Bill Ackman makes big bet on Hertz becoming tariff winner
Bill Ackman’s Pershing Square Capital Management has amassed a nearly 20% stake in Hertz Global Holdings Inc. in a bet ...
Thursday, May 1, 2025
Tag: Hertz
Buying 100,000 Teslas continues to haunt Hertz
Hertz Global Holdings Inc. reported a worse-than-expected loss after its failed bet on Tesla Inc. electric vehicles weighed on the value of ...
CEO steps down after being hit with expensive EV repairs and low resale prices following purchase of 100,000 Teslas
Hertz Global Holdings Inc. is replacing its chief executive officer in the wake of a disastrous bet on electric vehicles ...
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