Hertz is a big car rental company. They had many electric cars made by Tesla, but now they want to sell them at lower prices because it costs more to fix them if they get damaged. This way, people who don't mind used cars can buy a Tesla for less money than before. Hertz thinks this will help them make more money. Read from source...

- The title is misleading and sensationalized. It implies that Hertz is selling Tesla cars at a huge discount because they are backing off from EVs, which is not the case. Hertz still has a large fleet of EVs and only plans to reduce the growth rate of their EV purchases in the next year.
- The article does not provide any evidence or data to support the claim that EVs have higher collision and damage repair costs than traditional vehicles. This is a common myth that has been debunked by multiple studies, which show that EVs are actually cheaper and easier to maintain than gas cars in terms of repair and maintenance costs.
- The article also does not explain how the decline in MSRP affects Hertz's EBITDA or fair market value of their EVs. This is a complex issue that depends on many factors, such as depreciation rates, residual values, tax credits, demand elasticity, etc. The article should provide more details and analysis on how Hertz calculates its EBITDA and fair market value for its EVs and compare it with the traditional vehicles.
- The article uses emotional language and tone, such as "scale back", "negatively affecting", "larger losses", etc., to convey a negative sentiment towards EVs and Hertz's decision. This is not objective or fair journalism. It also ignores the positive aspects of EVs, such as environmental benefits, customer satisfaction, innovation, etc.
- The article ends with a random advertisement for Benzinga's Future Of Mobility coverage, which has nothing to do with the main topic of the article. This is a blatant attempt to generate revenue from clicks and distract the readers from the lack of substance in the article.

- Invest in Tesla (TSLA) stock, as it is undervalued compared to other EV makers and has a loyal customer base. TSLA's price may drop further due to Hertz's decision to scale back its EV fleet, but this presents an opportunity for long-term investors to buy at a discount and benefit from the growth potential of the EV market.
- Avoid investing in traditional automakers who are struggling to compete with Tesla and other EV makers in terms of technology, innovation, and customer loyalty. They may face further losses as demand for gasoline vehicles declines and they have to invest more in developing electric and autonomous vehicles.
- Be cautious about investing in other EV makers who are not Tesla, such as Rivian or Lucid Motors, as they may face similar challenges as traditional automakers in terms of scalability, profitability, and market share. They also have higher competition from established players like Ford, GM, and Volkswagen who are entering the EV segment with more affordable and accessible models.
- Consider investing in companies that provide charging infrastructure, battery technology, or renewable energy solutions, as they may benefit from the increasing demand for EVs and the need to reduce greenhouse gas emissions and dependence on fossil fuels. Examples include ChargePoint, Blink Charging, Enel X, CATL, and Panasonic.