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Another Blow To Tesla? Hertz's EV Disposal Plan Jumps By 10K As Car-Rental Company Aims For 95% Gas-Powered Fleet By Year-End
Friday, April 26, 2024 - 4:46am | 468Read More...Car rental company Hertz Global Holdings (NASDAQ:HTZ) is now looking to remove 30,000 electric vehicles from its fleet, significantly higher than the number announced earlier this year. What Happened: Earlier this year, Hertz announced that it is looking to reduce its EV fleet by 20,000 units...
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Hertz's Mega Tesla Gamble Backfired Due To Sky-High Repair Costs, Unusually High Accident Rates And Customers' Charging Anxiety, Report Reveals
Friday, April 5, 2024 - 7:24am | 879Read More...In a bold move aimed at disrupting the car rental industry three years ago, struggling Hertz Global Holdings (NASDAQ:HTZ) placed a massive order for 100,000 Teslas, betting big on electric vehicles (EVs). However, a new report sheds light on the reasons behind the strategy...
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Why This Avis Budget Analyst Remains Bearish Despite Positive Third Quarter Earnings
Tuesday, November 1, 2022 - 6:28pm | 477Read More...Due to a surprisingly low $10 a unit per month depreciation figure, Avis Budget Group Inc (NASDAQ: CAR) beat its consenus adjusted EBITDA estimates by 32%. The Analyst: Morgan Stanley analyst Adam Jonas reported there was a race between falling share count and falling...
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Avis Budget Group Options Rocket Over 28,000%: What Investors Should Know
Tuesday, November 2, 2021 - 5:30pm | 319Read More...One of the most talked-about stocks during Tuesday’s trading session was Avis Budget Group Inc. (NASDAQ: CAR). Investors who bought in early on the stock Tuesday saw shares surge. Options traders fared even better. What Happened: Rental car company Avis reported earnings per share of $10.74...
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Investors Sell Hertz Shares Following Q1 Warning
Monday, April 11, 2016 - 8:42am | 259Read More...Shares of Hertz Global Holdings Inc (NYSE: HTZ) plunged more than 8 percent early Monday morning after the company provided an update to its outlook. Hertz Global said it expects its first quarter and full year U.S. car rental revenue and consolidated first-quarter earnings per share to be lower...
