https://www.statista.com/statistics/470829/us-car-rental-average-fleet-of-hertz-global-holdings/ https://www.statista.com/statistics/470829/us-car-rental-ave...

https://www.statista.com/statistics/470829/us-car-rental-average-fleet-of-hertz-global-holdings/ https://www.statista.com/statistics/470829/us-car-rental-ave... Pre-Pandemic Hertz had a fleet of ~500K cars. So 100K represents ~20% of their fleet. Tesla cars keep their resale value (https://insideevs.com/news/490348/tesla-model-3-resale-value-unreal/ https://insideevs.com/news/490348/tesla-model-3-resale-value...) so Hertz should be able to sell them wholesale back to Tesla, Carvana, etc. https://www.fool.com/investing/general/2012/07/13/surprising-facts-about-the-rental-car-industry.aspx https://www.fool.com/investing/general/2012/07/13/surprising...