Hertz Stock Plunges 19% as It Continues to Lose Money on Ill-Fated Tesla EV Plan
Hertz(HTZ) Investopedia·2024-04-26 06:25
Key Takeaways Hertz Global Holdings announced it was cutting its EV fleet by another 10,000 and took a 588 million increase in vehicle depreciation, leading to a per-share loss that was more than double estimates. In January, the company took a 195 mi ...