4 ms·
> If they sold a car, they get profit immediately. If they kept the car for their own fleet, it would take longer to earn the same profit Well, no, it would ta
by stdbrouw 10y ago
> If they sold a car, they get profit immediately. If they kept the car for their own fleet, it would take longer to earn the same profit
Well, no, it would take longer but the profits would be higher, too, so it would still be the smart move to make.
- Clubber 10y agoMaybe, depends on what the overhead is and if you sell that car to yourself at cost or not. Fleets could be an ultra low margin business. You also have to take into account inflation. Also, when companies don't "stick to the knitting," they often don't as well as their core business because an SVP of Tesla marketing has different skills than an SVP of Hertz marketing. Certainly a higher risk than just selling a car and taking the profits immediately.