Hertz Revenues Spike But Tesla Rent Fleet Falls Short Of 100,000 Goal | Carscoops carscoops
Hertz has surprised many industry observers with solid fourth-quarter earnings but it has less than half of the Teslas in its fleet than it planned to.
reported $2.035 billion in revenue for the fourth quarter while for the full year, it reported revenue of $8.7 billion. Hertz ended 2022 with $2.5 billion of total liquidity available, including $943 million in cash., Hertz chief executive Stephen Scherr acknowledged that a travel industry on the rebound contributed to what was a successful year for the company.
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