article thumbnail

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

Green Car Reports

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.

Gasoline 169
article thumbnail

DOJ echoes Tesla argument in Louisiana direct sales appeal

Teslarati

Department of Justice (DOJ) has backed an argument from Tesla this week during a circuit court appeal of a case with the state of Louisiana over its automotive direct sales ban rules. Lousiana Motor Vehicle Commission attorneys did not respond to Reuters ’ request for comment on the matter, nor did Tesla.

Louisiana 129
article thumbnail

Tesla dominates Carvana EV sales, but the order might surprise you

Teslarati

Tesla dominated Carvana’s 2023 EV sales figures, but the order of vehicles might surprise you. To our surprise, the Tesla Model Y was not Carvana’s best-selling EV in 2023; the Model 3 was. Although Carvana did not list specific figures for each vehicle’s sales, the Model 3 topped the list.

Sale 116
article thumbnail

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. These moves are not at all surprising for Tesla, but the company is in an interesting position. Image: Tesla] Become a& TTAC insider.

Price 111
article thumbnail

Tesla loses direct sales lawsuit that aimed to fight stressful carbuying

Teslarati

Tesla had its lawsuit against the State of Louisiana that aimed to enable direct sales of vehicles thrown out by a federal court late last week in an effort to fight stressful car buying. Tesla has operated with a direct-to-consumer sales model, which fixes prices on vehicles unless the automaker adjusts them.

Sale 112
article thumbnail

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.

article thumbnail

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.

Buy 52