Hertz

Hertz's attempt to electrify its rental fleet has ended in failure, resulting in a $1 billion impairment charge, falling stock prices, and the resignation of CEO Stephen Scherr. The company's electric vehicles (EVs) were costly to maintain and less favored by customers compared to traditional gas-powered cars, prompting Hertz to sell Teslas at steep discounts. This situation highlights broader concerns about the push for EVs as part of a globalist agenda that seeks increased government control under the guise of environmentalism. Critics argue that EVs are not the sustainable solution they are portrayed to be, citing high production costs and environmental impacts from mining practices. The Hertz debacle serves as a warning against blindly following climate change narratives and mandates that may undermine individual freedoms.