The car rental giant began to sell off its stock of Teslas a year ago - due to a lack of demand from customers who prefer gas models. Bosses also said they wanted to offload the cars due to high repair costs. With slow demand, Hertz is being forced to sell the electric vehicles at steep discounts.
In the past week, a Hertz customer shared a jaw-dropping deal on Reddit: a 2023 Tesla Model 3 for just $17,913 - less than half its retail price of $38,990. In January the company said that the proceeds from the sales would go to funding more gas powered cars. It is a departure from its previous target that 25 percent of its overall fleet would be electric by the end of 2024.
How's that working out for all you tree-hugging green earth, down with petro, sitting in line to recharge goofballs?
You just know that somebody at Hertz is cleaning out their desk over this.
ReplyDeleteAnd Elon's wondering how he's gonna sell new Teslas with the bottom of the market falling out.
Never buy an ex-rental vehicle, and never buy a used EV - a used ex-rental EV sounds like a disaster in the works .
ReplyDeletePGE, the electric utility in Northern Cal is planning 3 rate increases this year making an EV impractical no matter how cheap it is.
ReplyDeleteWhat's Tom Brady got to do with this story?
ReplyDelete