Hertz Global Holdings, Inc. (HTZ)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD

Add to watchlist

4.6800

-1.1200

(-19.31%)

At close: 04:00PM EDT

4.7297

+0.05

(+1.06%)

After hours:

07:53PM EDT

Loading interactive chart...

Yahoo Finance
Hertz loses another $200 million from its EVs
Car-rental operator Hertz reported it lost another $200 million due to its EV gamble.
Fortune
Hertz is done gambling with EVs: It took a first-quarter $195 million hit on Teslas that just keep losing value and can’t sell them fast enough
Three years ago, investing in a fleet of 100,000 is what helped the car rental company emerge from bankruptcy.
Reuters
Hertz Global eyes worst day on record as EV rental business falters
Higher repair costs also weighed on the company's overall fleet maintenance expenses. Excluding items, Hertz reported a loss of $1.28 per share, well above Wall Street's expectations of a loss of 44 cents per share. Both Hertz and Avis have lost about half of their market value this year.