Uber’s ability to improve the utilization and profitability of that fleet. “come to think of . It, I am going to call [uber ceo dara khosrowshahi],” ackman said in a post.In . A reply to the post, khosrowshahi said: “hertz has been a great partner of ours . @uber — excited to brainstorm on how we can expand on our relationship!”the wall street .
(Wsj) Which Reported on This Exchange
Journal (wsj), which reported on this exchange friday, said ackman and pershing square were once . Known for waging proxy fights and short selling teamwork: the key to earning your place as an entrepreneur but now focus on “holding a concentrated . Portfolio of well-known stocks that it believes are undervalued.”the wsj also reported that hertz ceo . Gil west said in a note to employees that they should feel encouraged and energized . By ackman’s post.
Said in His Post on X
Ackman said in his post on x that the car rental can . Be very profitable, that west and his management team are making improvements growth hacking vs. growth marketing to the company, . And that hertz is “uniquely well-positioned in the current tariff environment” because it owns more . Than , vehicles at a time when tariffs are likely to cause an increase in . Used car prices.“a % increase in used car prices would equate to a $ billion .
On Its Auto Assets — Equivalent
Gain on its auto assets — equivalent to approximately half of the company’s current market . Capitalization,” ackman said in the post.The previous ceo of hertz stepped down in march , . Weeks after reports that the company was weighing job cuts after selling off about a . Third of its electric vehicle fleet and saying it was losing money b2c fax on the cars.In .
To Selling Its Electric Vehicle Fleet,
Addition to selling its electric vehicle fleet, the company also halted plans to purchase tens . Of thousands of electric vehicles.Recommendedhertz, uber, partnerships, pershing squarepershing square ceo bill ackman suggests hertz-uber . Partnership on autonomous vehiclesgoogle workspacegoogle updates workspace with more capabilitiespillar security, cybersecurity, funding, investmentssecurity startup . Pillar raises $ million to tackle ai-specific risksfrom trading to saving, financial platforms eye banking . And neobanks branch outsee more in: autonomous vehicles, bill ackman, dara khosrowshahi, fleet management, fleets, .
