Hertz Accelerates Tesla Selloff as EV Fleet Depreciation Slams Rental Giant

Rental car giant Hertz is significantly expanding its electric vehicle sale-off program to combat rising EV depreciation costs, with used Tesla Model 3s now available for less than $20,000 It has become. Hertz's big investment in Tesla EVs turned into a disaster, causing huge losses and the CEO's job loss. Inside the EV report Hertz's […]

U.S Economy Accelerates By More Than Expected, Yet Inflation Remains Stubborn

The U.S. economy grew at an annualized rate of 2.8 percent in the second quarter, well above the 2 percent forecast by Wall Street analysts. The stronger-than-expected growth indicates the economy is continuing to expand despite high interest rates, raising questions about the need for the Federal Reserve to cut interest rates in the near […]

3rd Democrat senator calls on Biden to step aside as pressure accelerates

Sen. Martin Heinrich (D-Minn.) issued a statement on Friday calling on President Biden to withdraw from the 2024 presidential race, becoming the 28th Democratic senator to make such a call. “Joe Biden is one of the greatest presidents in modern history. He has led our country through unprecedented challenges with unwavering commitment and deep integrity. […]