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Hertz's failed Tesla bet keeps getting worse

Markets Insider on MSN · 11h

Hertz's failed Tesla bet keeps getting worse as weak earnings challenge its stock

Hertz shares plunged as much as 12% on Tuesday after the company turned in its fourth quarterly loss in a row. The earnings report highlighted the car-rental giant's inability to shake off a failed bet on Tesla vehicles.

Hosted on MSN · 15h

Hertz Falls on Mounting Losses From Failed Bet on Tesla EVs

The electric vehicle push tipped the company into crisis starting in the second half of 2023, when Tesla EV prices plummeted and left ... leased them at lower rates compared to conventional vehicles. Hertz’s business was slightly weaker in the quarter.

Detroit News · 14h

Hertz misses estimates as losses mount from failed Tesla bet

Hertz Global Holdings Inc. reported a worse-than-expected loss as the rental-car company continued to unwind a failed bet on electric vehicles that has pummeled earnings and the value of the cars in its fleet.

Tesla, Trump and Elon Musk

The Washington Post · 6d

Tesla shares soar more than 14% as Trump win is seen boosting Elon Musk's electric vehicle company

Shares of Tesla soaring after an election that will send Donald Trump back to the White House, an outcome that has been strongly backed by CEO Elon Musk in the closing months of the race

NBC News on MSN · 1d

Elon Musk is $70 billion richer since Trump victory due to Tesla stock surge

Elon Musk spent $44 billion to buy Twitter, now known as X, and at least $130 million to help get Donald Trump elected president.

Markets Insider on MSN · 1d

Tesla short-sellers have lost $8 billion since Donald Trump's election win

Investors betting against Tesla have lost $7.8 billion since Donald Trump's election win last week. That's according to data from S3 Partners, which told Business Insider in an email that on Monday that Tesla short-sellers are reeling from the electric vehicle maker's 38% post-election surge.

8hon MSN

Why Tesla Stock Was Pulling Back Today

After a dramatic bull run following the election of Donald Trump last week, Tesla ( TSLA -6.15%) shares are finally cooling ...

Four People Killed in Crash-Induced Tesla Fire

Harper said there were no emergency vehicles on site yet and that several cars ... of the fire is directly linked to the ...

2hon MSN

VW launches $5.8bn tie-up with Tesla rival Rivian

Volkswagen Group (VW) and Tesla rival Rivian have launched a joint venture, with the German car giant increasing its ...

1d

Tesla Cybertruck modifications upgrade EV to a sci-fi police vehicle

A host of mods for the electric Tesla Cybertruck has now been perfectly packaged for first responders and police departments.

Hosted on MSN18h

Tesla achieves major milestone with its Supercharger network: 'The most extensive and reliable charging network in America'

This is great news for the electric vehicle community. Tesla achieves major milestone with its Supercharger network: 'The ...

The Associated Press on MSN2d

US agency says Tesla's public statements imply that its vehicles can drive themselves. They can't

The U.S. government's highway safety agency says Tesla is telling drivers in public statements that its vehicles can drive ...

15h

Tesla’s Strategic Growth and Market Positioning: A Bullish Outlook Influenced by Musk’s Role and Future Diversification

Adam Jonas, an analyst from Morgan Stanley, maintained the Buy rating on Tesla (TSLA – Research Report). The associated price target ...

CarExpert.com.au on MSN2h

Four dead after being trapped inside burning Tesla

Tesla's electronic door releases are being listed as a reason why four occupants were trapped in a burning Model Y.

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