<div id="readability-page-1">Hertz CEO Stephen Scherr has decided to step down following the rental firm’s big bet on Tesla and other EVs went awry, as the debacle cost the company big. Hertz announced on Friday that Scherr would leave his post as CEO and a member of the Board of Directors on March 31. He will be succeeded by former Chief Operating Officer of both Delta Airlines and GM’s Cruise self-driving unit, Gil West. “We are thrilled to have Gil join Hertz as Chief Executive Officer,” Tom Wagner, Vice Chair of Hertz Board, said. “Gil’s experience as a successful leader in operationally intensive businesses will further strengthen the Company’s world-class team of over 27,000 global employees who work tirelessly to deliver outstanding service to customers daily.” The move came just a few months after Hertz revealed its big bet on EVs, which went south. In late 2022, Hertz placed a massive order for 100,000 Tesla Model 3 and Model Y vehicles. Then, it decided to bulk up its fleet with more cars from other EV companies, including Polestar and GM. However, EV values dropped, especially with Tesla, who continued to cut prices throughout the bulk of 2023. Hertz lost nearly $250 million due to the price reductions and ultimately decided to sell some of the units outright. <blockquote>Hertz now selling former Tesla rentals at bargain prices</blockquote> Hertz will reduce its EV fleet from 60,000 to 20,000 and use “some” of the funds to bolster its combustion-engine vehicle fleet. Scherr leaves Hertz after two years and believes his work helped the company remain competitive in a massively changing industry. “Over the last two years, the Hertz team has worked diligently to put the company on track for long-term success in a changing automotive landscape,” he said. “Hertz is well-positioned for the future, and I look forward to seeing the company execute on its strategy as a leader in mobility.” I’d love to hear from you! If you have any comments, concerns, or questions, please email me at joey@teslarati.com. You can also reach me on Twitter @KlenderJoey, or if you have news tips, you can email us at tips@teslarati.com. The post Hertz CEO steps down following Tesla and EV debacle costs company big appeared first on TESLARATI.</div>

赫兹

特斯拉

电动车&未来交通指数 ETF - KraneShares

自动驾驶和电动汽车 ETF - GlobalX

自动驾驶电动车与技术 ETF - iShares

挚文集团

赫兹（Hertz）首席执行官斯蒂芬·谢尔（Stephen Scherr）因公司对特斯拉（Tesla）和其他电动汽车的投资导致巨额亏损而宣布辞职。前达美航空（Delta Airlines）和通用汽车（GM Cruise）高管吉尔·韦斯特（Gil West）将接替他的职位。赫兹曾订购了 10 万辆特斯拉汽车，但面临电动汽车价值下降的问题，最终决定出售部分车辆。该公司计划将电动汽车车队从 6 万辆减少到 2 万辆，并利用资金加强其燃油车辆车队

赫兹首席执行官因特斯拉和电动汽车问题辞职，导致公司蒙受巨大损失