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Hertz CEO steps down following Tesla EV purchase debacle


Following a disastrous misadventure with EVs, Hertz's CEO Stephen Scherr is stepping down.

According to a report from Reuters, SpaceX has been contracted by the Department of Defense’s National Reconnaissance Office (NRO) to build a network of hundreds of low-orbiting spy satellites capable of operating as a swarm. A startup called Interlune — the founders of which include former Blue Origin top employees and an Apollo 17 astronaut — plan to send a harvester to the moon to collect material for the surface and extract helium-3 for use on Earth. This week's stories: House passes bill that could ban TikTok, The real fight isn't Tyson vs. Paul — it's Netflix vs. its livestreaming infrastructure, Airbnb to hosts: please stop filming the guests.

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Hertz will stop buying EVs from Polestar, too