Hertz Global Holdings Inc's rental fleet has less than half the number of Tesla cars it planned to order in 2022, its regulatory filing showed on Tuesday.
Hertz's fleet in the Americas peaked at 428,700 vehicles for the year ended Dec. 31, 2022, of which 11% were Tesla cars, the filing showed. The company had an additional 1,187 Teslas in its international fleet.
That implies the company's fleet has 48,344 Tesla EVs, or less than half of the 100,000 electric cars the company decided to order from the automaker by the end of 2022.in market value in 2021. However, after a year of slowing demand for cars, supply chain disruptions and Elon Musk's Twitter distraction, the company's market capitalization stands at $616.24 billion as of last close.Latest Updates
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Stocks making the biggest moves midday: Chegg, Hertz and Oak Street HealthThese are the stocks posting the biggest moves during midday trading.
Read more »
Hertz forecasts upbeat revenue after profit tops on strong rental car demandHertz Global Holdings Inc said on Tuesday it expects revenue to rise sequentially in the second and third quarters of this year on the back of strong demand for rental cars in the face of economic worries.
Read more »
Teslas Have A Hidden Safety Trick To Shut Down The High-Voltage System | CarscoopsBesides the special cable under the bonnet, there is a second location in the rear window, allowing first responders to disengage the high voltage system
Read more »
DCG Is Selling Holdings in Grayscale: Financial TimesThe Digital Currency Group (DCGco) has started selling holdings in Grayscale, according to a Financial Times report citing U.S. Securities Filings. By Amitoj
Read more »
Global stocks sink after US jobs data fan rate hike fearsGlobal stock markets and Wall Street futures are lower after strong U.S. jobs data fanned fears of more interest rate hikes to cool inflation.
Read more »
Accenture's global strategy chief on what marks the energy transition's leaders and laggardsWhat makes a energy-industry leader? Accenture's global strategy chief on the defining traits
Read more »