Hertz (HTZ) announces the move away from electric vehicles. Renita Young discusses this as Hertz plans to sell 20,000 E.V.s in the shift back to gas-powered cars. Hertz CEO Stephen Scherr notes that “The MSRP declines in E.V. in 2023, driven by Tesla, have driven the fair market value of our E.V.’s lower.” Tune in to find out more about the stock market today.
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