Burger King gave candy to a worker has worked for more than 20 years.
The Whopper, which was first introduced in 1957, was a quarter-pound, oversized burger on a vast five-inch bun that cost a reasonable 29 cents.Large corporations can be cruel and uncaring. They often claim to care about their employees, but sometimes the reality can be quite different. This is the story of Kevin Ford, a cook and cashier at Burger King who had worked tirelessly for over two decades. To celebrate his remarkable feat of never taking a sick day, Burger King decided to shower him ...
Someone crashed the entire Onion market in America, made millions, walked away scott-free and starte…
We learnt that perfect monopoly can cause catastrophic damage to any economy, even the onion market.A tiny man who rocked America with Onions History doesn’t repeat, but it rhymes. You want to learn something, anything? Look back in history and it will surprise you just how eerily relevant it can be even in modern times. With the advent of Bitcoin, Cryptocurrencies, Tech titans and startups, you get all sorts of happenings like Tulip Mania, recessions, Feds stepping in, market manipulations a...
The youngest self-made billionaire just bought Forbes.
Austin Russell is an American entrepreneur, founder and CEO of Luminar Technologies. Luminar specializes in lidar and machine perception technologies, mainly used in autonomous cars. Luminar went public in December 2020, making him the world’s youngest self-made billionaire at the age of 25.Wha’s up with billionaires and news media? In a stunning turn of events, Austin Russell, the youngest self-made billionaire of 2021, has made headlines once again by acquiring a majority stake in Forbes ma...
CEO of StartupX | DeFi, NFT, Crypto, Web3.0 Builder | Co-Founder at IxSA | Director of Startup Weekend Singapore | Sustainability Champion
Burger King gave candy to a worker has worked for more than 20 years.
The Whopper, which was first introduced in 1957, was a quarter-pound, oversized burger on a vast five-inch bun that cost a reasonable 29 cents.Large corporations can be cruel and uncaring. They often claim to care about their employees, but sometimes the reality can be quite different. This is the story of Kevin Ford, a cook and cashier at Burger King who had worked tirelessly for over two decades. To celebrate his remarkable feat of never taking a sick day, Burger King decided to shower him ...
Someone crashed the entire Onion market in America, made millions, walked away scott-free and starte…
We learnt that perfect monopoly can cause catastrophic damage to any economy, even the onion market.A tiny man who rocked America with Onions History doesn’t repeat, but it rhymes. You want to learn something, anything? Look back in history and it will surprise you just how eerily relevant it can be even in modern times. With the advent of Bitcoin, Cryptocurrencies, Tech titans and startups, you get all sorts of happenings like Tulip Mania, recessions, Feds stepping in, market manipulations a...
The youngest self-made billionaire just bought Forbes.
Austin Russell is an American entrepreneur, founder and CEO of Luminar Technologies. Luminar specializes in lidar and machine perception technologies, mainly used in autonomous cars. Luminar went public in December 2020, making him the world’s youngest self-made billionaire at the age of 25.Wha’s up with billionaires and news media? In a stunning turn of events, Austin Russell, the youngest self-made billionaire of 2021, has made headlines once again by acquiring a majority stake in Forbes ma...
CEO of StartupX | DeFi, NFT, Crypto, Web3.0 Builder | Co-Founder at IxSA | Director of Startup Weekend Singapore | Sustainability Champion

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“In 2022 Hertz signed a deal with both Polestar and Elon Musk’s Tesla to buy tens of thousands of cars to fulfill its pledge of having 25% of its fleet go electric. The deal for 65,000 Polestars was estimated to be worth approximately $3 billion, while Hertz’s deal with Tesla was for 100,000 vehicles”
Its 2024, and they are selling away 20,000 EVs.
Did they just pull a Jack Sparrow stunt on us all?
Hertz is steering away from its electric vehicle (EV) ambitions to embrace gas-powered cars once again.
This pivot, involving the sale of approximately 20,000 EVs, including Teslas, is a surprising U-turn from their earlier commitment to electrifying their fleet.

Hertz’s shift reveals just how complex the EV landscape really is.
While the allure of electric vehicles is undeniable, with their promise of a greener future and innovative technology, practical challenges persist.
For Hertz, these challenges manifested in higher-than-anticipated expenses related to collision and damage, as well as a disproportionate number of lower-margin rentals for their EVs.
The enthusiasm for EVs has been met with the hard truth of economic and logistical constraints.
For rental companies like Hertz, managing a fleet of EVs has proved to be more complex and costly than initially expected.

Turns out they didn’t expect EVs to be so costly and there were a lot of latent problems that only surfaced after buying them.
Hertz, once at the forefront of the EV push in the rental car industry, is now reverting to traditional gas-powered vehicles.
Ironic but true.
This move comes at a time when the world is increasingly aware of the environmental impacts of fossil fuels.
Is this a pragmatic business decision or a step back in the broader mission to combat climate change?

Are they being hypocritical or just making a smart business decision?
But this could be good for everyday consumers like you and me.
The influx of used EVs in the market, including Teslas, could potentially lower used EV prices, making them cheaper to the general public.
This could inadvertently boost EV ownership among consumers who were previously priced out.
Yet, this situation also exposes the gaps in the EV ecosystem — from the higher costs of maintenance and repair to the need for more robust charging infrastructure and public understanding of EV technology.
It’s a reminder that the road to an electric future is not just about manufacturing more EVs but also about building an ecosystem that supports them.

Hertz’s pivot is a reality check for the EV industry.
It highlights the need for balanced growth, taking into account the operational realities and consumer readiness.
It’s a lesson in adapting to market conditions while keeping an eye on long-term goals.
But whatever it is, Tesla will continue building EVs and demand for EVs will continue growing.
-
Are you likely to buy an EV in the future?
-
#ElectricVehicles #Hertz #Tesla #EVMarket #SustainableTransport #AutoIndustry #GreenTech #BusinessStrategy #EnvironmentalImpact #RentalCars #GasVsElectric #TechTrends #ConsumerAdoption #InnovationChallenges #EVMaintenance #ClimateAction #GreenFuture #TechPivot #MarketDynamics #EcoFriendlyTravel #TransportationSector #CleanEnergy #AutomotiveTrends #EVChallenges #RenewableEnergy #FutureOfMobility #EconomicRealities #SustainableGrowth

“In 2022 Hertz signed a deal with both Polestar and Elon Musk’s Tesla to buy tens of thousands of cars to fulfill its pledge of having 25% of its fleet go electric. The deal for 65,000 Polestars was estimated to be worth approximately $3 billion, while Hertz’s deal with Tesla was for 100,000 vehicles”
Its 2024, and they are selling away 20,000 EVs.
Did they just pull a Jack Sparrow stunt on us all?
Hertz is steering away from its electric vehicle (EV) ambitions to embrace gas-powered cars once again.
This pivot, involving the sale of approximately 20,000 EVs, including Teslas, is a surprising U-turn from their earlier commitment to electrifying their fleet.

Hertz’s shift reveals just how complex the EV landscape really is.
While the allure of electric vehicles is undeniable, with their promise of a greener future and innovative technology, practical challenges persist.
For Hertz, these challenges manifested in higher-than-anticipated expenses related to collision and damage, as well as a disproportionate number of lower-margin rentals for their EVs.
The enthusiasm for EVs has been met with the hard truth of economic and logistical constraints.
For rental companies like Hertz, managing a fleet of EVs has proved to be more complex and costly than initially expected.

Turns out they didn’t expect EVs to be so costly and there were a lot of latent problems that only surfaced after buying them.
Hertz, once at the forefront of the EV push in the rental car industry, is now reverting to traditional gas-powered vehicles.
Ironic but true.
This move comes at a time when the world is increasingly aware of the environmental impacts of fossil fuels.
Is this a pragmatic business decision or a step back in the broader mission to combat climate change?

Are they being hypocritical or just making a smart business decision?
But this could be good for everyday consumers like you and me.
The influx of used EVs in the market, including Teslas, could potentially lower used EV prices, making them cheaper to the general public.
This could inadvertently boost EV ownership among consumers who were previously priced out.
Yet, this situation also exposes the gaps in the EV ecosystem — from the higher costs of maintenance and repair to the need for more robust charging infrastructure and public understanding of EV technology.
It’s a reminder that the road to an electric future is not just about manufacturing more EVs but also about building an ecosystem that supports them.

Hertz’s pivot is a reality check for the EV industry.
It highlights the need for balanced growth, taking into account the operational realities and consumer readiness.
It’s a lesson in adapting to market conditions while keeping an eye on long-term goals.
But whatever it is, Tesla will continue building EVs and demand for EVs will continue growing.
-
Are you likely to buy an EV in the future?
-
#ElectricVehicles #Hertz #Tesla #EVMarket #SustainableTransport #AutoIndustry #GreenTech #BusinessStrategy #EnvironmentalImpact #RentalCars #GasVsElectric #TechTrends #ConsumerAdoption #InnovationChallenges #EVMaintenance #ClimateAction #GreenFuture #TechPivot #MarketDynamics #EcoFriendlyTravel #TransportationSector #CleanEnergy #AutomotiveTrends #EVChallenges #RenewableEnergy #FutureOfMobility #EconomicRealities #SustainableGrowth
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