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Much of the Hertz problem with Tesla was because they rented most of the Tesla's to ride share drivers rather than normal renters. Ride share drivers are a lot
by bryanlarsen 3y ago
Much of the Hertz problem with Tesla was because they rented most of the Tesla's to ride share drivers rather than normal renters. Ride share drivers are a lot harder on cars than normal renters, depreciating them much quicker. Hertz knew that. Hertz also knew they were going to be renting them mostly to ride share drivers. They should have expected increased depreciation, but instead chose to blame others.