Hertz is betting big on electric vehicles. It's buying 100,000 Teslas, the largest-ever order by a single buyer. The purchase also represents the biggest move into EVs by a rental car company, by far.

Investors and executives thought electric rentals would print money, turning sleek battery cars into long‑lived assets that barely lost value. Instead, a wave of aggressive bets on Teslas has exposed ...

Hertz's Tesla rental program didn't go so well for the company, though. Some of that was Hertz's fault, like the time it charged a customer $277 for gas in his Tesla Model 3 rental (which it ...