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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 | 879In 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...