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Hertz's decision to buy 100,000 Teslas for $4.2 billion in 2021 was hailed as a turning point for the EV industry, but the rental company's electric shift hasn't gone to plan.
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Shares of Tesla surged on Monday, with the Hertz deal expected to net the electric car maker more than $4 billion. Hertz shakes up rental market, says it will buy 100,000 Teslas for new electric fleet
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The rental car giant's shares are reliving a bit of their 2021 glory today. But recent troubles don't inspire confidence in the rally.
Hertz is a one-stop shop for American corporate shortcomings. Hertz is a one-stop shop for American corporate shortcomings. Skip to main content ... News. Science & Tech. Shopping. Sports.