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Hertz orders 100k Teslas

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41–50 of 516 posts

Re: Hertz orders 100k Teslas

#41

Earlier quoted context omitted.

"If you don't recharge the car fully before returning we'll charge the battery for you at the cost of $.XX / kWh..."

But recharging fully isn’t good for the battery long term.

LFP batteries can be fully charged and Tesla is switching their standard range vehicles to LFP. It's possible that Hertz is ordering standard range / LFP Teslas.

Re: Hertz orders 100k Teslas

#42
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…

The business model of rental companies require them to resell their cars every 2 or 3 years. Probably they were afraid because a used electric cars market is still something that is not very established.

Re: Hertz orders 100k Teslas

#43
> Car-rental firm, recently emerged from bankruptcy under new ownership, orders vehicles by the end of 2022

That does sound crazy that they re doing it while they ll be still in pandemic, which bankrupted them in the first place. I guess in the US people can always find a charger. I wonder how many people will rent those cars for the novelty factor, and novelty only works once. And it will be interesting to see what people think after they have rented one

Re: Hertz orders 100k Teslas

#44
Colour me skeptical.

Hertz just declared itself bankrupt a year ago, now they have 4bn cash to spare? Both things cannot be true in such a small timespan.

Either the 'bankruptcy' was a fraud, or the Tesla deal has some small letters like "of which we will acquire 1,000 per year for the next 100 years".

Sure, the official story is "we were bankrupt but we found new investors at the most convenient time", but that could've easily planned beforehand. Also, they raise 1.65bn [1], but suddenly spend 4bn? The math doesn't add up.

1: https://www.foxbusiness.com/markets/hertz-funding-stock-soar...

Re: Hertz orders 100k Teslas

#45

Earlier quoted context omitted.

"If you don't recharge the car fully before returning we'll charge the battery for you at the cost of $.XX / kWh..."

But recharging fully isn’t good for the battery long term.

Car rental companies aren't in it for the long term. iirc they hang on to a vehicle for an average of something like 8 or 9 months (Was told this many, many years ago, so probably a bit out of date, but probably not off by much.)

Re: Hertz orders 100k Teslas

#46
They'll probably ask Tesla to put in a brief training video for people who haven't driven one before.

But a Model 3 is absolutely a perfect rental car. Compact, zippy, comfortable, and makes you look good if you pull up to a meeting out of town in one.

Re: Hertz orders 100k Teslas

#47
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.

As a non-Tesla owner, I'd love to rent a Tesla on my vacations just to try it before deciding on buying one. I'd say it's much better for renting than buying, as I know how I would use it beforehand.

> As a non-Tesla owner, I'd love to rent a Tesla on my vacations just to try it before deciding on buying one.

Me too. I actually looked into that a few months ago. In Boston Massachusetts, there is this place: https://www.teslarents.com/

But we were going to San Francisco not Boston, and there was nothing that I could google up. With the exception of Oslo, Norway; I've never seen so many Teslas as I did in the Bay area, but it seemed really hard to rent one for a few days.

Maybe by the next time that I'm there a Tesla 3 will be standard at Hertz, but in 2021 you'll be lucky to get a Nissan. The competence and availability of even that, was low.

Re: Hertz orders 100k Teslas

#48

Earlier quoted context omitted.

I hopped in my Tesla for the first time and after a single stop sign where I stopped kind of weird (not honestly that bad), that was it. The Tesla person on the initial lesson assumed I'd driven one before. You get the hang of it really quick. Same story for many other people who've driven my car. If you're not using regenerative breaking it's pretty much like a normal car sans the small acceleration gas cars provide…

> small acceleration gas cars provide with no braking Gas automatic cars :)

In my experience cars with diesel engines and manual transmissions also had the tendency to creep forward instead of stalling while in first gear when neither brake nor accelerator pedal was stepped on.

Re: Hertz orders 100k Teslas

#49
post #24

Earlier quoted context omitted.

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.

Cost depends on local electricity prices. In Bay Area, it would cost $21-25

Correct. Here in the DC Metro area, we pay about $.15 per kWh.

Re: Hertz orders 100k Teslas

#50
Makes sense. I'd wager a good chunk of rentals (especially business use) use under a single charge worth of mileage and the reduced maintenance fees are probably a big deal for Hertz.
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