*Itβs 2024 and FiiO is making a portable cassette player with all-analog features*
A decade ago I was moderately surprised to find that companies like Sony were showing off portable music players at CES, because I figured most people had moved on to using smartphones to listen to music. But thatβs before I realized there was a whole world of portable hi-fi music products. So whatβs new at [β¦] The post Itβs 2024 and FiiO is making a portable cassette player with all-analog features appeared first on Liliputing.
[Read more...](https://liliputing.com/its-2024-and-fiio-is-making-a-portable-cassette-player-with-all-analog-features/)
A decade ago I was moderately surprised to find that companies like Sony were showing off portable music players at CES, because I figured most people had moved on to using smartphones to listen to music. But thatβs before I realized there was a whole world of portable hi-fi music products. So whatβs new at [β¦] The post Itβs 2024 and FiiO is making a portable cassette player with all-analog features appeared first on Liliputing.
[Read more...](https://liliputing.com/its-2024-and-fiio-is-making-a-portable-cassette-player-with-all-analog-features/)
*Π€ΠΎΡΠΌΠ° ΠΎΠ΄Π΅ΠΆΠ΄Ρ*
ΠΠΎΠ΅Π½ΡΠΎΡΠ³ Π€ΠΎΡΠΌΠ° ΠΎΠ΄Π΅ΠΆΠ΄Ρ - ΡΡΡΠ°Π²Π½Π°Ρ ΡΠΎΡΠΌΠ°, ΠΊΠ°ΠΌΡΡΠ»ΡΠΆ, Π²ΠΎΠ΅Π½Π½Π°Ρ ΠΎΠ΄Π΅ΠΆΠ΄Π°, Π²ΠΎΠ΅Π½ΡΠΎΡΠ³ΠΈ ΠΌΠΎΡΠΊΠ²Ρ, Π°ΡΠΌΠ΅ΠΉΡΠΊΠΈΠΉ ΠΌΠ°Π³Π°Π·ΠΈΠ½, Π²ΠΎΠ΅Π½Π½ΡΠΉ ΠΌΠ°Π³Π°Π·ΠΈΠ½, ΡΠΎΡΠΌΠ° ΠΏΠΎΠ»ΠΈΡΠΈΠΈ, ΡΠΎΡΠΌΠ° ΠΠ§Π‘...via forma full 5 https://ift.tt/zAQOJu5 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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ΠΠΎΠ΅Π½ΡΠΎΡΠ³ Π€ΠΎΡΠΌΠ° ΠΎΠ΄Π΅ΠΆΠ΄Ρ - ΡΡΡΠ°Π²Π½Π°Ρ ΡΠΎΡΠΌΠ°, ΠΊΠ°ΠΌΡΡΠ»ΡΠΆ, Π²ΠΎΠ΅Π½Π½Π°Ρ ΠΎΠ΄Π΅ΠΆΠ΄Π°, Π²ΠΎΠ΅Π½ΡΠΎΡΠ³ΠΈ ΠΌΠΎΡΠΊΠ²Ρ, Π°ΡΠΌΠ΅ΠΉΡΠΊΠΈΠΉ ΠΌΠ°Π³Π°Π·ΠΈΠ½, Π²ΠΎΠ΅Π½Π½ΡΠΉ ΠΌΠ°Π³Π°Π·ΠΈΠ½, ΡΠΎΡΠΌΠ° ΠΏΠΎΠ»ΠΈΡΠΈΠΈ, ΡΠΎΡΠΌΠ° ΠΠ§Π‘...via forma full 5 https://ift.tt/zAQOJu5 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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Forma-Odezhda
Π€ΠΎΡΠΌΠ° ΠΎΠ΄Π΅ΠΆΠ΄Ρ - ΠΌΠ°Π³Π°Π·ΠΈΠ½ ΡΠΎΡΠΌΠ΅Π½Π½ΠΎΠΉ ΠΎΠ΄Π΅ΠΆΠ΄Ρ ΠΏΠΎΠ»ΠΈΡΠΈΠΈ, ΠΠ§Π‘, ΠΠΠ
ΠΠΎΠ΅Π½ΡΠΎΡΠ³ Π€ΠΎΡΠΌΠ° ΠΎΠ΄Π΅ΠΆΠ΄Ρ - ΡΡΡΠ°Π²Π½Π°Ρ ΡΠΎΡΠΌΠ°, ΠΊΠ°ΠΌΡΡΠ»ΡΠΆ, Π²ΠΎΠ΅Π½Π½Π°Ρ ΠΎΠ΄Π΅ΠΆΠ΄Π°, Π²ΠΎΠ΅Π½ΡΠΎΡΠ³ΠΈ ΠΌΠΎΡΠΊΠ²Ρ, Π°ΡΠΌΠ΅ΠΉΡΠΊΠΈΠΉ ΠΌΠ°Π³Π°Π·ΠΈΠ½, Π²ΠΎΠ΅Π½Π½ΡΠΉ ΠΌΠ°Π³Π°Π·ΠΈΠ½, ΡΠΎΡΠΌΠ° ΠΏΠΎΠ»ΠΈΡΠΈΠΈ, ΡΠΎΡΠΌΠ° ΠΠ§Π‘
Π€ΠΎΡΠΌΠ° ΠΎΠ΄Π΅ΠΆΠ΄Ρ
ΠΠΎΠ΅Π½ΡΠΎΡΠ³ Π€ΠΎΡΠΌΠ° ΠΎΠ΄Π΅ΠΆΠ΄Ρ - ΡΡΡΠ°Π²Π½Π°Ρ ΡΠΎΡΠΌΠ°, ΠΊΠ°ΠΌΡΡΠ»ΡΠΆ, Π²ΠΎΠ΅Π½Π½Π°Ρ ΠΎΠ΄Π΅ΠΆΠ΄Π°, Π²ΠΎΠ΅Π½ΡΠΎΡΠ³ΠΈ ΠΌΠΎΡΠΊΠ²Ρ, Π°ΡΠΌΠ΅ΠΉΡΠΊΠΈΠΉ ΠΌΠ°Π³Π°Π·ΠΈΠ½, Π²ΠΎΠ΅Π½Π½ΡΠΉ ΠΌΠ°Π³Π°Π·ΠΈΠ½, ΡΠΎΡΠΌΠ° ΠΏΠΎΠ»ΠΈΡΠΈΠΈ, ΡΠΎΡΠΌΠ° ΠΠ§Π‘...via forma full 5 https://ift.tt/zAQOJu5 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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ΠΠΎΠ΅Π½ΡΠΎΡΠ³ Π€ΠΎΡΠΌΠ° ΠΎΠ΄Π΅ΠΆΠ΄Ρ - ΡΡΡΠ°Π²Π½Π°Ρ ΡΠΎΡΠΌΠ°, ΠΊΠ°ΠΌΡΡΠ»ΡΠΆ, Π²ΠΎΠ΅Π½Π½Π°Ρ ΠΎΠ΄Π΅ΠΆΠ΄Π°, Π²ΠΎΠ΅Π½ΡΠΎΡΠ³ΠΈ ΠΌΠΎΡΠΊΠ²Ρ, Π°ΡΠΌΠ΅ΠΉΡΠΊΠΈΠΉ ΠΌΠ°Π³Π°Π·ΠΈΠ½, Π²ΠΎΠ΅Π½Π½ΡΠΉ ΠΌΠ°Π³Π°Π·ΠΈΠ½, ΡΠΎΡΠΌΠ° ΠΏΠΎΠ»ΠΈΡΠΈΠΈ, ΡΠΎΡΠΌΠ° ΠΠ§Π‘...via forma full 5 https://ift.tt/zAQOJu5 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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Forma-Odezhda
Π€ΠΎΡΠΌΠ° ΠΎΠ΄Π΅ΠΆΠ΄Ρ - ΠΌΠ°Π³Π°Π·ΠΈΠ½ ΡΠΎΡΠΌΠ΅Π½Π½ΠΎΠΉ ΠΎΠ΄Π΅ΠΆΠ΄Ρ ΠΏΠΎΠ»ΠΈΡΠΈΠΈ, ΠΠ§Π‘, ΠΠΠ
ΠΠΎΠ΅Π½ΡΠΎΡΠ³ Π€ΠΎΡΠΌΠ° ΠΎΠ΄Π΅ΠΆΠ΄Ρ - ΡΡΡΠ°Π²Π½Π°Ρ ΡΠΎΡΠΌΠ°, ΠΊΠ°ΠΌΡΡΠ»ΡΠΆ, Π²ΠΎΠ΅Π½Π½Π°Ρ ΠΎΠ΄Π΅ΠΆΠ΄Π°, Π²ΠΎΠ΅Π½ΡΠΎΡΠ³ΠΈ ΠΌΠΎΡΠΊΠ²Ρ, Π°ΡΠΌΠ΅ΠΉΡΠΊΠΈΠΉ ΠΌΠ°Π³Π°Π·ΠΈΠ½, Π²ΠΎΠ΅Π½Π½ΡΠΉ ΠΌΠ°Π³Π°Π·ΠΈΠ½, ΡΠΎΡΠΌΠ° ΠΏΠΎΠ»ΠΈΡΠΈΠΈ, ΡΠΎΡΠΌΠ° ΠΠ§Π‘
*Steam Top 10 Releases of 2023 by Full Game Revenue*
submitted by /u/baiisun to r/gaming [link] [comments]
[Read more...](https://www.reddit.com/r/gaming/comments/194ur90/steam_top_10_releases_of_2023_by_full_game_revenue/)
submitted by /u/baiisun to r/gaming [link] [comments]
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Reddit
From the gaming community on Reddit: Steam Top 10 Releases of 2023 by Full Game Revenue
Posted by baiisun - 22,628 votes and 2,981 comments
Steam Top 10 Releases of 2023 by Full Game Revenue
submitted by /u/baiisun to r/gaming link comments
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Reddit
From the gaming community on Reddit: Steam Top 10 Releases of 2023 by Full Game Revenue
Posted by baiisun - 22,628 votes and 2,981 comments
*ΠΠΎΠΌΠΏΠΎΠ·ΠΈΡΠ½ΡΠΉ*
ΠΠΎΠΌΠΏΠΎΠ·ΠΈΡΠ½ΡΠΉ ΠΏΠΎΠ΄Π½ΠΎΡΠΎΠΊ - ΡΡΠΎ Π·Π°ΡΠΈΡΠ½ΡΠΉ ΡΠ»Π΅ΠΌΠ΅Π½Ρ Π² ΡΠ°Π±ΠΎΡΠ΅ΠΉ ΠΎΠ±ΡΠ²ΠΈ, ΠΏΡΠ΅Π΄ΠΎΡ ΡΠ°Π½ΡΡΡΠΈΠΉ Π½ΠΎΠ³Ρ ΠΎΡ ΡΠ΄Π°ΡΠ° ΡΠΈΠ»ΠΎΠΉ Π² 200 ΠΠΆ. ΠΠΎΠ΄Π½ΠΎΡΠΊΠΈ ΠΈΠ· ΠΊΠΎΠΌΠΏΠΎΠ·ΠΈΡΠ½ΡΡ ΠΌΠ°ΡΠ΅ΡΠΈΠ°Π»ΠΎΠ² ΠΎΡΠ»ΠΈΡΠ°ΡΡΡΡ Π½Π΅Π±ΠΎΠ»ΡΡΠΈΠΌ Π²Π΅ΡΠΎΠΌ.via forma full 5 https://ift.tt/ILvk1Ss 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/3587638.html)
ΠΠΎΠΌΠΏΠΎΠ·ΠΈΡΠ½ΡΠΉ ΠΏΠΎΠ΄Π½ΠΎΡΠΎΠΊ - ΡΡΠΎ Π·Π°ΡΠΈΡΠ½ΡΠΉ ΡΠ»Π΅ΠΌΠ΅Π½Ρ Π² ΡΠ°Π±ΠΎΡΠ΅ΠΉ ΠΎΠ±ΡΠ²ΠΈ, ΠΏΡΠ΅Π΄ΠΎΡ ΡΠ°Π½ΡΡΡΠΈΠΉ Π½ΠΎΠ³Ρ ΠΎΡ ΡΠ΄Π°ΡΠ° ΡΠΈΠ»ΠΎΠΉ Π² 200 ΠΠΆ. ΠΠΎΠ΄Π½ΠΎΡΠΊΠΈ ΠΈΠ· ΠΊΠΎΠΌΠΏΠΎΠ·ΠΈΡΠ½ΡΡ ΠΌΠ°ΡΠ΅ΡΠΈΠ°Π»ΠΎΠ² ΠΎΡΠ»ΠΈΡΠ°ΡΡΡΡ Π½Π΅Π±ΠΎΠ»ΡΡΠΈΠΌ Π²Π΅ΡΠΎΠΌ.via forma full 5 https://ift.tt/ILvk1Ss 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/3587638.html)
Forma-Odezhda
ΠΠΎΠΌΠΏΠΎΠ·ΠΈΡΠ½ΡΠΉ ΠΏΠΎΠ΄Π½ΠΎΡΠΎΠΊ
Π£Π·Π½Π°ΠΉΡΠ΅ ΠΎ ΠΠΎΠΌΠΏΠΎΠ·ΠΈΡΠ½ΡΠΉ ΠΏΠΎΠ΄Π½ΠΎΡΠΎΠΊ Π² ΡΠ½ΡΠΈΠΊΠ»ΠΎΠΏΠ΅Π΄ΠΈΠΈ ΠΌΠ°Π³Π°Π·ΠΈΠ½Π° Π€ΠΎΡΠΌΠ° ΠΎΠ΄Π΅ΠΆΠ΄Ρ.
ΠΠΎΠΌΠΏΠΎΠ·ΠΈΡΠ½ΡΠΉ
ΠΠΎΠΌΠΏΠΎΠ·ΠΈΡΠ½ΡΠΉ ΠΏΠΎΠ΄Π½ΠΎΡΠΎΠΊ - ΡΡΠΎ Π·Π°ΡΠΈΡΠ½ΡΠΉ ΡΠ»Π΅ΠΌΠ΅Π½Ρ Π² ΡΠ°Π±ΠΎΡΠ΅ΠΉ ΠΎΠ±ΡΠ²ΠΈ, ΠΏΡΠ΅Π΄ΠΎΡ ΡΠ°Π½ΡΡΡΠΈΠΉ Π½ΠΎΠ³Ρ ΠΎΡ ΡΠ΄Π°ΡΠ° ΡΠΈΠ»ΠΎΠΉ Π² 200 ΠΠΆ. ΠΠΎΠ΄Π½ΠΎΡΠΊΠΈ ΠΈΠ· ΠΊΠΎΠΌΠΏΠΎΠ·ΠΈΡΠ½ΡΡ ΠΌΠ°ΡΠ΅ΡΠΈΠ°Π»ΠΎΠ² ΠΎΡΠ»ΠΈΡΠ°ΡΡΡΡ Π½Π΅Π±ΠΎΠ»ΡΡΠΈΠΌ Π²Π΅ΡΠΎΠΌ.via forma full 5 https://ift.tt/ILvk1Ss 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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ΠΠΎΠΌΠΏΠΎΠ·ΠΈΡΠ½ΡΠΉ ΠΏΠΎΠ΄Π½ΠΎΡΠΎΠΊ - ΡΡΠΎ Π·Π°ΡΠΈΡΠ½ΡΠΉ ΡΠ»Π΅ΠΌΠ΅Π½Ρ Π² ΡΠ°Π±ΠΎΡΠ΅ΠΉ ΠΎΠ±ΡΠ²ΠΈ, ΠΏΡΠ΅Π΄ΠΎΡ ΡΠ°Π½ΡΡΡΠΈΠΉ Π½ΠΎΠ³Ρ ΠΎΡ ΡΠ΄Π°ΡΠ° ΡΠΈΠ»ΠΎΠΉ Π² 200 ΠΠΆ. ΠΠΎΠ΄Π½ΠΎΡΠΊΠΈ ΠΈΠ· ΠΊΠΎΠΌΠΏΠΎΠ·ΠΈΡΠ½ΡΡ ΠΌΠ°ΡΠ΅ΡΠΈΠ°Π»ΠΎΠ² ΠΎΡΠ»ΠΈΡΠ°ΡΡΡΡ Π½Π΅Π±ΠΎΠ»ΡΡΠΈΠΌ Π²Π΅ΡΠΎΠΌ.via forma full 5 https://ift.tt/ILvk1Ss 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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Forma-Odezhda
ΠΠΎΠΌΠΏΠΎΠ·ΠΈΡΠ½ΡΠΉ ΠΏΠΎΠ΄Π½ΠΎΡΠΎΠΊ
Π£Π·Π½Π°ΠΉΡΠ΅ ΠΎ ΠΠΎΠΌΠΏΠΎΠ·ΠΈΡΠ½ΡΠΉ ΠΏΠΎΠ΄Π½ΠΎΡΠΎΠΊ Π² ΡΠ½ΡΠΈΠΊΠ»ΠΎΠΏΠ΅Π΄ΠΈΠΈ ΠΌΠ°Π³Π°Π·ΠΈΠ½Π° Π€ΠΎΡΠΌΠ° ΠΎΠ΄Π΅ΠΆΠ΄Ρ.
*AE at CloudFlare records HR trying to fire her for "performance reasons". Definitely worth the length*
submitted by /u/KaamDeveloper to r/TikTokCringe [link] [comments]
[Read more...](https://www.reddit.com/r/TikTokCringe/comments/194v9y8/ae_at_cloudflare_records_hr_trying_to_fire_her/)
submitted by /u/KaamDeveloper to r/TikTokCringe [link] [comments]
[Read more...](https://www.reddit.com/r/TikTokCringe/comments/194v9y8/ae_at_cloudflare_records_hr_trying_to_fire_her/)
Reddit
From the TikTokCringe community on Reddit: AE at CloudFlare records HR trying to fire her for "performance reasons". Definitelyβ¦
Explore this post and more from the TikTokCringe community
AE at CloudFlare records HR trying to fire her for "performance reasons". Definitely worth the length
submitted by /u/KaamDeveloper to r/TikTokCringe link comments
Read more...
submitted by /u/KaamDeveloper to r/TikTokCringe link comments
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Reddit
From the TikTokCringe community on Reddit: AE at CloudFlare records HR trying to fire her for "performance reasons". Definitelyβ¦
Explore this post and more from the TikTokCringe community
*these four states in India (Haryana, Delhi, Uttar Pradesh and Bihar) have a higher population than the entire U.S.*
submitted by /u/Living-Harmonious509 to r/geography [link] [comments]
[Read more...](https://www.reddit.com/r/geography/comments/194vken/these_four_states_in_india_haryana_delhi_uttar/)
submitted by /u/Living-Harmonious509 to r/geography [link] [comments]
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Reddit
From the geography community on Reddit: these four states in India (Haryana, Delhi, Uttar Pradesh and Bihar) have a higher populationβ¦
Explore this post and more from the geography community
these four states in India (Haryana, Delhi, Uttar Pradesh and Bihar) have a higher population than the entire U.S.
submitted by /u/Living-Harmonious509 to r/geography link comments
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submitted by /u/Living-Harmonious509 to r/geography link comments
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Reddit
From the geography community on Reddit: these four states in India (Haryana, Delhi, Uttar Pradesh and Bihar) have a higher populationβ¦
Explore this post and more from the geography community
*This Best List-Winning Down Alternative Blanket Is My Secret to a Warmer, Cozier, and More Stylish Bed (Itβs on Sale!)*
Get it while it's on sale! READ MORE...
[Read more...](https://www.apartmenttherapy.com/the-company-store-lacrosee-down-alternative-blanket-review-ll-37363585?utm_source=RSS&utm_medium=feed&utm_campaign=Category%2FChannel%3A+main)
Get it while it's on sale! READ MORE...
[Read more...](https://www.apartmenttherapy.com/the-company-store-lacrosee-down-alternative-blanket-review-ll-37363585?utm_source=RSS&utm_medium=feed&utm_campaign=Category%2FChannel%3A+main)
Apartment Therapy
This Best List-Winning Down Alternative Blanket Is My Secret to a Warmer, Cozier, and More Stylish Bed (Itβs on Sale!)
Iβm admittedly pretty particular aboutβ¦well, most things TBH, but perhaps none more so than the presentation of my bed. Every morning, I make it with a borderline military-level precision, and all my pillows must be perfectly centered for the final Pinterestβ¦
This Best List-Winning Down Alternative Blanket Is My Secret to a Warmer, Cozier, and More Stylish Bed (Itβs on Sale!)
Get it while it's on sale! READ MORE...
Read more...
Get it while it's on sale! READ MORE...
Read more...
Apartment Therapy
This Best List-Winning Down Alternative Blanket Is My Secret to a Warmer, Cozier, and More Stylish Bed (Itβs on Sale!)
Iβm admittedly pretty particular aboutβ¦well, most things TBH, but perhaps none more so than the presentation of my bed. Every morning, I make it with a borderline military-level precision, and all my pillows must be perfectly centered for the final Pinterestβ¦
*You're One Step Away from Turning Basic Closet Shelves into Luxe Decor*
βI wanted a luxe look without it looking cheap,β the DIYer says. READ MORE...
[Read more...](https://www.apartmenttherapy.com/metal-bracket-desk-upgrade-idea-37363727?utm_source=RSS&utm_medium=feed&utm_campaign=Category%2FChannel%3A+main)
βI wanted a luxe look without it looking cheap,β the DIYer says. READ MORE...
[Read more...](https://www.apartmenttherapy.com/metal-bracket-desk-upgrade-idea-37363727?utm_source=RSS&utm_medium=feed&utm_campaign=Category%2FChannel%3A+main)
Apartment Therapy
Youβre One Step Away from Turning Basic Closet Shelves into Luxe Decor
βI wanted a luxe look without it looking cheap,β the DIYer says.
*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 β which before planned to have EVs account for 25% of its global fleets β 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 managersβ stock picks and proven investing strategies with Real Money Pro. Get started now.
[Read more...](https://www.thestreet.com/electric-vehicles/key-analyst-calls-rental-car-giants-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 β which before planned to have EVs account for 25% of its global fleets β 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 managersβ stock picks and proven investing strategies with Real Money Pro. Get started now.
[Read more...](https://www.thestreet.com/electric-vehicles/key-analyst-calls-rental-car-giants-tesla-dump-a-miscalculation)
TheStreet
Key analyst calls rental car giant's Tesla dump a miscalculation
Rental car giant Hertz is selling about 20,000 Teslas to reinvest in gas-powered cars.
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Youβre One Step Away from Turning Basic Closet Shelves into Luxe Decor
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