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The Latest Breaking News from Hertz

You can now buy a used Tesla for just $21,000 thanks to Hertz’s fire sale

Hertz’s ill-fated bet on EVs has led to attractive prices for car buyers.

Fortune

Hertz sells off Tesla fleet at discounted price as EV sales slump

Car rental giant Hertz is selling Tesla models for as low was $25,000.

The Street

Delta Amex limited time offers: up to 110,000 SkyMiles for new cardholders

Big changes coming to the Delta Amex suite of credit cards. Here's what you need to know.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

Tesla rushing to give rental companies big discounts amid plunging EV resale values

Tesla's price war with China is hitting European rental companies in the same way it did Hertz in the U.S.

Fortune

Brickbats: June 2024

News of politicians, police, and bureaucrats behaving badly from around the world.

Reason

WEC Spa: Jota Porsche claims maiden outright win in crash-delayed race

Will Stevens and Callum Ilott secured the first customer victory of the Hypercar era for Jota in a 1-2 for the Porsche 963 LMDh, finishing 12.363s ahead of the factory #6 Penske Porsche Motorsport entry shared by Laurens Vanthoor, Andre Lotterer and Kevin Estre.

Autosport

Hertz charged a loyal customer a $277 surcharge for gas in a Tesla rental

The rental company is in contact with the customer to refund the charge.

The Street

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Hertz To Sell Off Even More EVs As Depreciation Losses Mount

Hertz announced more losses to its EV division, but the rental giant's losses can be your gain if you're shopping electric and want to save a buck.

InsideEVs

The fall of O.J. Simpson, as seen on TV

Simpson used TV to cultivate his celebrity. Our enthusiasm to watch his undoing changed the medium forever

Salon

OJ Simpson obituary

Former American footballer and actor who was acquitted of the murder of his former wife, Nicole Brown, and her companion, Ron Goldman, in the 1995 ‘trial of the century’

The Guardian - UK

Airline, travel companies face Chapter 11 bankruptcy, default risk

New data from Creditsafe shows that three big-name brands face significant cash issues.

The Street

Brickbat: Passing the Buck

The New York City government is refusing to reimburse Adam and Elizabeth Rizer for the loss of their car, which was totaled during a police chase. An officer was pursuing a suspected stolen vehicle when the officer's vehicle, with its lights flashing, T-boned a Hertz rental car in an intersection.…

Reason

EVs won over early adopters, but mainstream buyers aren't along for the ride yet

Sales of electric vehicles were increasing rapidly ... until they weren't. The auto industry is still looking ahead toward an EV future, but worries that moving too fast would hurt the bottom line.

WEKU

Hertz Still Hurts From EV Investment, Backtracks On Polestar Buying

Today on Critical Materials: Hertz to halt Polestar purchase, Pete Buttigieg is angry people are abusing Apple's new AR headset, and Aptera deliveries imminent.

InsideEVs

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InsideEVs

So You Want To Buy One Of Hertz’s Cheap Used Teslas. Should You?

Here, we examine a less-than-perfect example to learn what a consumer might be in for with a used one.

Top News

Hertz to sell 20,000 electric cars, shifts focus to gas vehicles

Discover the reality behind Hertz's decision to sell 20,000 electric cars and reinvest in gas vehicles. Explore the challenges and limitations of the EV in...

The Street

Key analyst calls rental car giant's Tesla dump a miscalculation

Rental car giant Hertz is selling about 20,000 Teslas to reinvest in gas-powered cars.

Investors Business Daily

Stock Market Rally Rebounds; Nvidia, Tesla, JPMorgan, Bitcoin ETFs In Focus: Weekly Review

The stock market rally rebounded this week with Nvidia leading the charge. Bitcoin ETFs launched, while Tesla fell on news.

InsideEVs

Hertz Is Walking Back A Big Bet On EVs. Here's What's Really Going On

Hertz is cutting a third of its EV rental car fleet and replacing it with gas-powered cars. But the real issue goes deeper than you think.

Investors Business Daily

Dow Jones Futures Fall Amid Big Earnings, Surging Oil Prices; Tesla Cuts Prices

Dow Jones futures fell Friday amid big earnings from JPMorgan and more, while oil prices spiked on Mideast fears. Tesla cut China prices.

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