The largest worldwide general use car rental company.
The Hertz Corporation, a subsidiary of Hertz Global Holdings Inc., is an American car rental company based in Estero, Florida that operates 10,200 corporate and franchisee locations internationally. As the second-largest US car rental company by sales, locations, and fleet size, Hertz operates in 150 countries, including North America, Europe, Latin America, Africa, Asia, Australia, the Caribbean, the Middle East, and New Zealand. The Hertz Corporation owns Dollar and Thrifty Automotive Group – which separates into Thrifty Car Rental and Dollar Rent A Car.
Hertz Global Holdings, the parent company of The Hertz Corporation, was ranked 335th in Forbes’ 2018 Fortune 500 list. As of 2018, the company has revenues of US$9.5 billion, assets of US$21.3 billion, and 38,000 employees.
Elon Musk provides an update on the sale of his Tesla stock, causing TSLA to rally and shoot market cap past $1 trillion from October.
Elon Musk recently revealed that despite the 100,000 Tesla-vehicle order news from car rental Hertz, there is no official contract at the moment.
Uber is collaborating with Hertz to supply Tesla electric vehicles to drivers ahead of an entire electric ride-hail fleet by 2023.