bin them at severely subvented prices. This flood of product on the used car market surely didn’t help valuations of the things, though nor did Tesla itself during a round of its own price cuts.
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