Hertz is a big company that rents cars to people. They had many electric cars, which use less gas and are better for the environment. But they found out that these electric cars were expensive to fix when they broke. So now Hertz wants to get rid of most of their electric cars and have more regular cars that use gas. This is bad news for Tesla, a company that makes electric cars, because Hertz was one of their customers. Read from source...
- The title of the article is misleading and sensationalized. It implies that Hertz's decision to dispose of more EVs is a negative blow to Tesla, when in reality it has no direct impact on Tesla's business or stock price. The author should have used a more neutral and factual title, such as "Hertz Increases Electric Vehicle Disposal Plan By 10K As It Aims For Higher Gas-Powered Fleet".
Do you want to know what I think about Tesla and Hertz's situation? Let me tell you, it is not looking good for either of them. Here are my reasons why: