"It's a combination of data and also mindset," Mark Fields told Morning Brew regarding how he made the decision to enter the electric vehicle space.

Hertz says it will supply up to 50,000 vehicles for Uber drivers to rent by 2023, days after announcing an order for 100,000 Teslas.

Tesla is the fastest company on record to hit a $1 trillion valuation at 18 years, besting Alphabet's 21 years.

The cars will be delivered over the next 14 months, with Model 3 sedans set to be available for rental in the US and Europe.

This summer, rental cars hit up to $700 per day in popular destinations. Daily prices during this upcoming holiday travel season may still remain high.

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At the start of the pandemic, Hertz became the original meme stock when day traders flocked to the bankrupt car-rental company.

Car-rental prices have jumped 86% compared to last year's Fourth of July as 43.6 million Americans plan on hitting the roads, according to AAA.

Hertz investors received more than $1 billion in value from the bankruptcy exit, in the form of $239 million and warrants for 18% of the company.

A perfect storm of vehicle shortages and travel uptick leading to even more tourists than 2019 is hitting the Aloha state. Here's how it got so dire.

The car rental giant said on Thursday its restructuring plan has been confirmed by a bankruptcy court and it is on target to exit Chapter 11 on June 30.

Damien Roscoe told The Wall Street Journal he invested in the car rental company even though he knew the company was bankrupt. "I know it sounds crazy."

Retail investors who bought Hertz last summer when even the company itself said its shares were "worthless" are now proving correct.

The global chip shortage is hindering rental-car companies from being able to quickly regrow fleets as demand continues to rise.

The US is facing a rental-car shortage that's causing vehicles to rent for upwards of $700 per day in some markets.

A rental-car shortage is pummeling the US and may only get worse as more people travel.

Herbert Alford was in jail for nearly five years before being exonerated after Hertz found the receipt that showed he was nowhere near the murder.