Can they even make use of such a large number? Is this a Tesla options play on their part?
Yes. The rental companies typically buy more than this from the other automakers every year (and it never affects those stocks, lol).
Hertz orders 100k Teslas
151–160 of 516 posts
Re: Hertz orders 100k Teslas
#152Is 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…
Supposedly rental car companies keep their cars an average of 13 months and are constantly turning over their fleet. This order is over at least a year, so I imagined it's just that they will be buying Model 3's instead of whatever else. The advantage is their service costs and depreciation will be greatly reduced and they can keep the Tesla's 2-3x longer before needing to replace them. This should be a huge reductio…
In addition, the rental car companies sold more of their fleet than typical during the pandemic to help ride-out the large decrease in business. As travel continues to pick up they need to replenish their fleets anyway. Finally it isn't a great time to be buying cars in general, so the penalty of buying a Tesla vs another car is lower now than it typically would be.
Re: Hertz orders 100k Teslas
#153Earlier 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.
Unfortunately I've that you can't rely on the chargers being available at most hotels. In my experience they're frequently either ICE-ed (the charging spot is taken by a non-EV car), or there's already another car charging.
Re: Hertz orders 100k Teslas
#154Hope they disable some of the Tesla Easter eggs. Having the road diagram turn into a rainbow and Don’t Fear The Reaper blast out of the speakers because you hit an on screen button four times is pretty unnerving if you’re familiar with the car and really wouldn’t be what you want having just got off a long flight and driving in a city you don’t know in a car you don’t know.
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
Tesla is the safest car on the road. In fact, the three safest cars on the road.
Re: Hertz orders 100k Teslas
#155Earlier quoted context omitted.
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.
Coasting is way more efficient than regenerative braking slowing your roll, causing you to need to accelerate again.
Hence why many non-car electrified rides disable Regen braking in Eco mode when your not accelerating or braking as keeping that mechanical energy & momentum is much more efficient than paying the conversion penalty to turn it back into electricity.
Re: Hertz orders 100k Teslas
#156How will they overcharge for gas with these?
Even higher margins with electricity. Instead of charging you $5 a gallon, they can even charge $.50 per kWh (or translate it to miles) and that's something like a 3x markup. Even more if they use a renewable energy source. In my rough calculations, it costs something like $5-$7 to charge from empty to full on my Model-3 mid-range.
Exactly. When you are running late to get to the airport, stopping to charge your Tesla is a bigger delay than stopping to gas up a car, so this will likely give them even more people they can gouge.
And having a charger at the hotel you stay out won't be enough considering how many times I have filled up the tank the night before, but they could still tell that I used gas just driving from the hotel to the airport.
Re: Hertz orders 100k Teslas
#157Earlier quoted context omitted.
I see it more cynically. It's more likely to be that if you don't return it on a full charge then you will face a hefty recharge fee.
According to Car and Driver, a Hertz spokesperson said that ‘customers can return the EVs not fully recharged "for now," a difference from the rules for returning gasoline-powered vehicles.’ https://www.caranddriver.com/news/a38052601/hertz-buying-100...
The cost of electricity is probably less than $5, plus the time they spend cleaning the car for the next person they can get to 80% charge
Re: Hertz orders 100k Teslas
#158Earlier quoted context omitted.
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.
Coasting is way more efficient than regenerative braking slowing your roll, causing you to need to accelerate again. Hence why many non-car electrified rides disable Regen braking in Eco mode when your not accelerating or braking as keeping that mechanical energy & momentum is much more efficient than paying the conversion penalty to turn it back into electricity.
As far as I can tell, from the somewhat minimal GUI Tesla gives you, and the general feeling while driving...
You can "coast" with regen on, you just need to balance the accelerator at the point where you aren't adding power, but the car isn't taking power away.
You won't see any green or black on the power usage bar.
Coming down long mountain roads, it's somewhat easier than coasting in an ICE and having to continually shift down gears or ride the brakes (which is obviously bad).
Re: Hertz orders 100k Teslas
#159Earlier quoted context omitted.
I am pretty sure these companies will price in the time to charge and up charge the electricity rates. Considering they wouldn't want to fast charge all the time, they probably price in 2 or 3 hours of time of every rental for charging.
Considering the barrier to entry for these rental companies to fast charge and/or renewables charge (solar?) on-site is far lower than becoming a gas station, I expect this to just be another axis they compete on as things mature. That should translate into savings and/or warm fuzzies for customers in the long-run, though it may take a minute before we get there. There was no realistic scenario for rental companies t…
Hertz can use this to differentiate themselves: “return the car without worrying about filling it up!”
Re: Hertz orders 100k Teslas
#160Hope they disable some of the Tesla Easter eggs. Having the road diagram turn into a rainbow and Don’t Fear The Reaper blast out of the speakers because you hit an on screen button four times is pretty unnerving if you’re familiar with the car and really wouldn’t be what you want having just got off a long flight and driving in a city you don’t know in a car you don’t know.
Is this an actual easter egg? Is there a list somewhere documenting these?