A Hertz Tesla electric vehicle is displayed during the Hertz Corporation IPO at the Nasdaq Market site in Times Square in New York City, U.S., November 9, 2021. Brendan Mcdermid | Reuters Hertz surprised many onlookers last week when the car-rental company announced it would be selling about a third of its global electric vehicle … Read more
Photo: Joe Raedle (Getty Images) When travel bans lifted and the activities of the world resumed in the wake of the COVID-19 pandemic, the folks who had been confined to their homes were eager to hit the road — and they haven’t stopped. This year, the car rental industry earned a record-breaking $38.3 billion, according … Read more
Image: Sixt Tesla dramatically dropping the retail prices of its electric vehicles has perhaps been a boon for some of its customers, but the fleet buyers have found the move a bit unnerving. Following the news that Hertz would slow its purchases from Tesla, German competitor Sixt is going a step further, discontinuing purchases of … Read more
