Part 3/8:
Hertz's gamble on electric vehicles has not yielded the anticipated results. The company initially projected that offering a wide array of Teslas would attract customers to their rental services, but the reality has been quite the opposite. As they attempt to unload their fleet of Teslas, they face not only depreciating values but also limited consumer interest. The company’s lack of preparedness and knowledge in the electric arena has made their predicament even more dire.