Why Hertz Is Making a Big Bet on Teslas

Why Hertz Is Making a Big Bet on Teslas

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Business

University

Hard

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Hertz's recent IPO and order of 100,000 Teslas mark a significant shift towards electrification in the rental car industry. Despite skepticism, Hertz is confident in the demand for electric vehicles, particularly Teslas, among both corporate and leisure travelers. The company views this move as an opportunity to lead in the mobility ecosystem, focusing on fleet management and infrastructure. Tom Brady's involvement in Hertz's EV campaign highlights the importance of sustainability. Hertz aims to transform the rental experience and promote environmentally conscious investments.

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4 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways does Hertz aim to provide a better rental experience for customers?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the expected trends in the rental car industry regarding electric vehicles?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of sustainability in Hertz's business model?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

How does Hertz plan to automate the rental car experience?

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