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Hertz Global Holdings

Tesla Lost Almost $100 Billion In Valuation So Far This Year

by Horatio Thompson
Tesla Lost Almost 0 Billion In Valuation So Far This Year

Good morning! It’s Tuesday, January 16, 2024, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are …

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Elon Musk’s Tesla loses US$94 billion in market valuation as winter sets in for global electric vehicle market

by Anas Siddiqui
Elon Musk’s Tesla loses US billion in market valuation as winter sets in for global electric vehicle market

Tesla had a blockbuster 2023, as its shares more than doubled in 12 months. But 2024 is starting on a different note, with Elon Musk’s electric vehicle (EV) maker off …

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Hertz Is Getting Rid Of 20,000 EVs

by Horatio Thompson
Hertz Is Getting Rid Of 20,000 EVs

Happy Friday! It’s January 12, 2024, and this is The Morning Shift — your daily roundup of the top automotive headlines from around the world, all in one place. Here …

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Rental Company Sixt Will Begin Dumping Tesla Fleet Due To Repair Costs

by Horatio Thompson
Rental Company Sixt Will Begin Dumping Tesla Fleet Due To Repair Costs

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 …

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Hertz Tesla Rental Fleet Costs Company On Depreciation, Repairs

by Horatio Thompson
Hertz Tesla Rental Fleet Costs Company On Depreciation, Repairs

Hertz stock value tumbled some fifteen percent Thursday morning, following the company’s third quarter reporting, showing missed earnings estimates largely due to Tesla’s recent price cuts. Hertz has invested in …

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