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Top related persons:
Hertz - 1 Tesla - 1 Stephen Scherr - 1 CNBC's Jim Cramer - 1 GM EVs - 1 Tesla's - 1 Scherr - 1 Tom Brady - 1
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New York City U.S EVs
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Hertz - 1 Hertz Corporation - 1 Nasdaq - 1 General Motors - 1 Honda Motor - 1 EV - 1 GM - 1

Search resuls for: "Hertz Corporation"


2 mentions found


☆ Hertz makes 'agile' decision to shift strategy and sell EVs, Teslas
  + stars: | 2024-01-14 | by ( Ian Thomas | ) www.cnbc.com   time to read: +4 min
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. "The reality of EVs and Tesla's being the best-selling car will, at some point, render them the best rental car," Scherr said. Hertz said it would be selling about 20,000 electric vehicles. Tesla's recent decision to lower the price of its vehicles also weighed into Hertz's decision given the impact on deprecation, Scherr added. Hertz had previously set a goal to have a quarter of its fleet be EVs by the end of 2024.
Persons: Hertz, Tesla, Stephen Scherr, CNBC's Jim Cramer, GM EVs, Tesla's, Scherr, Tom Brady, Dan Ives Organizations: Hertz, Hertz Corporation, Nasdaq, General Motors, Honda Motor, EV, GM Locations: New York City, U.S, EVs
☆ Stocks making the biggest moves premarket: Chegg, Baidu, Bed Bath & Beyond, Hertz and more
  + stars: | 2023-02-07 | by ( Sarah Min | ) www.cnbc.com   time to read: +3 min
The company gave first-quarter and full-year revenue guidance that was below analyst expectations, according to Refinitiv. Bed Bath & Beyond — Shares plunged 30% after Bed Bath & Beyond announced a public offering to raise roughly $1 billion. Hertz — Shares gained more than 4% after Hertz reported results that beat earnings per share and revenue expectations, according to FactSet. DuPont de Nemours — Shares declined 2% after DuPont de Nemours posted earnings results from its most recent quarter. Leggett & Platt — Shares fell more than 1% after Leggett & Platt reported disappointing earnings results, according to consensus expectations on FactSet.
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