https://www.theverge.com/2023/10/27/23934691/hertz-tesla-uber-ev-plans-damage-repair-price-cuts
Rental car company Hertz once envisioned itself as the ultimate EV broker, doling out battery-powered vehicles to business travelers, ridehail drivers, and tech newbies in an ambitious plan to grease the wheels for the EV revolution. The company inked agreements with Tesla and Polestar to buy nearly 200,000 EVs. Tesla’s valuation topped $1 trillion on the news.
But like many other aspects of the EV switch, that plan is running into some headwinds. This week, Hertz said it was tapping the brakes on its EV rollout, citing the plummeting resale value of its EVs and the high cost of repair.
Tesla has been slashing prices to spark sales as it finds itself wrestling with softening demand and more competition. And repair costs are about double what the company spends on gas car fixes, Hertz CEO Stephen Scherr told Bloomberg.
Tesla is a new company making new cars that do really well when new.
The company has not learned yet what it takes to maintain an old fleet of cars. Repairs are difficult, few shops know how to do them. Getting parts for cars that change “model year design” plans every week is super tricky—seriously, Tesla makes manufacturing and part changes weekly, not annually. Not every 5-7 years like major manufacturers. So a part that fits a December 5, 2018 Tesla Model S might not fit a December 20, 2018 Model S or a November 15, 2018 Model S.
Then there is the looming $20k battery replacement. I know a guy that has an 11 year old Model S and his battery is still doing fine… maybe Tesla has that figured out, but we won’t know for certain for another ten years. Maybe when 20 year old cars are getting retired with original batteries, people will start trusting them.
But yea, maintenance on a Tesla is cheap. Energy is cheap. Repairs expensive, long term ownership, unknown.
I hadn't thought about -- didn't actually know about -- the rapid hardware changes you mentioned. Software yes, hardware, no. That DOES sound like a problem.
I have a nephew with a Tesla and he loves it. I don't have a problem with electric vehicles (although I don't want one personally) but rather with the government and the entire Cabal team pushing them down our throats while telling us we MUST give up internal combustion vehicles, including the EPA and CA making rules that require automakers to move quickly to a mostly and then fully electric fleet.
SOME EVs on the road are fine, but there are many reasons that this full-court press to REPLACE gas-powered vehicles with electrics is a disaster and, as you know, is being done as part of the Great Reset: make travel harder and give the Authorities, including your banker, a say in when and if you CAN travel. You can't pay to "fill up" at an EV station with cash, you need a bank card. "Oops, you made a social media post we don't like; no gas for you!"
I've seen several anti-EV-Narrative articles and events these past few days. Hmmm....
e.g.
https://www.theepochtimes.com/article/ev-sceptic-toyota-chairman-says-people-are-finally-waking-up-to-reality-of-electric-vehicles-5517676
Summary: Toyota chairman and former CEO says EVs are bad news.
https://www.businessinsider.com/ford-delays-ev-manufacturing-investment-cars-too-expensive-2023-10
Ford pauses a $12 billion EV investment, after saying electric vehicles are too expensive
https://www.thegatewaypundit.com/2023/10/overcharged-major-study-reveals-alarming-true-cost-owning/
'Overcharged': Major Study Reveals Alarming True Cost of Owning an EV, 'Fueling' Equal to $17.33 Per Gallon
Sounds like another thread in the Great Awakening . . .
My first thought is that the timing is gosh darn interesting. All these stories coming out at the same time.
Almost like there is a deliberate, controlled demolition of someone's narrative being executed.
Can you imagine the incredible thud that will happen when all the globalist pseudo-enviromentalism narratives hit the dust? Like the Colossos of Rhodes crashing into the sea....
Sadly, the five-eyes and Euro-nations are the most highly propagandized and brainwashed, so for them, it might take some time. Nonetheless....
I like the way you think.
it would suck to rent an EV when you cant charge it....
Plus I'll never spend a dime to use an electricK car