I agree. Hertz will be buying the lower end Tesla Model 3 with lithium-iron-phosphate batteries; they will last a very long time despite repeated recharging, and Hertz will have resold them before their use is up. Hertz is about a $13 billion cap company, and they'll probably earn $4 billion or more per year extra just on the 100,000 Tesla rental fleet. That's huge. The purchase will be spread out over a year, and Tesla will have no problem supplying Hertz. But Hertz stock now before it takes off.
$4,000,000,000/100,000 cars
=
$4,000,000 / 100 cars
=
$40,000 / car per year.
=
(($40,000 / car ) / year) * 1 year/365 days
= $109.58/day for each and every Tesla each and every day of the year.
What is the average utilization of a rental car?