This article doesn't mention that, apparently, Uber drivers are renting or leasing cars from Hertz. Hertz markets this to Uber drivers.[1] This is apparently terrible for Hertz. Uber drivers put a lot of miles on the vehicles. Plus, Teslas are expensive to repair. On top of that, the auto rental business is a speculation in used car futures. That's why it hurt Hertz when Tesla reduced prices.
This all reflects on Hertz's accountants, who should have seen this coming.
This all reflects on Hertz's accountants, who should have seen this coming.
[1] https://www.hertz.com/rentacar/misc/index.jsp?targetPage=ube...