The other problem is they stocked on on Teslas on near-peak pricing and now the cars are depreciating extra fast due to price drops and used market softening du

The other problem is they stocked on on Teslas on near-peak pricing and now the cars are depreciating extra fast due to price drops and used market softening due to rates. I believe they've taken some paper losses marking their inventory to their resale value. Teslas are fairly low maintenance but still above average repair cost for sure. Related issue is parts & service backlog means above average time a Tesla rental may be out of service. There are notorious stories in Tesla forums of many many month waits for repairs after seemingly non catastrophic accidents.