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Analysis-Hertz's EV sale to fan cost concerns, dampen used-car market

Electric vehicles were already considered expensive and hard to repair. Now their image could take another hit as rental giant Hertz dumps 20,000 of them, including Teslas, for gas-powered cars. Hertz, the largest U.S. fleet operator of EVs, has blamed the sale on high repair costs and weak demand for the vehicles it offers on rent.

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Hertz, Tesla and the Perils of CEO Groupthink

Opinion: Electric vehicle production mandates, like Canada's, are so wrong on so many levels and could backfire

Putting aside waning consumer demand, here are four reasons why forcing manufacturers to pump out EVs is somewhere between wrong and outright loony

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Tesla Stock Is Being Sold by Almost Everyone. Cathie Wood Is Buying.

Tesla stock is having a lousy start to the year. Investors are worried about a few things.

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Transcripts for FOXNEWS Fox News Live 20240604 21:56:00

towards more gas powered cars to meet up with customer demands. if you look at the hertz website right now where they are selling some of these cars, some tesla s aren t listed for as low as $20000. hurts in their filing seems to indicate it comes down to money. to cost. ev s cost a lot more to repair those battery packs are extremely offensive. back in 2020 when hurts committed to buying 100,000 teslas to build up its ev fleets. but in 2022 in the beginning of 2023 the cost of tesla started to drop and now it is impacting cost for the rental car company. the hertz ceo said in an interview last week that earlier this week the demand for ev s is not happening as quickly as they expected and at a level that justifies keeping a fleet that large. hertz says the sale of these cars will bring in route

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