Hertz CEO Steps Down after Catastrophic EV Losses

by Eric Worrall at wattsupwiththat.com Buy Electric, lose your job? CEO steps down after being hit with expensive EV repairs and low resale prices following purchase of 100,000 Teslas. BY ERIK SCHATZKER, DAVID WELCH, SRIDHAR NATARAJAN AND BLOOMBERGMarch 16, 2024 at 10:06 AM GMT+10 Hertz Global Holdings Inc. is replacing its chief executive officer in the wake of a disastrous bet […]