Why Hertz’s Bet On Tesla Isn’t Paying Off In The U.S.
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Why Hertz’s Bet On Tesla Isn’t Paying Off In The U.S.
In October 2021, Hertz publicly announced it intended to buy 100,000 Tesla vehicles. Newly emerged from bankruptcy, Hertz had a bold plan to lead the EV revolution in car rental. Shares of Hertz soared, as did Tesla’s - its market value hit $1 trillion. First mover advantage aside, it would help Hertz distinguish itself in an industry plagued ...
1.9M viewsDec 29, 2023
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