<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>

赫茲

特斯拉

電動車&未來交通指數 ETF - KraneShares

自動駕駛和電動汽車 ETF - GlobalX

自動駕駛電動車與技術 ETF - iShares

摯文集團

赫茲（Hertz）首席執行官斯蒂芬·謝爾（Stephen Scherr）因公司對特斯拉（Tesla）和其他電動汽車的投資導致鉅額虧損而宣佈辭職。前達美航空（Delta Airlines）和通用汽車（GM Cruise）高管吉爾·韋斯特（Gil West）將接替他的職位。赫茲曾訂購了 10 萬輛特斯拉汽車，但面臨電動汽車價值下降的問題，最終決定出售部分車輛。該公司計劃將電動汽車車隊從 6 萬輛減少到 2 萬輛，並利用資金加強其燃油車輛車隊

赫茲首席執行官因特斯拉和電動汽車問題辭職，導致公司蒙受巨大損失