Get the latest tech news

Hertz accelerates sales of Tesla vehicles as value crumbles


Hertz is accelerating its sales of Tesla vehicles and plans to sell tens of thousand more this year as their...

Hertz is accelerating its sales of Tesla vehicles and plans to sell tens of thousand more this year as their value crumbles. However, with the release of its earnings today Hertz announced that it would accelerate the sales of Tesla vehicles. The company said Thursday that it expects the fleet overhaul to be substantially done by the end of 2025, by which point monthly depreciation will normalize in the low $300s per unit.

Get the Android app

Or read this on Hacker News

Read more on:

Photo of Tesla

Tesla

Photo of Sales

Sales

Photo of Hertz

Hertz

Related news:

News photo

US road safety agency will look into fatal crash near Seattle involving Tesla using automated system

News photo

Tesla that killed motorcyclist was in Full Self-Driving mode

News photo

Tesla that killed motorcyclist was in Full-Self Driving mode