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Posted Apr 25, 2024 At 8:34 PM UTC
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Andrew J. Hawkins
More used Teslas are about to flood the market.
Hertz said in its first quarter earnings report today that it plans to sell an additional 10,000 Teslas, after committing to off-loading 20,000 of the electric vehicles earlier this year. That means the rental car company plans on selling 15 percent of the initial 200,000 EVs it said it was going to buy from Tesla and Polestar back in the heady days of 2021.
HERTZ REPORTS FIRST QUARTER 2024 RESULTS | Hertz Global Holdings, Inc.
[Hertz Global Holdings, Inc.]
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