Hertz's Electric Vehicle Dumping Signals Shift Away from EVs
TL;DR Summary
Hertz's decision to sell off a large portion of its Tesla fleet at discounted prices signals potential challenges for the electric vehicle market, as the rental company's financial struggles prompt a fire sale that could flood the used car market with discounted EVs, impacting both new and used car sales.
- Hertz's Tesla Fire Sale Portends EV Reckoning No One Wants Bloomberg
- Selling part of Tesla fleet is a 'black eye for Hertz', says Wedbush's Dan Ives CNBC Television
- Hertz is selling 20,000 electric vehicles to buy gasoline cars instead CNN
- White House praised Hertz for 'accelerating the EV transition' months before company began dumping EVs Fox Business
- Hertz is ditching 20,000 electric cars, citing expensive repairs. Autoblog
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