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There is nearly zero regular maintenance to be done on EVs though. No oil, no belts, no fuel filter, spark plugs etc. Even the brakes will likely last entire li
by dilyevsky 3y ago
There is nearly zero regular maintenance to be done on EVs though. No oil, no belts, no fuel filter, spark plugs etc. Even the brakes will likely last entire lifetime of the car
- nkingsy 3y agoHertz seemed to find teslas cost double ice counterparts to maintain. Maybe it’s auto company smoke but source: https://fortune.com/2023/10/27/tesla-elon-musk-hertz-evs-rental-price-wars-q3-earnings/amp/ https://fortune.com/2023/10/27/tesla-elon-musk-hertz-evs-ren...
- dilyevsky 3y agoThat’s because it is run by idiots who ran it into bankruptcy
- aftbit 3y agoI'm not sure maintenance costs are really the relevant part. It seems like the problem is that Teslas are cheaper now and thus Hertz's fleet is worth less than it was before. Additionally, they find that Teslas suffer more damage, likely from collisions or similar. Routine maintenance costs are not mentioned in that article at all. >In short, the declining value of the Tesla cars in Hertz’s fleet—a decline directly caused by Musk’s price cuts—has hit Hertz squarely in its profits. >Without explaining precisely why, Scherr said Hertz is suffering a higher incidence of damage specifically with its EV fleet, where the repair costs are roughly double that of a comparable gas-fueled car. >“Studies of current EV ownership evidence lower incidence of damage and collision than for ICE vehicles, not higher as we are experiencing,” he revealed. Musk’s price cuts then become an acute problem when one of the Hertz EVs sustains so much damage that the cost of repair is more than the asset itself. >“Where a car is salvaged, we must crystallize at once any difference between our carrying value and the market value of that car,” Scherr explained. “The [price] declines in EVs over the course of 2023, driven primarily by Tesla, have driven the fair market value of our EVs lower as compared to last year, such that a salvage creates a larger loss and, therefore, greater burden.” >In short, Hertz then needs to book a noncash accounting charge. Together with the higher repair costs this led to significant profit margin headwinds. https://archive.ph/leFdf https://archive.ph/leFdf
- BlueTemplar 3y agoSucks to be them, but then maybe they should have listened to Musk when in the very beginning of Tesla he said the goal was to make EVs cheap ?
- aftbit 3y agoWell if we're talking about Musk-whisperers, they clearly preferred to listen to him when he said that Teslas would be appreciating assets, rather than that.
- martin8412 3y agoBullshit. BEVs eat through tires because they're heavy. The air cabin filter and pollen filter need frequent replacement. In the case of Tesla, you better check the undercarriage so you can potentially spot control arms soon to fail. The shield for the battery should be inspected.
- dilyevsky 3y agoYou can’t rotate/change tires at local tire shop? It’s not under warranty anyway. > The air cabin filter and pollen filter need frequent replacement Yeah “regularly” like every two years lol, you gon wait for that long to update your software and pay $500 to a dealer to do it?
- vmladenov 3y agoBEVs don't eat through tires because they're heavy. They eat through tires because they have fast acceleration and their drivers make use of said acceleration. A Tesla Model 3 weighs around what a BMW M4 weighs and less than all trims of an M5.
- wannacboatmovie 3y agoEVs should be subject to mandatory German-style inspection by law to counteract this delusion.