Tesla price cuts hinder Hertz earnings as it misses profit estimates
Tesla’s price cuts throughout the third quarter provided challenges for rental company Hertz (NASDAQ: HTZ), who adopted the electric automaker’s vehicles in 2021 for its fleet. The swings in pricing hindered Hertz’s Q3 earnings report, as it missed profit estimates. Hertz said it would slow down EV adoption while it learns to manage costs, CEO … Continue reading Tesla price cuts hinder Hertz earnings as it misses profit estimates
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