Hertz's Electric Vehicle Struggle Impacting Valuation and Profitability Compared to Avis
Wednesday, 20 March 2024, 01:07
Hertz Electric Vehicle Struggle: Impact on Valuation
Hertz's recent decisions, including investments in electric vehicles, have negatively impacted the company's valuation.
Profitability Comparison with Avis
Comparing Hertz to Avis, the former's struggles have led to a decline in profitability, raising concerns among investors.
- Bad Bet on Electric Vehicles: Hertz's investment in electric vehicles has not yielded the expected results.
- Share Price Decline: The company's shares have reached a new low due to these challenges.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.