It seemed like a good idea at the time. Now we know better.
Hertz, reeling from a bankruptcy and the pandemic, announced plans to buy 100,000 Teslas in late 2021. The splashy move certainly helped Elon Musk’s electric-vehicle maker, which saw its market cap surge past $1 trillion for the first time.
Hertz enjoyed a bump in its market value as well, and the car-rental giant hired NFL…
