Hertz revealed during its Q3 Earnings Call on Tuesday that it is continuing to get thrashed by the massive electric vehicle purchase it made several years ago as the value of the EV fleet continues to depreciate. In October 2021, Hertz announced that it had bought 100,000 EVs from Tesla for $4.2 billion. It was … Continue reading Hertz continues to get thrashed by EVs, updates plans for massive fire sale