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Hertz orders 100k Teslas

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Re: Hertz orders 100k Teslas

#501

Earlier quoted context omitted.

Surely Ukraine just needs to allow EDF to build few nuclear power stations on long term agreements to end their dependence on Russian heating oil?

Its surely just that easy... for a small and relatively powerless nation to product nuclear power under the watchful eye of a very powerful nation that doesn't want it.

Ukraine already has 15 reactors generating about half of its electricity. (Including one famous one).

Ukraine receives most of its nuclear services and nuclear fuel from Russia, but is reducing this dependence by buying fuel from Westinghouse in the USA.

Just do more of this. I doubt Russia will attack a US concession that's building a nuclear plant.

Re: Hertz orders 100k Teslas

#502

Earlier quoted context omitted.

There is one problem coming: people fighting over chargers. I was in a Target parking lot with two people fighting over who got to the charger first. Fortunately the mall 5 miles away has a Tesla outlet and a dozen underground charging slots.

We had that last month in the UK with people fighting over gas. https://metro.co.uk/2021/09/29/more-petrol-fights-break-out-... https://www.standard.co.uk/news/london/fights-petrol-station... In the US, people constantly pull out a gun at fast food outlets because they've got the wrong type of cheese on their waffle, or because burger king don't take discover, or some nonsense. https://www.msn.com/en-us/news/crime/wa…

I don't think you understand the word "constantly". You make it sound like the US fast food scene is a warzone over a single article that is newsworthy because it isn't _that_ common.

Re: Hertz orders 100k Teslas

#503

Earlier quoted context omitted.

For the record, their market cap is also greater than "Australia's Woodside Petroleum, Chevron, Exxon Mobil, Imperial Oil, Royal Dutch Shell, Shell Energy North America, Canadian Natural Resources, ConocoPhillips and French group Total [combined]" [1], so they're also valued kind of crazy compared to energy companies...and that was in January 2021 before the most recent spike. Sure, part of that is faith in renewable…

They are also an innovation engine. You have to value all of the things they havent created yet but will.

I uhhh you are kidding right? Sounds like those metaverse crypto scams...

Re: Hertz orders 100k Teslas

#504

Earlier quoted context omitted.

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

"San Francisco area households paid an average of 26.3 cents per kilowatt hour (kWh) of electricity in September 2021." [1]. The standard Model 3 has a 50kWh battery, so the cost is roughly $13. If you charge between 23:00-07:00 the cost is reduced to $7 [2], though presumably that incurs the cost of installing an extra meter. It would be $9.50 sticking with a single meter for house + car. (For what it's worth, in De…

[1] is not a good measure, because of low income subsidies not everyone qualifies for. I live in the Bay area, and I pay 35-41 cents/kwh in summer. Now if I charge during the nights with the EV plan, I get preferential price of 14 cents/kwh but that makes my day time use (for other things) that much more expensive. Sorry, I didn't mention I drive a long range model 3, and quoted the price for it, not the parent's mid range.

Re: Hertz orders 100k Teslas

#505

Earlier quoted context omitted.

That's only if you consider this a one time thing. Those 100K vehicles are going to need replacement in a few years. And considering, Hertz's stock price increase, investors are clearly believing this is a great deal for them. Which raises the question about where all their competitors will be buying their EVs. There are millions of rental vehicles. Close to 2M in the US alone. The reasons Hertz is considered to be g…

Do you have some numbers on lower maintenance? From a quick look around [1-2] they seem pretty similar to other manufacturers. [1]: https://caredge.com/toyota/maintenance [2]: https://caredge.com/tesla/maintenance

It’s not about the cost in the charts you shared, it’s about the frequency (downtime / opportunity cost) and what’s involved:

https://caredge.com/tesla/model-3/maintenance#schedule - Hertz could easily train 1 tech at every airport to do this entire maintenance with a basic lift and simple materials.

For a Toyota Camry, this work occurs 2x as often (downtime is a big deal for rental companies) and is not easily performed without a much more capable shop: https://caredge.com/toyota/camry/maintenance#schedule

Less moving parts, less fluids…now I want a Model 3.

Re: Hertz orders 100k Teslas

#506
post #486

Earlier quoted context omitted.

They don't seem equivalent: 1. Nissan Leaf $28,375 - 150 Mile range for this price. (It is not advisable to drive this car long distances because the battery overheats and will reduce charging) 2. Mazda MX-30 $34,645 - ~100 mile range (ideal conditions) 3. Hyundai Ioniq $34,650 - 170 miles Model 3 starts at 262 Miles and has the superchargers + most of the stuff Tesla is known for included (sentry mode, good UI softw…

The 2022 Chevrolet Bolt has a range of 259 miles and starts at $31,995. It has the "Super Cruise" that Consumer Reports rates as the #1 Assisted Driver tech. Tesla MSRP Price is $42k... https://www.caranddriver.com/news/a35494747/2022-chevrolet-b... https://www.consumerreports.org/car-safety/cadillac-super-cr...

Seems promising although I don't know if consumers will like the compromised storage space and the design. GM had an opportunity to really outshine after the v1 Bolt but it seems like they took an incremental approach to the v2 Bolt. It is a potentially competitive vehicle assuming they didn't cut corners like they did with the first Bolt such as using the worst seats in the GM parts bin. I guess many will ignore these issues but I wonder how many potential sales are lost due to the LG battery fires in the Gen v1 Bolt.

Re: Hertz orders 100k Teslas

#507

Earlier quoted context omitted.

They don't seem equivalent: 1. Nissan Leaf $28,375 - 150 Mile range for this price. (It is not advisable to drive this car long distances because the battery overheats and will reduce charging) 2. Mazda MX-30 $34,645 - ~100 mile range (ideal conditions) 3. Hyundai Ioniq $34,650 - 170 miles Model 3 starts at 262 Miles and has the superchargers + most of the stuff Tesla is known for included (sentry mode, good UI softw…

All of this true, but none of it is relevant. All of the cars I listed are real street legal cars (no NEVs), available for purchase today (no concepts), that are plugin electrics (no hybrids) with a range in excess of 100 miles, with a price less than $40,000. These are viable inexpensive cars. That was the criteria. Arguing that these don't count because they're not comparable to one that costs 50% more, isn't fair.…

>All of the cars I listed are real street legal cars (no NEVs), available for purchase today (no concepts), that are plugin electrics (no hybrids) with a range in excess of 100 miles, with a price less than $40,000. These are viable inexpensive cars. That was the criteria. Arguing that these don't count because they're not comparable to one that costs 50% more, isn't fair.

My argument is that the cars are priced the same as Tesla. You are paying less but getting a compromised car in many respects(range, charge time, reduced interior quality/size). You are basically buying Gen 1 tech at standard price.

>The software you’re citing for Tesla is gimmicks and cruel jokes.

I think we are not going to agree on this but these days they have an excellent UI experience. You haven't actually spent an extended amount of time in a modern Tesla have you? These other cars you cite have gimped infotainment compared to Tesla so they have to be augmented with Carplay. Some people would prefer to use their iPhone as it can be upgraded, fair enough. Tesla decided to go in another direction.

But Tesla also throws in nice to haves such as Sentry mode, games etc. These are non-existant on the other platforms even as an option. Why would you value something like Sentry mode at 0$? It is a value add for some even if you don't want to use it.

>The state with longest average commute distance is New Hampshire at 46 miles.[0] Even if that’s one way, that’s only 100 miles a day. Assuming you can only charge overnight, you’ll never use that extra range. You'll never even go below 50% if you can charge at work.

This is Gen 1 EV mindset. You are paying ~35K for a car that can't go long distances/cannot fast charge? The Mazda cannot even match the 2012 Nissan Leaf. I was researching the Mazda as a potential vehicle since I really like their cars but this is not something I could fathom paying for and not feel ripped off. It is not fast, not really luxurious, has short range. It has no redeeming qualities other than it is Mazda's first EV.

[1]:https://insideevs.com/news/452551/mazda-mx30-dc-charging-tes...

At that point you are not getting 35K worth of value out of these cars. A basic gas car is more competitive at this price range. The collection of people who would pay 35K for a 100-150 mile EV but not buy a gas car or pay more for a viable EV has got to be quite small. In fact I'd wager that the car shortage + Carpool lane access in some states + aggressive incentives is whats driving any sales of these cars. In the case of the Mazda they are only selling in CA from what I understand.

Re: Hertz orders 100k Teslas

#508

Earlier quoted context omitted.

I think you are too optimistic about Israel. These other countries can be dropped easily but Israel is a huge liability that I don't know how the US will get rid of. I do feel confident that the winds are starting to fly against them slowly but I don't have my hopes up. It will likely be a generational shift that finally does them in but IDK. What do you think?

If the US drops Israel someone else will pick them up (like Russia or China or India). The country is developed, produces tons of IP, and is armed to the teeth (and has nuclear weapons). But this is lala-land thinking. As long as the United States remains on the UN Security Council (which is equivalent to saying as long as the UN continues to exist in any practical form), both Taiwan and Israel will remain our client…

If the US drops Israel, it paves the way for economic sanctions against the country for their dealings of Palestinians. This is why they got really triggered over BDS. They cannot be swayed militarily or via protest but economic is a whole different ballgame.

A lot of European/Asian countries would like to distance themselves from Israel but cannot due to US influence. Furthermore losing the US support loosens their investments into the country and siding with China or Russia would cut a lot of economic ties to the US for sure.

>But this is lala-land thinking. As long as the United States remains on the UN Security Council (which is equivalent to saying as long as the UN continues to exist in any practical form), both Taiwan and Israel will remain our client states.

Thats my point, if US leadership decides that Israel is no longer worth the liability, then that entails allowing the UN and its member states to start putting real pressure on Israel. Again, you might think this is lala-land but we are seeing small changes starting to happen as the internet has helped to expose Israel and act as a counterbalance to mainstream talking points.

With Millennials and Gen-Z starting to come into power we are seeing even more pushback. I don't realistically see meaningful reform until Boomers are pushed out. While all this is happening in the West, Israel has made a turn towards hard right wing and I feel this will be a strategic error long term as the pendulum is swinging back to hard left in the western countries.

Re: Hertz orders 100k Teslas

#509

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…

Can anyone with an EV speak to the difference in insurance for these vehicles? That is, if I rented a Tesla, would my regular insurance cover me sufficiently, or would I be a fool not to buy the rental company's insurance addon? I'm sure they'll charge a pretty penny for this, and scare plenty of folks into buying it. What would be good reasons to do so?

This is impossible to answer without the details of your car insurance. It entirely depends on what your insurer’s rental car policies are.

There are two issues at hand: accident liability and damage/theft.

For liability, it’s typical that states require rental companies to purchase stare minimum or sometimes a higher liability level than the state minimum as a base.

For damage/collision, there’s no requirement for anyone to hold coverage, so that’s on you. Many travel credit cards offer damage/collision insurance as a feature, and some individual car insurance plans extend coverage from your personal car insurance to rented cars, but don’t assume this.

You can generally rent a car if you don’t own a car and don’t own your own car insurance, and in most states you wouldn’t be obligated to purchase additional coverage from the car insurer.

A Tesla is no different than any other expensive car rental, the fact that it’s electric is irrelevant. It’s no different than renting an Audi Q7 from a rental car company.

Re: Hertz orders 100k Teslas

#510

Earlier quoted context omitted.

Tesla’s stock price is confusing if you compare them to a car company. But they are not just a car company. They are also a car manufacturing supply chain, having brought much of their component production in house. They are also an energy company, both generation and storage, but also distribution, like gas stations. Think Exxon, BP, Chevron, ARCO, etc. They are probably a few other things, but this is the mystery o…

For the record, their market cap is also greater than "Australia's Woodside Petroleum, Chevron, Exxon Mobil, Imperial Oil, Royal Dutch Shell, Shell Energy North America, Canadian Natural Resources, ConocoPhillips and French group Total [combined]" [1], so they're also valued kind of crazy compared to energy companies...and that was in January 2021 before the most recent spike. Sure, part of that is faith in renewable…

One way to explain this is that “goodwill” is an intangible that shows up on the balance sheet, which must always be balanced. Assets = Liabilities + equity.

Goodwill is on the asset side of the equation.

Basically, Tesla stock owners consider the company to have ambiguous secret sauce of the right employees, IP, brand recognition/reputation that makes it more valuable than its current on-paper business activity.

Or, it’s just a stock that they believe they can find buyers for – a belief which has been proven to so far be true.

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