Hertz Hurting On Tesla’s Price Cut Spree

Hertz Global Holdings Inc. (NASDAQ: HTZ) reported earnings yesterday that fell short of expectations, primarily due to several challenges it encountered, including price cuts by Tesla and the elevated repair costs associated with electric vehicles (EVs). Tesla’s aggressive price reductions aimed at boosting sales have had a significant impact on the resale value of EVs … Continue reading Hertz Hurting On Tesla’s Price Cut Spree