Hertz is the original meme stock, meming its way out of bankruptcy. Its not about being wrong, its about doing things that get investors to pump money into you

Hertz is the original meme stock, meming its way out of bankruptcy. Its not about being wrong, its about doing things that get investors to pump money into your company. Tesla is meme-adjacent and Hertz knew that making headlines with Tesla would attract investors. Now that Hertz lost money, its not their problem. Its their investor's problem. Or perhaps more accurately: its not the Board of Directors or CEO's problem that Hertz lost money per se, they did what they set out to do (ie: sell Hertz stock during a difficult time and raise money). All the Hertz shareholders who have lost real value are... well... that's the shareholder's problem now.