Hertz continues to feel EV losses, plans to dump more from its fleet
Teslarati
APRIL 25, 2024
Hertz ( NASDAQ: HTZ ) reported its earnings for the first quarter of 2024 today, announcing that it is continuing to lose money on its electric vehicle investment and plans to dump even more EVs from its fleet. Hertz said it incurred a $195 million charge to vehicle depreciation to write down the EVs held for sale. Tesla inks $4.2B
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