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Hertz is selling EVs, including Teslas, to buy gasoline models

Baua Electric

Hertz on Thursday announced that it’s selling about 20,000 EVs, including some Teslas, from its U.S. rental fleet to buy gasoline cars. The company said in a filing with the Securities and Exchange Commission (SEC) that the sales of these vehicles, which represent about one third of its global EV fleet, began in Dec.

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Hertz continues to feel EV losses, plans to dump more from its fleet

Teslarati

Hertz said it incurred a $195 million charge to vehicle depreciation to write down the EVs held for sale. 119 of the $339 was related to EVs held for sale. In October 2021 , Hertz said it intended to buy $4.2 billion in Tesla EVs from the company. Tesla inks $4.2B The losses continued in Q1.

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It’s a buyers’ market! Tesla Model 3 and Tesla Model Y dominate  rapidly growing used EV sales in Australia

EV Central

While demand growth for EVs outstrips traditional petrol and diesel vehicles, buyers still have the upper hand in an Australian used electric vehicle market dominated by Tesla. That’s the findings from the Automotive Insights Report analysing March 2024 used car sales compiled by AutoGrab and the Australian Automotive Dealer Association.

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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.

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Tesla Cybertruck owner banned from future orders over resale attempts

Teslarati

It appears that Tesla is attempting to enforce its no-resale agreement on the Cybertruck, as one owner says that they’ve been blacklisted from buying future vehicles from the company. “Tesla may also refuse to sell you any future vehicles.” “Tesla may also refuse to sell you any future vehicles.”

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Elon Musk, Twitter reach agreement for sale of social media platform

Teslarati

Following Tesla CEO Elon Musk’s proposal to complete a buyout of social media platform Twitter, the company’s board has decided to accept the offer of $54.20 Twitter confirmed the sale to Musk in a statement on Monday. “Twitter, Inc.

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Tesla Model 3 comes up for sale. for $150,000

Green Car Reports

One of the mere handful of Tesla Model 3 electric cars on the road made its way to Craigslist—very briefly—on Wednesday. That's enough to buy a very well-equipped Tesla Model S and it'll eventually. But it wasn't the fact that the Model 3 was the only one on the open market at the time.

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