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Hertz orders 100k Teslas

bloomberg.com

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Re: Hertz orders 100k Teslas

#251

Post by Jensson »

kyruzic wrote: post #230
chemmail wrote: post #226

Earlier quoted context omitted.

Their price is fine if you look at the Apple analog. Not even knows they want a Tesla like not everyone knew they wanted an iPhone. It's not that they even want one, you basically have to have a smartphone nowdays. EVs will be similar in many many respects. And once someone tries one, that is it. There is no going back. Of coarse there are other brands of smartphones, but not thing comes close to iPhone in terms of t…

Except apple is like louis vutton. Most people can actually afford an iphone or a louis vutton bag. Most people cannot afford to drop 50k on a tesla.

Investors are betting on Tesla cars getting cheap enough that average people can afford them.

Re: Hertz orders 100k Teslas

#252

Post by jordanbeiber »

throwawaaaaay17 wrote: post #229

Tesla surges by over $100B on a $4B (revenue) deal, likely at very low margins. Memes galore.

They also reported that model 3 sales in Europe for the month was just shy of 25k which is the first time an EV topped monthly sales.

Renault Clio on spot #2 with 18k sold.

Interesting considering the price of the tesla….

Re: Hertz orders 100k Teslas

#253

Post by [deleted] »

kyruzic wrote: post #230
chemmail wrote: post #226

Earlier quoted context omitted.

Their price is fine if you look at the Apple analog. Not even knows they want a Tesla like not everyone knew they wanted an iPhone. It's not that they even want one, you basically have to have a smartphone nowdays. EVs will be similar in many many respects. And once someone tries one, that is it. There is no going back. Of coarse there are other brands of smartphones, but not thing comes close to iPhone in terms of t…

Except apple is like louis vutton. Most people can actually afford an iphone or a louis vutton bag. Most people cannot afford to drop 50k on a tesla.

[deleted]

Re: Hertz orders 100k Teslas

#254

Post by HWR_14 »

nroets wrote: post #183
thehappypm wrote: post #77

Electric cars are actually a very good fit for many rentals. Thinking through my last 5 rentals. A wedding that was 1 hour from an airport, ~100 miles RT. A ski trip where I wanted to drive from Denver to my AirBnB near Winter Park Colorado, ~200 miles RT. A hiking trip where I needed a second car for a point-to-point car shuttle (New Hampshire!), ~120 miles RT. A bachelor party where I needed to drive from the airpo…

Electric cars are also a good fit for rental companies for another reason: Their customers want to make a good first impression on customers, new friends and other individuals they rarely see.

I'm sure some people do, but do most people really judge each other on rental cars?

That seems, well, stupid. Frankly, I'm not sure if most customers ever even see me in my rental car.

Re: Hertz orders 100k Teslas

#255

Post by ajb »

aqzman wrote: post #15

I say this having never driven a Tesla, but are they really suitable rental cars? 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. Maybe it's a non-issue.

I rented an electric Zipcar recently (not a Tesla), without any previous experience of electric cars. My only problem was switching it on, which doesn't quite work like an ICE and there is some control position you need to adopt before it will let you do it. The ten minutes I spent on that were quite frustrating, since I was late and it seemed like I might not be able to get the car to work; also because Zipcar charge by the minute. But I had no problems after that.

Re: Hertz orders 100k Teslas

#256

Post by theshrike79 »

randyrand wrote: post #122
thehappypm wrote: post #77

Electric cars are actually a very good fit for many rentals. Thinking through my last 5 rentals. A wedding that was 1 hour from an airport, ~100 miles RT. A ski trip where I wanted to drive from Denver to my AirBnB near Winter Park Colorado, ~200 miles RT. A hiking trip where I needed a second car for a point-to-point car shuttle (New Hampshire!), ~120 miles RT. A bachelor party where I needed to drive from the airpo…

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

They'll wise up to it when people start requesting it.

I'll even pay a premium for a 100% guaranteed reserved charging spot at a hotel. This way I can just gun it and arrive at 1% charge, plug in, sleep, have breakfast and be on my way with a full battery again.

Re: Hertz orders 100k Teslas

#257

Post by kjksf »

bonestamp2 wrote: post #148
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.

All those companies currently make less than 100k EVs per year.

GM barely makes (made) 20k of Bolt per year.

You might argue about what number constitutes scale or philosophically argue that "can" means some future, not current, ability.

But if you're Hertz and want 100k cars within a year, Tesla is the only company that can deliver that.

Re: Hertz orders 100k Teslas

#258

Post by HWR_14 »

kjksf wrote: post #228
hughes wrote: post #171

Earlier quoted context omitted.

The more significant cost to Hertz would be the hours spent charging before the vehicle is back in service

People tend to not rent cars at night. So the time spent by a Hertz employee is 1 minute to plug and then unplug the car. And if the car isn't fully charged and someone wants to rent it, they can either wait additional 30 minutes for full charge or get not-fully-charged car immediately and charge it at a later time. Either way, it's effectively zero time and cost to Hertz.

I frequently (pre-COVID) saw cars were literally being turned as fast as possible because people were waiting for them. The idea that an N (N << total number of EVs) car wide throughput problem with 30 minute cycle time isn't a bottleneck is insanely naive to me.

Re: Hertz orders 100k Teslas

#259

Post by 908087 »

chemmail wrote: post #226
sdhfjg wrote: post #184

Earlier quoted context omitted.

Tesla might be "...doing it...", but that doesn't mean the stock price isn't confusing.

Their price is fine if you look at the Apple analog. Not even knows they want a Tesla like not everyone knew they wanted an iPhone. It's not that they even want one, you basically have to have a smartphone nowdays. EVs will be similar in many many respects. And once someone tries one, that is it. There is no going back. Of coarse there are other brands of smartphones, but not thing comes close to iPhone in terms of t…

I've spent plenty of time driving Teslas, and I've always been happy to go back to my own vehicles. I'd never buy one.

That's not to say I don't think EVs are interesting. Teslas just happen to be garbage.

Re: Hertz orders 100k Teslas

#260

Post by theshrike79 »

jordanbeiber wrote: post #252
throwawaaaaay17 wrote: post #229

Tesla surges by over $100B on a $4B (revenue) deal, likely at very low margins. Memes galore.

They also reported that model 3 sales in Europe for the month was just shy of 25k which is the first time an EV topped monthly sales. Renault Clio on spot #2 with 18k sold. Interesting considering the price of the tesla….

I think people are doing the math on car TCO finally.

If nothing goes wrong, the first two-three years are practically free for an EV. Home charging costs pennies and if you're really stingy you can use free public chargers.

Then you might need a new set of tires maybe a quick maintenance at the dealership and you're good for a few years again.

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