You Searched For "Hertz" and got 20 results
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1 min read
Hertz's failed Tesla bet keeps getting worse as weak earnings challenge its stock
The rental-car giant fell as much as 12% on Tuesday after posting a deeper-than-expected loss.
Filip De Mott
2 mins read
TRAI recommends launch of THEA to boost 6G and next-gen wireless technologies in India
The Telecom Regulatory Authority of India (TRAI) has urged the government to launch the Tera Hertz …
ANI
2 mins read
Stock market today: Election rally stumbles as bond yields spike ahead of key inflation data
Bond yields spiked aggressively as investors awaited Wednesday's inflation data for October.
Filip De Mott
2 mins read
Hertz halts plan to buy 65,000 electric cars amid EV slump
The rental car giant is pausing plans to buy 65,000 electric cars from EV pioneer Polestar, accordi…
Tom Carter
1 min read
Famed short seller Andrew Left is back shorting GameStop years after taking a hit during meme-stock mania
The famed short-seller told Bloomberg he shorted the stock after he saw retail hero Keith Gill's la…
Jennifer Sor
2 mins read
Hertz's embrace of Teslas isn't going so well
Hertz is slowing down its rollout of electric vehicles, citing higher repair costs and depreciation…
Tim Levin
1 min read
Hertz says it's selling 20,000 EVs, in part because they're too expensive to repair
The car-rental giant said higher repair costs contributed to its decision to cut the fleet by a thi…
Graham Rapier
1 min read
Revlon falls 13% as blistering rally following the cosmetic company's bankruptcy filing loses steam
Revlon stock reversed course Thursday after retail investors drove a huge rally in an attempt to re…
Jennifer Sor
1 min read
I rented an EV from Hertz. I'm not surprised they're dumping 20,000 electric cars.
After that, it was my turn to pick up my Model 3. I thought the employee might find it amusing afte…
Nora Naughton
3 mins read
You can get a crazy good deal on a used Tesla from Hertz right now but know these risks
A slew of supercheap Teslas newly listed on Hertz's website as low as $20,000 might be too good to …
Nora Naughton
2 mins read
Revlon has soared 652% since it filed for bankruptcy as retail investors seek to replicate Hertz magic
"If executed effectively, Revlon could emerge from bankruptcy with a cleaner balance sheet and a be…
Matthew Fox
3 mins read
'Approaching maximum market negativity on EVs?' Here's what Wall Street expects from Tesla's 4th-quarter earnings report
Tesla produced a record 435,059 units last quarter, blowing past estimates on Wall Street. Demand f…
Jennifer Sor
2 mins read
Hertz's Chapter 11 restructuring plan has been confirmed by a bankruptcy court, paving the way for a $1 billion shareholder payout
The car rental giant said on Thursday its restructuring plan has been confirmed by a bankruptcy cou…
Emily Graffeo
2 mins read
Hertz: the original meme stock rises from the ashes of bankruptcy
At the start of the pandemic, Hertz became the original meme stock when day traders flocked to the …
Emily Graffeo
2 mins read
Hertz has emerged from bankruptcy. The original meme stock has surged more than 2,000% leading up to its exit from Chapter 11.
Hertz investors received more than $1 billion in value from the bankruptcy exit, in the form of $23…
Matthew Fox
3 mins read
Wall Street Bets was right: Hertz's bankruptcy auction will actually give shareholders a handsome payout - even after Wall Street decided the stock was worthless
Retail investors who bought Hertz last summer when even the company itself said its shares were "wo…
Emily Graffeo
2 mins read
Tesla falls 4% after Elon Musk warns it hasn't yet signed the Hertz contract for a record-breaking 100,000 orders
"If any of this is based on Hertz, I'd like to emphasize that no contract has been signed yet," Mus…
Shalini Nagarajan
1 min read
Bankrupt Hertz soars 68% after accepting a takeover bid that would give a rare payout to stock investors
According to The Wall Street Journal, the winning bid will pay current shareholders close to $8 a s…
Emily Graffeo
2 mins read
Tesla eclipses $1 trillion valuation after Hertz orders 100,000 Model 3 vehicles
Tesla is the fastest company on record to hit a $1 trillion valuation at 18 years, besting Alphabet…
Matthew Fox
2 mins read
Don't forget to check the 'frunk' in a rented EV! A Hertz customer found a slab of rancid meat in his Tesla.
As more car rental companies are increasing the number of EVs in their fleets, there are some featu…