Key analyst calls rental car giant's Tesla dump a miscalculation

Rental car giant Hertz (HTZ) - Get Free Report is reducing its electric vehicle fleet by about a third, with plans to sell around 20,000 EVs, including Teslas, throughout the year. The move comes on the heels of a year that saw record levels of EV adoption amid cooling consumer demand, and just a few years after Hertz announced plans to purchase 100,000 EVs from Tesla, 175,000 from General Motors (GM) - Get Free Report and 65,000 from Polestar. The rental car company — which before planned to have EVs account for 25% of its global fleets — said that it plans to reinvest proceeds from the EV sales into gas-powered cars. Related: New report indicates alarming trend for electric vehicle enthusiasts "It's really to respond to the reality, which is we're trying to bring supply in line with demand," CEO Stephen Scherr told CNBC. "This is about the numbers, it's about the financial performance and the operational integrity of the business." Scherr said in the wake of the extreme EV price cuts led last year by Tesla, Hertz's own Teslas have depreciated in value more quickly. "That's obviously a cost to the business. We need to face that reality," he said. Hertz said in a filing that the sales will add around $245 million in depreciation expenses to its fourth-quarter earnings. Before the sales began, EVs made up 11% of Hertz's fleet. The company expects the reduction in EVs to lower its operational expenses and depreciation costs, driving up to $300 million in incremental free cash flow aggregated over 2024 and 2025. Tesla sold 1.81 million electric vehicles in 2023. VCG/Getty Images "At some point, the reality of EVs and Teslas being the best-selling car will render them the best rental car. It's not yet," Scherr said. Shares of Hertz fell following the announcement, tumbling another 4.9% by midday Friday. Shares of Tesla (TSLA) - Get Free Report likewise fell, falling another 4% by midday Friday. Wedbush Securities analyst Dan Ives said the move represented more of a problem for Hertz than for Tesla. "It's a black eye for Hertz, not for Tesla. I think they clearly miscalculated in terms of the way it's going to play out," Ives told CNBC. " I don't view it as much of a negative for Tesla; I think the way Hertz went about it, from the marketing of the vehicle to the distribution was a disaster." Contact Ian with tips via email, ian.krietzberg@thearenagroup.net, or Signal 732-804-1223.Related: Hertz to sell 20,000 EVs, buy gas-powered vehicles amid rental-demand slump Get exclusive access to portfolio managers’ stock picks and proven investing strategies with Real Money Pro. Get started now.
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*The $18 “Stunning” Galentines Gift That None of Your Friends Will Have*

Hint: It’s the cutest addition to their bar cart. READ MORE...
[Read more...](https://www.apartmenttherapy.com/what-to-buy-this-week-january-12-2024-37364094?utm_source=RSS&utm_medium=feed&utm_campaign=Category%2FChannel%3A+main)

*Daily Digest: If New feed item from http://feed.informer.com/digests/AOOUJ41VE9/feeder.rss, then Add*


[Read more...](https://analogindex.livejournal.com/3593576.html)

The $18 “Stunning” Galentines Gift That None of Your Friends Will Have

Hint: It’s the cutest addition to their bar cart. READ MORE...
Read more...

*Подошвы кроссовок*

Фитнес, бег, командные виды спорта, паркур, занятия в зале и на улице требуют определенного типа подошвы спортивной обуви. Например, баскетбольные кроссовки для улицы имеют протектор в виде елочки , иначе игрок будет ...via forma full 5 https://ift.tt/Ajyut5J Manage Unsubscribe from these notifications or sign in to manage your Email service.IFTTT Manage on IFTTT: https://ifttt.com/myrecipes/personal/114580525
[Read more...](https://analogindex.livejournal.com/3590750.html)

*Форма ВДВ*

Воздушно-десантные войска созданы для проведения боевых и диверсионных действий в тылу врага. Ранее они являлись частью сухопутных войск, реже входили в состав флота. Но с 1991 года ВДВ стали самостоятельным родом ...via forma full 5 https://ift.tt/LSotEsC Manage Unsubscribe from these notifications or sign in to manage your Email service.IFTTT Manage on IFTTT: https://ifttt.com/myrecipes/personal/114580525
[Read more...](https://analogindex.livejournal.com/3589839.html)

Подошвы кроссовок

Фитнес, бег, командные виды спорта, паркур, занятия в зале и на улице требуют определенного типа подошвы спортивной обуви. Например, баскетбольные кроссовки для улицы имеют протектор в виде елочки , иначе игрок будет ...via forma full 5 https://ift.tt/Ajyut5J Manage Unsubscribe from these notifications or sign in to manage your Email service.IFTTT Manage on IFTTT: https://ifttt.com/myrecipes/personal/114580525
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*Southwest Airlines has pricing change passengers will like*

Before the holidays, one major U.S. airline made a change to its loyalty program that had an unfortunate effect on passengers. But now, Southwest Airlines (LUV) - Get Free Report seems to have taken a step toward making up for it with an offer that is available now.Related: Carnival Cruise Line offers key warning for all cruise passengers The airline's program for earning points, Rapid Rewards, allows members to use points they earn by traveling with the airline and by spending with its partners. The points can be used for flights, hotels, car rentals and for merchandise such as gift cards. But in November, Southwest announced that it was devaluing those points at the beginning of 2024 by raising points per dollar by about 4%. That meant, for example, that a $140 flight would cost 10,400 points as opposed to 10,000 points before the change. A Southwest Airlines plane is seen at an airport terminal. Robert Alexander/Getty Images Southwest is now offering a double points promotion Beginning Jan. 12, Southwest has decided to put in place a double points deal for Rapid Rewards members who book flights by Jan. 14 and travel by May 22. "This is potentially a generous promotion, especially given that many people can probably rebook travel to take advantage of this," wrote Ben Schlappig of One Mile At a Time. "Personally I value this offer at an incremental 6-14% return." The Southwest promotion looks to be a rewarding one for travelers that move quickly on it. Schlappig offered four examples:"Rapid Rewards members ordinarily earn 12x points on Business Select fares, so will now earn 24x points.""Rapid Rewards members ordinarily earn 10x points on Anytime fares, so will now earn 20x points.""Rapid Rewards members ordinarily earn 8x points on Wanna Get Away Plus fares, so will now earn 16x points.""Rapid Rewards members ordinarily earn 5x points on Wanna Get Away fares, so will now earn 10x points." The promotion does not include credit card rewards that can be earned by using them for airfare, which could add up to even more savings. "Southwest Rapid Rewards is a revenue based frequent flyer program, and personally I value these points at ~1.2 cents each," Schlappig wrote. "So by my valuation, you’re getting an incremental 6-14% return on your spending with this promotion. That’s a pretty substantial bonus."Some history behind Southwest's points offerings This positive development comes after a few years of Rapid Rewards changes that are important for context. In 2021, Southwest had devalued points during the pandemic after it allowed its customers to convert travel credits to points. The airline also gave points to passengers after its operational meltdown during the 2022 holiday season. The airline had been forced to cancel a large number of its flights during the historically busy weeks for travel because of the system failure that caused massive disruptions for travelers. The meltdown was blamed on outdated computer systems that had a difficult time handling an increase in bookings. The cancelations had a cascading effect and passengers were stranded at airports across the country. Many lost their luggage and had a difficult time recovering it. Since then, Southwest Airlines has implemented steps to prevent repeating the fiasco. The 2023 holiday season, while not without a few unfortunate incidents, was very much improved by comparison. Get exclusive access to portfolio managers and their proven investing strategies with Real Money Pro. Get started now.
[Read more...](https://www.thestreet.com/travel/southwest-airlines-has-pricing-change-passengers-will-like)

Форма ВДВ

Воздушно-десантные войска созданы для проведения боевых и диверсионных действий в тылу врага. Ранее они являлись частью сухопутных войск, реже входили в состав флота. Но с 1991 года ВДВ стали самостоятельным родом ...via forma full 5 https://ift.tt/LSotEsC Manage Unsubscribe from these notifications or sign in to manage your Email service.IFTTT Manage on IFTTT: https://ifttt.com/myrecipes/personal/114580525
Read more...

Southwest Airlines has pricing change passengers will like

Before the holidays, one major U.S. airline made a change to its loyalty program that had an unfortunate effect on passengers. But now, Southwest Airlines (LUV) - Get Free Report seems to have taken a step toward making up for it with an offer that is available now.Related: Carnival Cruise Line offers key warning for all cruise passengers The airline's program for earning points, Rapid Rewards, allows members to use points they earn by traveling with the airline and by spending with its partners. The points can be used for flights, hotels, car rentals and for merchandise such as gift cards. But in November, Southwest announced that it was devaluing those points at the beginning of 2024 by raising points per dollar by about 4%. That meant, for example, that a $140 flight would cost 10,400 points as opposed to 10,000 points before the change. A Southwest Airlines plane is seen at an airport terminal. Robert Alexander/Getty Images Southwest is now offering a double points promotion Beginning Jan. 12, Southwest has decided to put in place a double points deal for Rapid Rewards members who book flights by Jan. 14 and travel by May 22. "This is potentially a generous promotion, especially given that many people can probably rebook travel to take advantage of this," wrote Ben Schlappig of One Mile At a Time. "Personally I value this offer at an incremental 6-14% return." The Southwest promotion looks to be a rewarding one for travelers that move quickly on it. Schlappig offered four examples:"Rapid Rewards members ordinarily earn 12x points on Business Select fares, so will now earn 24x points.""Rapid Rewards members ordinarily earn 10x points on Anytime fares, so will now earn 20x points.""Rapid Rewards members ordinarily earn 8x points on Wanna Get Away Plus fares, so will now earn 16x points.""Rapid Rewards members ordinarily earn 5x points on Wanna Get Away fares, so will now earn 10x points." The promotion does not include credit card rewards that can be earned by using them for airfare, which could add up to even more savings. "Southwest Rapid Rewards is a revenue based frequent flyer program, and personally I value these points at ~1.2 cents each," Schlappig wrote. "So by my valuation, you’re getting an incremental 6-14% return on your spending with this promotion. That’s a pretty substantial bonus."Some history behind Southwest's points offerings This positive development comes after a few years of Rapid Rewards changes that are important for context. In 2021, Southwest had devalued points during the pandemic after it allowed its customers to convert travel credits to points. The airline also gave points to passengers after its operational meltdown during the 2022 holiday season. The airline had been forced to cancel a large number of its flights during the historically busy weeks for travel because of the system failure that caused massive disruptions for travelers. The meltdown was blamed on outdated computer systems that had a difficult time handling an increase in bookings. The cancelations had a cascading effect and passengers were stranded at airports across the country. Many lost their luggage and had a difficult time recovering it. Since then, Southwest Airlines has implemented steps to prevent repeating the fiasco. The 2023 holiday season, while not without a few unfortunate incidents, was very much improved by comparison. Get exclusive access to portfolio managers and their proven investing strategies with Real Money Pro. Get started now.
Read more...

*Подкаст Лайфхакера: 5 фактов о ваших внутренних органах, которые впечатляют*

Вы знали, что желудок способен переваривать бритвенные лезвия? Но лучше этого не проверять, конечно.
[Read more...](https://lifehacker.ru/lifehacker-podcast-1151/)

*Apple Watch and Oura Ring finally have a new (impressive) competitor*

While the official data isn't in yet, one of the most sought-after gifts of Christmas in 2023 was a wearable fitness device. And customers are spoiled for choice. Related: Walmart makes major change affecting millions of customers There are quite literally millions of devices collecting data in the market; approximately one in three Americans uses one, according to the NIH. And, depending on your preferences, needs, and fashion inclinations, there are plenty out there to choose from. The most popular is Apple's (AAPL) - Get Free Report Watch, which sees a new version annually since 2015. As of June 2023 it was estimated that Apple had sold over 229 million of them total — and that's well before the new Series 9 was released in September or the spending-heavy holiday season, whereby Apple Watch makes the perfect gift under so many Americans' trees. But others have been quickly gaining ground. While many enjoy Apple Watch for its seamless integration into the iOS ecosystem, upstarts like Oura, which features a more streamlined ring wearable with a longer battery life, has its own fanbase. Oura is slightly pricier than Apple Watch but has a longer battery and is designed to be worn all day and night, as it collects in-depth sleep data and compiles proprietary algorithms about its user and their wellness habits. And then there is WHOOP, a wearable band beloved by professional athletes and influencers as it focuses on endurance and recovery, telling users when to push their limits and when to scale it back to avoid an injury or setback. Both FitBit and Garmin also have their loyal customers, from military personnel to marathoners. Other entrants have been looking to make inroads in the nearly $75 billion fitness wearable market. Samsung, for example, has been working on a Galaxy Ring for years now, though it is yet to hit the market. New fitness tracker enters competition Which leaves space for a newcomer, even in the increasingly crowded market. Enter the Amazfit Helio Ring, which looks similar to the Oura Ring but is already delighting critics — Tom's Guide already placed it on its Best of CES 2024 awards list. As an athlete, you're only as good as your #recovery
[Read more...](https://www.thestreet.com/technology/apple-watch-and-oura-ring-finally-have-a-new-impressive-competitor)

*I Tried Travis Kelce’s Favorite Trader Joe’s Ice Cream*

We wonder if Taylor Swift likes it too. READ MORE...
[Read more...](https://www.apartmenttherapy.com/travis-kelce-trader-joes-ice-cream-flavor-review-37362395?utm_source=RSS&utm_medium=feed&utm_campaign=Category%2FChannel%3A+main)

Apple Watch and Oura Ring finally have a new (impressive) competitor

While the official data isn't in yet, one of the most sought-after gifts of Christmas in 2023 was a wearable fitness device. And customers are spoiled for choice. Related: Walmart makes major change affecting millions of customers There are quite literally millions of devices collecting data in the market; approximately one in three Americans uses one, according to the NIH. And, depending on your preferences, needs, and fashion inclinations, there are plenty out there to choose from. The most popular is Apple's (AAPL) - Get Free Report Watch, which sees a new version annually since 2015. As of June 2023 it was estimated that Apple had sold over 229 million of them total — and that's well before the new Series 9 was released in September or the spending-heavy holiday season, whereby Apple Watch makes the perfect gift under so many Americans' trees. But others have been quickly gaining ground. While many enjoy Apple Watch for its seamless integration into the iOS ecosystem, upstarts like Oura, which features a more streamlined ring wearable with a longer battery life, has its own fanbase. Oura is slightly pricier than Apple Watch but has a longer battery and is designed to be worn all day and night, as it collects in-depth sleep data and compiles proprietary algorithms about its user and their wellness habits. And then there is WHOOP, a wearable band beloved by professional athletes and influencers as it focuses on endurance and recovery, telling users when to push their limits and when to scale it back to avoid an injury or setback. Both FitBit and Garmin also have their loyal customers, from military personnel to marathoners. Other entrants have been looking to make inroads in the nearly $75 billion fitness wearable market. Samsung, for example, has been working on a Galaxy Ring for years now, though it is yet to hit the market. New fitness tracker enters competition Which leaves space for a newcomer, even in the increasingly crowded market. Enter the Amazfit Helio Ring, which looks similar to the Oura Ring but is already delighting critics — Tom's Guide already placed it on its Best of CES 2024 awards list. As an athlete, you're only as good as your #recovery
Read more...

I Tried Travis Kelce’s Favorite Trader Joe’s Ice Cream

We wonder if Taylor Swift likes it too. READ MORE...
Read more...

*I watched this like 10times*

submitted by /u/Callerdocument to r/funny [link] [comments]
[Read more...](https://www.reddit.com/r/funny/comments/194xo36/i_watched_this_like_10times/)

I watched this like 10times

submitted by /u/Callerdocument to r/funny link comments
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*I promised myself i would never return, but i need you kids to see this*

submitted by /u/hatredlord to r/tumblr [link] [comments]
[Read more...](https://www.reddit.com/r/tumblr/comments/194ycw7/i_promised_myself_i_would_never_return_but_i_need/)

I promised myself i would never return, but i need you kids to see this

submitted by /u/hatredlord to r/tumblr link comments
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