Tesla Price Cuts Are Hurting Hertz Stock

Hertz stock value tumbled some fifteen percent Thursday morning, following the company’s third quarter reporting, showing missed earnings estimates largely due to Tesla’s recent price cuts. Hertz has invested in an electric car portfolio of rental cars, including 35,000 Tesla models. With Tesla cutting thousands off…Read more...

  Car Talk, Autos   Oct 26, 2023   0   52  Add to Reading List
Tesla Price Cuts Are Hurting Hertz Stock

Hertz stock value tumbled some fifteen percent Thursday morning, following the company’s third quarter reporting, showing missed earnings estimates largely due to Tesla’s recent price cuts. Hertz has invested in an electric car portfolio of rental cars, including 35,000 Tesla models. With Tesla cutting thousands off…

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