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Hertz's failed Tesla bet keeps getting worse
Hertz's failed Tesla bet keeps getting worse as weak earnings challenge its stock
The earnings report highlighted the car-rental company's inability to shake off a failed bet on Tesla vehicles.Hertz lost 68 cents per share in the third quarter, exceeding consensus expectations for a 46-cent loss.
Hertz Falls on Mounting Losses From Failed Bet on Tesla EVs
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.
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.
An all-new 650 hp Cadillac, Hertz is selling off more EVs, and something weird at Tesla
An all-new 650 hp Cadillac, Hertz is selling off more EVs, and something weird is going on at the Tesla powerwall plant.
Trump picks Elon Musk for new cost-cutting role
Elon Musk bet big on Trump — and won. Will it pay off for Tesla?
Tesla CEO Elon Musk’s embrace of President-elect Donald Trump is paying dividends for Tesla shareholders today.
Trump returns to Washington flanked by Elon Musk, gets standing ovation from GOP
Donald Trump is back in Washington, arriving with billionaire Elon Musk. His first stop was to speak to House Republicans.
Donald Trump picks Elon Musk for new cost-cutting role
US President-elect Donald Trump has picked Elon Musk for a role in government cost-cutting, as part of his drive to "dismantle" bureaucracy when he returns to the White House next year. Tech billionaire Musk,
3d
on MSN
Tesla headed for $2 trillion valuation after Musk's 'big bet' on Trump win, analysts say
Tesla stock continued to soar Monday after hitting a $1 trillion valuation that Wedbush analysts say could double in the next ...
9h
on MSN
An elite hedge fund slashed its Nvidia and Tesla bets last quarter — and boosted its GameStop stake
Renaissance Technologies, founded by the late Jim Simons, cuts its Tesla and Nvidia stakes while raising its GameStop ...
Benzinga.com
6d
If You Invested $1,000 In Tesla Stock When Bill Gates Shorted The Stock, Here's How Much You'd Have Today
Elon Musk has clashed with short sellers over the years who
bet
against the future success of
Tesla
. One of the most ...
1d
Tesla stock jumps 9%, crossing the $1 trillion market cap milestone.
Tesla (TSLA, Financial) shares jumped over 9% to $350 on November 11, boosting the company's market cap to more than $1 ...
The Associated Press on MSN
8d
Tesla shares soar as investors bet Trump’s win will boost supporter Elon Musk’s company
Shares of
Tesla
soared Wednesday as investors
bet
that the electric vehicle maker and its CEO Elon Musk will benefit from ...
4d
on MSN
Tesla, Inc. (TSLA)’s Bold Bet on Robotaxis: The Next Big Thing in Robotics Stocks?
We recently published a list of 8 Most Promising Robotics Stocks According to Hedge Funds. In this article, we are going to ...
21h
Palantir Co-Founder Peter Thiel On How Elon Musk Conquered Both Automobiles And Space—And Why He'd 'Never Bet' Against The Tesla CEO
Peter Thiel highlighted Elon Musk's success in transforming the auto and aerospace industries through Tesla and SpaceX by targeting weak competition and leveraging complex coordination of existing ...
4h
Tesla issues sixth recall this year for Cybertrucks
Tesla is recalling 2,431 Cybertrucks over a potential issue with their drive inverters, according to a recall report ...
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