Suncor Energy Inc T.SU

This is what ev will do people , look hertz

[Marty47]

The rental car giant said Tuesday it lost an adjusted $1.36 per share, worse than the 76-cent loss analysts’ projected for the quarter, swinging from a 70-cent profit in the previous quarter and a 50-cent profit a year ago.

The drop into the red follows the company’s decision to offload 20,000 Tesla EVs, about one-third of its electric fleet, saying it lost money renting them out.

[Fomo15]

I'm sure the tesla fanboy will just shrug this off and spin it in to some sort of positive.....after all, the dumpster fire of a stock is in a free fall - 1/3 of its value gone within weeks. WIth the continued cost cutting, Tesla will soon be producing vehilces at a cost to themselves

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[Marty47]

The rental-car company reported third-quarter adjusted profit of 70 cents a share, below the 77-cent average estimate of analysts surveyed by Bloomberg. Excluding EV costs, Hertz probably would have met Wall Street expectations, Scherr said. Shares of Hertz fell as much as 15% in New York. The stock was already trading at record lows after losing a third of its value since the beginning of the

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