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  2. Hertz's Tesla liquidation sale likely means more ... - Autoblog

    www.autoblog.com/2024/01/16/hertzs-tesla...

    The value of used EVs has dropped 33.7% between October 2022 and October 2023, even as the overall used car market dropped only 5.1%, according to data from iSeeCars. Hertz could, however, benefit ...

  3. You can get a used Tesla for $20,000 from Hertz right now ...

    www.autoblog.com/2024/01/13/you-can-get-a-used...

    EV's already depreciate a lot faster than gas cars. A slew of used Teslas have hit the Hertz car sales website after the company announced Thursday it was selling off 20,000 EVs from its fleet ...

  4. Hertz selling 20,000 EVs, will replace with gas-powered ...

    www.autoblog.com/2024/01/11/hertz-sells-electric...

    Jan 11th 2024 at 9:07AM. 11. Hertz Global Holdings will sell about 20,000 electric vehicles (EVs) from its U.S. fleet, the rental firm said on Thursday, citing higher expenses related to collision ...

  5. You can now buy a used Tesla for just $21,000 thanks to Hertz ...

    www.aol.com/finance/now-buy-used-tesla-just...

    First-quarter EV sales this year also fell 15.2% compared to the fourth quarter of 2023. Tesla CEO Elon Musk’s several price cuts over the past year have also dented the value of Hertz’s ...

  6. Rental giant Hertz dumps EVs, including Teslas, for gas cars

    www.aol.com/news/car-rental-firm-hertz-sell...

    Tesla's stock was down about 3%. Hertz also expects to book an about $245 million charge related to depreciation expenses from the proposed EV sale in the fourth quarter of 2023. Hertz's decision ...

  7. Hertz is selling 20,000 electric vehicles to buy gasoline ...

    www.aol.com/hertz-selling-20-000-electric...

    Hertz, which has made a big push into electric vehicles in recent years, has decided its time to cut back. The company will sell off 20,000 electric vehicles and use the money they bring to ...

  8. Analysis-Hertz's EV sale to fan cost concerns, dampen used ...

    www.aol.com/news/analysis-hertzs-ev-sale-fan...

    Hertz, the largest U.S. fleet operator of EVs, has blamed the sale on high repair costs and weak demand for the vehicles it offers on rent. Analysis-Hertz's EV sale to fan cost concerns, dampen ...

  9. Hertz is ditching 20,000 electric cars, citing ... - Autoblog

    www.autoblog.com/2024/01/12/hertz-is-ditching-20...

    Hertz CEO Steven Scherr put the blame for the decision squarely on Tesla, The New York Times reported, saying that Teslas were the largest component of Hertz's fleet, and the automaker's sweeping ...

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