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Well, you're just in time for the rental car companies. Hertz was releasing their quarterly results yesterday, and they sounded pretty negative on Tesla (they s
by TheAlchemist 3y ago
Well, you're just in time for the rental car companies. Hertz was releasing their quarterly results yesterday, and they sounded pretty negative on Tesla (they signed up for 100k Teslas last year - was a pretty huge deal):
"The rental car company cited Tesla’s price cuts negatively impacting the resale value of its EVs, and higher than expected repair costs for EVs as a reason to slow its pace of electrification."
"Hertz now has 35,000 Tesla vehicles and around 50,000 electric vehicles in its fleet -- far shy of the 100,000 Teslas that Hertz originally said it was ordering and expected by the end of 2022."