Hertz Global (HTZ) call put ratio 8.5 calls to 1 put with focus on November 12.50 calls as share price down 12.5%

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Go back to Hertz Global (HTZ) call put ratio 8.5 calls to 1 put with focus on November 12.50 calls as share price down 12.5%

Hertz (HTZ) slows EV plans, faults Tesla (TSLA) price cuts and repair costs

October 27, 2023 9:13 AM EDT

Hertz Global (NASDAQ: HTZ) revealed during its 3Q earnings call on Thursday that the rental car company has decided to slow the process of electrifying the companys fleet after EV partner, Teslas (NASDAQ: TSLA) price cuts kneecapped the resale value of a majority of electric cars in the rental fleet by a third.

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