By Joey Klender Posted on March 18, 2024 Hertz CEO Stephen Scherr has decided to step down following the rental firm’s big bet on Tesla and other EVs went awry, as the debacle cost the company big. Hertz announced on Friday that Scherr would leave his post as CEO and a member of the Board …
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By Joey Klender Posted on January 11, 2024 Hertz announced on Thursday in a regulatory filing with the SEC that it has made a “strategic decision” to slash its electric vehicle fleet by 20,000 vehicles. In the filing, Hertz said the figure is roughly one-third of its global EV fleet. “These vehicle dispositions, which were …
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By Zachary Visconti Posted on January 9, 2024 Hertz is selling off some of its Tesla models that were formerly rentals, and the vehicles are currently available at some pretty low prices. As part of the Rent2Buy vehicle sales program on its website, Hertz has listed hundreds of its early Tesla rentals for sale at …
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