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Hertz CEO Leaves After Buying 100,000 Teslas

The Truth About Cars

Almost all of us have made a boneheaded purchase or three in our lives. But few are notable as the debacle at Hertz, a company which most gearheads know decided to buy tens of thousands of electric vehicles only to bin them at severely subvented prices. Now, the CEO is stepping down from his role.

Buy 116
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Tesla price cuts hinder Hertz earnings as it misses profit estimates

Teslarati

Tesla’s price cuts throughout the third quarter provided challenges for rental company Hertz ( NASDAQ: HTZ ), who adopted the electric automaker’s vehicles in 2021 for its fleet. The swings in pricing hindered Hertz’s Q3 earnings report, as it missed profit estimates. I’d love to hear from you!

Price 143
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Tesla Model 3 Highland named best car you can buy in Norway

Teslarati

As per the publication, the best car to purchase in the country today is none other than the upgraded Tesla Model 3, better known in EV circles as Project Highland. The Tesla Model 3 has always been a great car. There is a reason why it became one of the world’s best-selling electric vehicles, after all.

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Hertz now selling former Tesla rentals at bargain prices

Teslarati

Hertz is selling off some of its Tesla models that were formerly rentals, and the vehicles are currently available at some pretty low prices. As part of the Rent2Buy vehicle sales program on its website , Hertz has listed hundreds of its early Tesla rentals for sale at fairly low prices.

Price 140
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Tesla Looks to Boost Model Y Sales with Threats of Nearing Price Increases

The Truth About Cars

The Tesla Model Y is a wildly popular EV on the global stage, but the automaker is still looking for ways to boost sales and keep it relevant. That has led the company to offer various promotions and discounts in the past, either through price cuts or the offer of free charging with a vehicle purchase.

Price 111
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We buy a used Porsche Taycan! Bargain price, 1000km road trip and charging dramas

EV Central

“That’s proper arse-hole parking,” says the Tesla Model 3 owner as he stares – bewildered – at our Porsche Taycan blocking three Tesla superchargers. Arse-hole parking engaged: charging a Porsche Taycan RWD with a Tesla Supercharger. But this is all fine. He’s not wrong.

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87% of US Tesla drivers say they’ll buy another Tesla

Baua Electric

Photo: Tesla Tesla maintains an 87% brand retention rate, with Lexus (68%) and Toyota (54%) trailing, according to a new Bloomberg Intelligence survey. Moreover, 81% of prospective US Tesla drivers are new customers switching from competing EV brands. Get started here. – ad* FTC: We use income earning auto affiliate links.

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