Hertz shifts gears: Opts for gas cars over EVs, including Teslas

Hertz Global Holdings, a car rental company, is set to sell about 20,000 electric vehicles. This number even includes cars that have been manufactured by Tesla. The rental giant had struck a deal with Tesla in 2021, which enabled them to offer their cutting-edge electric vehicles for rent. The decision to sell such a large number of cars from their U.S. fleet comes as the demand for EVs has gone down significantly.