Bloomberg says Hertz has lost its bet on Tesla electric vehicles
Bloomberg says Hertz has lost its bet on Tesla electric vehicles
In a bold attempt to recover from bankruptcy, Hertz, the car rental company, has placed a colossal bet on Tesla electric vehicles. This investment, which was supposed to mark a turning point in the car rental industry, initially appeared to be a masterstroke. However, according to an article by Erik Schatzker and David Welch of Bloomberg dated 3 April 2024, things didn’t turn out as planned.
A Promising Start …