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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.

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Tesla starts promoting Model 3 and Model Y’s IRA-adjusted prices

Teslarati

Recent activities from Tesla suggest that the electric car maker is putting quite a bit of effort into marketing its vehicles to as many people as possible. The prices emphasized on the Model 3 and Model Y’s pages also list the cost of the vehicles after the IRA’s tax credit has been applied. ” Tesla stated.

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Tesla unloads new Semi details: variants, efficiency, fleet data so far

Teslarati

The Tesla Semi program is arguably one of the most intriguing within the scope of the company in recent memory. Tesla Semi sleeper section and large side storage teased in new video Tesla Semi Configurations Priestly said Tesla will develop several configurations of the Semi so that they can be purchased according to the buyer’s needs.

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Feature: How Expensive Is EV Maintenance?

Clean Fleet Report

All vehicles require some form of maintenance. That said, drivers will typically spend less on long-term maintenance than they would for an internal combustion engine (ICE) car over time. So, just how expensive is EV maintenance overall? Average Maintenance Costs. Preventive Maintenance Tips for Your EV.

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Tesla faces old lawsuit that claims it monopolizes repair and parts market

Teslarati

Tesla has to face a lawsuit brought on by vehicle owners who stated the company has monopolized the repair and parts market for its vehicles. But nowhere do plaintiffs allege that consumers are, in fact, unaware of the supposedly supracompetitive prices and exorbitant wait times.” The case is labeled as Lambrix v Tesla Inc, U.S.

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Tesla Lathrop Megafactory spotted with 326 Megapack batteries

Teslarati

The Tesla Megapack battery could be considered as one of the rising stars of the company. During the fourth quarter and full year 2023 earnings call, Tesla executives highlighted that the growth of Tesla’s energy storage business would outpace the growth of the company’s automotive division this year. MW of power and 3.9

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Anaheim Police to deploy Tesla Model Y cruisers this week

Teslarati

The Anaheim Police Department is set to begin a pilot program for six Tesla Model Y units on Monday, as the agency responds to a shortage of patrol cars. Due to our patrol vehicle shortage, we had to seek out alternative vehicle options, which led us to explore utilizing Teslas as police vehicles,” Armendariz said. “We

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