Tesla and Hertz tumble as the car-rental company backs down from a big bet on EVs

Tesla and Hertz tumble as the car-rental company backs down from a big bet on EVs

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None Shares of Hertz and Tesla declined Thursday after the car-rental company pulled back from its EV push. • None Hertz said it will sell about 20,000 electric vehicles and buy more internal-combustion-engine cars. • None Hertz ordered 100,000 Teslas in 2021 for its rental fleet, but has seen…

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