hertz rushing to unload even-more EVs +

[evln]

https://www.autoweek.com/news/a60635964/hertz-rental-ev-losses/
Hertz Is Selling Off More EVs After Major Losses
2024/04/29 ... The rental giant is rushing to unload more of its electric cars after running into a familiar problem ... Hertz reveals it will reduce its EV fleet by an additional 10,000 cars, after suffering higher-than-expected depreciation of its electric models.  The rental giant, which has recently seen its CEO resign, will sell off 30,000 EVs this year after posting a loss of $392 million in Q1 2024.  Hertz had planned to buy some 100,000 Teslas during the pandemic rebound in travel in 2021, expecting reduced costs, but is not believed to have taken delivery of that many ... Hertz intends to get rid of 30,000 EVs ...
https://hips.hearstapps.com/hmg-prod/images/hertz-tesla-662faa613310a.jpeg?crop=1.00xw:0.845xh;0,0.106xh



buy a used EV at fire-sale prices> an ongoing hullabaloo

https://www.autospies.com/news/index.aspx?submissionid=120911
Analyst Claims If You Can't Afford A New EV Just Roll The Dice And By Used One At Fire Sale Prices
2024/04/10 ... The electric vehicle community seems aghast ...
It’s unclear if the Tesla Model 2, which was supposed to bring affordable and reliable zero-emissions mobility to the masses, will ever exist ... Musk ... announced robotaxi plans ... also added that Tesla ... developing the self-driving system ...
https://www.autospies.com/images/users/Agent009/main/cut%20rate.jpg




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