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Hertz orders 100k Teslas

bloomberg.com

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Re: Hertz orders 100k Teslas

#141

Post by DarmokJalad1701 »

reustle wrote: post #135
randyrand wrote: post #122

Earlier quoted context omitted.

Kind of a big annoyance if your hotel does not have chargers though. Especially if you already booked it.

Just checked. At least Booking has a "ev charging station" filter when searching for places to stay.

I just use Tesla's destination charger map and that usually works. And in many cases, at least in colder parts of the country the hotel might have access to engine block heater outlets. These are good enough to trickle charge overnight and save some time in the morning.

Re: Hertz orders 100k Teslas

#142

Post by anyfactor »

greatgib wrote: post #129

Is it just me that see that something funky is going on there? Hertz is just out of bankruptcy, and immediately they order 100,000 Tesla to be delivered, and so paid I guess, in just 1 year! Let's imagine that they have the Tesla with a very good discount: 30000$ a piece. That would cost them: 100 000 x 30 000 = 3 000 000 000 $ I have hard time to believe that they have that cash in hand, or that they can borrow that…

To me this entirely seems like a marketing stunt and a last ditch effort. Looking at recent major wholesale orders of Tesla cars, Las Vegas' Tesla loop comes to mind.

A fleet of Tesla cars in a glorified cave taking tourists from point A to point B which was marketed to be a Boring company project with that concept video that blew everyone's mind off. It may as well be an underwhelming private transport facility that resembles a lazy river [0] being marketed as revolutionary public transport system [1].

[0] https://techcrunch.com/2020/10/16/elon-musks-las-vegas-loop-...

[1] https://electrek.co/2021/06/09/boring-companys-las-vegas-loo...

Re: Hertz orders 100k Teslas

#143

Post by snek_case »

hn_throwaway_99 wrote: post #33
YPPH wrote: post #20

Earlier quoted context omitted.

>My understanding is that Tesla vehicles differ quite a bit from regular ICE vehicles, to the point that there's a bit of a learning curve to operating the car. >I'd be interested to hear from a Tesla owner on this Not a Tesla owner, but I did take one for a 30 minute test drive. There wasn't really any learning curve except for that when you let your foot off the accelerator (gas?) pedal, the regenerative braking ki…

Tesla used to have "Standard" and "Low" settings for how strong the regenerative braking is, but just found an article that says they removed the low option, which would be a bummer in my opinion.

It's way more energy efficient if you can learn to drive with regenerative braking. Otherwise you're just wasting energy as heat with your brake pads.

Re: Hertz orders 100k Teslas

#144

Post by DarmokJalad1701 »

zibzab wrote: post #63
uxp100 wrote: post #23

I assume there is a little bit of a "meme stock" element to this, the reddit folks will love it, but I think I would pay a small premium for an electric car when renting (unless I needed long distance). More likely I pay a premium for that than for than the higher end ICE car options at car rental.

The problem is that when you are renting from Hertz you are probably new to the area and don't know where you are going and if there are any charging stations nearby.

The car will route you to a charging station if needed.

Re: Hertz orders 100k Teslas

#145

Post by TheDudeMan »

greatgib wrote: post #129

Is it just me that see that something funky is going on there? Hertz is just out of bankruptcy, and immediately they order 100,000 Tesla to be delivered, and so paid I guess, in just 1 year! Let's imagine that they have the Tesla with a very good discount: 30000$ a piece. That would cost them: 100 000 x 30 000 = 3 000 000 000 $ I have hard time to believe that they have that cash in hand, or that they can borrow that…

Maybe they are financing through Tesla. Seems reasonable.

Re: Hertz orders 100k Teslas

#146

Post by judge2020 »

greatgib wrote: post #129

Is it just me that see that something funky is going on there? Hertz is just out of bankruptcy, and immediately they order 100,000 Tesla to be delivered, and so paid I guess, in just 1 year! Let's imagine that they have the Tesla with a very good discount: 30000$ a piece. That would cost them: 100 000 x 30 000 = 3 000 000 000 $ I have hard time to believe that they have that cash in hand, or that they can borrow that…

> Let's imagine that they have the Tesla with a very good discount: 30000$ a piece.

"To be clear, cars sold to Hertz have no discount. Same price as to consumers."

https://twitter.com/elonmusk/status/1452794619410927625?s=20

Re: Hertz orders 100k Teslas

#147

Post by bonestamp2 »

greatgib wrote: post #129

Is it just me that see that something funky is going on there? Hertz is just out of bankruptcy, and immediately they order 100,000 Tesla to be delivered, and so paid I guess, in just 1 year! Let's imagine that they have the Tesla with a very good discount: 30000$ a piece. That would cost them: 100 000 x 30 000 = 3 000 000 000 $ I have hard time to believe that they have that cash in hand, or that they can borrow that…

> or that they can borrow that much!

What if the loan is secured by $5 billion in assets from their current fleet?

Re: Hertz orders 100k Teslas

#148

Post by bonestamp2 »

toomuchtodo wrote: post #91

“How do we democratize access to electric vehicles? That’s a very important part of our strategy,” Mark Fields, who joined Hertz as interim chief executive officer earlier this month, said in an interview. “Tesla is the only manufacturer that can produce EVs at scale.”

BMW, General Motors, Audi, and Nissan would like a word.

Re: Hertz orders 100k Teslas

#149

Post by Rebelgecko »

zht wrote: post #3
llampx wrote: post #2

Where I live, it is exceedingly hard to get anything electric or even hybrid as a rental. Sometimes I wonder why that is. There are companies offering EVs for short-term rentals by the minute or hour, but not as many of the big companies which seem to treat EVs more as a curiosity and group them with Maseratis or Luxury SUVs in terms of price and availability. I hope this news is enough to shake up the leadership at…

Probably cause it’s hard to get people to charge them before they get returned

I recently rented a plug-in hybrid and was hoping to top it off where I was staying... turns out that the rental company removed the 120v charger

Re: Hertz orders 100k Teslas

#150

Post by skykooler »

mcot2 wrote: post #130
senectus1 wrote: post #127

Earlier quoted context omitted.

christ, I want a cool electric car more and more. but reading stuff like this all the time is just re-enforcing my decision to leave Tesla off that list of potentials. A car is a tool I use to get my family around from point A to B SAFELY. Its also a fairly significant chunk of debt, and I want it to last a long time and behave EXACTLY the way I expect it to. Every day. Tesla really doesn't fit that bill atm

Thus far there isn’t really a no-nonsense EV with limited tech and phsyical buttons for everything. Once you go the big center screen route you are kind of locking yourself into an infotainment computer that will be obsolete long before the cars powertrain is and an interface that will change over time like a modern smartphone. Once you know those truths, Tesla isn’t a bad choice as their computers are at least parti…

Bollinger B1 maybe, though it's still in preorder.
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