Hertz Orders 100k Teslas

[BreatheUT]

Hertz CEO Out As Firm Seeks Traction After Big EV Bet Goes Bust

CEO Stephen Scherr's barely two-year ride with Hertz came to a screeching halt on Friday. In his wake, he leaves a company still working to recover from a big bet on electric vehicles gone bad. It will do so under new CEO Gil West, whose previous posts include executive roles at Delta Air Lines and the Cruise unit of General Motors.

Scherr, who came on board in February 2022 after 30 years at Goldman Sachs, ushered the company through its emergence from bankruptcy. Hertz's EV push began in the previous year, with a splashy move to order 100,000 Tesla Model 3 vehicles. After taking the reins of the Estero, Florida-headquartered company, Scherr doubled down on the green vision, committing to purchased another 65,000 EVs from Polestar, a Swedish company.

The Biden plan is working.

 

[Grand Vol]

Hertz CEO Out As Firm Seeks Traction After Big EV Bet Goes Bust

CEO Stephen Scherr's barely two-year ride with Hertz came to a screeching halt on Friday. In his wake, he leaves a company still working to recover from a big bet on electric vehicles gone bad. It will do so under new CEO Gil West, whose previous posts include executive roles at Delta Air Lines and the Cruise unit of General Motors.

Scherr, who came on board in February 2022 after 30 years at Goldman Sachs, ushered the company through its emergence from bankruptcy. Hertz's EV push began in the previous year, with a splashy move to order 100,000 Tesla Model 3 vehicles. After taking the reins of the Estero, Florida-headquartered company, Scherr doubled down on the green vision, committing to purchased another 65,000 EVs from Polestar, a Swedish company.

You know, it was probably smart to pick up some EVs since there is probably a demand for them on the rental market...

Just not 160K of them.

At least not until demand really gets going on them.

 

[Zues1]

Nope, MAGA dopies I see their stupidity on the road often enough in my area. But to be fair, when I venture into cities, I have no doubt some of the antics I witness are done by both species of nitwits, no doubt at all.

Correct. People are stupid, no matter which color of Kool aid they're swallowing.

 

[WoodsmanVol]

Correct. People are stupid, no matter which color of Kool aid they're swallowing.

Backhand compliment?

 

[VolTull]

Correct. People are stupid, no matter which color of Kool aid they're swallowing.

You, of course, are exempt.

Of course.

 

[Zues1]

You, of course, are exempt.

Of course.

I don't recall making that statement.
I don't recall speaking to you either.

 

[VolTull]

I don't recall speaking to you either.

It's a forum. Get a grip. Need more help? PM me.

 

[WoodsmanVol]

I don't recall making that statement.
I don't recall speaking to you either.

Oliver North-ing?