Hertz CEO Stephen Scherr spoke to Yahoo Finance Live on Tuesday. Hertz inked a deal late in 2021 to purchase 100,000 Tesla Model 3s for its fleet by the end of 2022. The rental car company also recently signed EV deals with GM and Polestar. About 5% of Hertz’s fleet is electric, and Scherr said he is on the hunt for similar charging station deals with BP and General Motors. Shares were up more than 2% as of 2:00 p.m. ET.Read Long Article
