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Tesla, Hertz negotiating over how fast 100K EVs can be delivered: report
The Hill ^ | 11/04/2021 | CAROLINE VAKIL

Posted on 11/04/2021 8:22:13 AM PDT by ChicagoConservative27

Tesla and Hertz are negotiating how fast the electric car manufacturer will be able to deliver 100,000 vehicles to the rental company amid confusion over a recent announcement by Hertz that they would be receiving them by the end of next year, The Wall Street Journal reported.

The Journal, citing people familiar with the matter, reported that the two companies were negotiating the timeframe for when Tesla would be expected to deliver its 100,000 electric vehicles (EVs) to Hertz. Hertz is reportedly still receiving that quantity at Tesla’s list price, however.

One of the people the newspaper spoke to said that some Tesla officials had taken aback by an announcement Hertz made last week in which they claimed that they would be receiving 100,000 Tesla EVs by the end of 2022. Those officials were under the assumption that Hertz would receive roughly 10,000 each year, that person said.

(Excerpt) Read more at thehill.com ...


TOPICS: Business/Economy; Culture/Society; Your Opinion/Questions
KEYWORDS: electric; hertez; tesla; vehicles
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I for one would not rent a EV.
1 posted on 11/04/2021 8:22:13 AM PDT by ChicagoConservative27
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To: ChicagoConservative27

bookmark


2 posted on 11/04/2021 8:23:08 AM PDT by GOP Poet (Super cool you can change your tag line EVERYTIME you post!! :D. (Small things make me happy))
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To: ChicagoConservative27

So, if you are out in the middle of NFW and you forgot to charge up, does hurts or AAA show up with a can of electricity for you to send you on your way? What if you’re in hurricane country and out of power for weeks at a time? IIRC there is some portion of the POS buhzillion dollar bill that install charging stations. Uh, how come we’re paying for it? Shouldn’t power companies be doing that like the oil companies did? Yeah, I’m not renting one either.


3 posted on 11/04/2021 8:30:34 AM PDT by rktman (Destroy America from within? Check! WTH? Enlisted USN 1967 to end up with this? 😕)
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To: ChicagoConservative27
I for one would not rent a EV.

I would. It's a rental car - as long as it gets me to my destinations in a city I don't live in, I don't care what powers it.
4 posted on 11/04/2021 8:30:55 AM PDT by AnotherUnixGeek
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To: GOP Poet

It will be a disaster in every way imaginable. Hertz will “rent” very few of these cars for very short periods only and will lose money on every car they purchase and rent.


5 posted on 11/04/2021 8:32:58 AM PDT by allendale
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To: ChicagoConservative27

What kind of business doesn’t negotiate a price break for buying a large quantity of anything?


6 posted on 11/04/2021 8:34:32 AM PDT by Hillarys Gate Cult
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To: ChicagoConservative27

I was in a tesla this summer, never again. It’s insane to use.


7 posted on 11/04/2021 8:35:32 AM PDT by Vision (Elections are one day. Reject "Chicago" vote harvesting. Election Reform Now. Obama is an evildoer.)
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To: ChicagoConservative27

Like everyone else, it depends on the use (trip length) and region of the country I would be traveling in. But I would rent a Tesla in a heartbeat if it met the requirements of my particular travel. One thing I would like to experience is a relatively quiet 0-60 in 1.9 seconds (!) That must be a lot better than the fastest elevator I have experienced.

Electric has a lot of advantage to most drivers - a far simpler device (no fuel, ignition, exhaust or engine cooling systems, etc.) should be more reliable. Unbelievable, instantaneous torque. Good for local trucking applications. May be less expensive to build when it arrives at the scale of current IC powered cars.

At present - disadvantages as to range, price and availability of charging locations. But those can be overcome.

Rental fleets are an interesting conundrum for manufacturers. On the plus side its a great try before you buy opportunity to expose your product to the market. On the negative side, selling into a fleet that may get dumped on the market simultaneously as used cars in 1-2 years can depress resale values.


8 posted on 11/04/2021 8:36:19 AM PDT by Wally_Kalbacken
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To: ChicagoConservative27
Will OJ be a spokesman for them?

They can show him in a car chase on an L.A. freeway in a Tesla with the people on overpasses chanting, GO! OJ, GO!

9 posted on 11/04/2021 8:37:38 AM PDT by lewislynn (Fox news: the most irrelevant after the fact useless news source...Fake news? try NO news)
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To: AnotherUnixGeek
I would. It's a rental car - as long as it gets me to my destinations in a city I don't live in, I don't care what powers it.

Agent at rental return counter: "I'm sorry, but you didn't return the car with 100% charge, so we're going to have to add a $150 recharging fee to your account."

Hertz has already said that they're partnering with Uber to have Uber drivers rent Teslas on a weekly basis from Hertz to use as Uber vehicles.

https://www.vox.com/recode/22750807/hertz-tesla-uber-electric-car

Tesla became a trillion-dollar company this week after the announcement of a massive deal with Hertz. The rental car company said it would purchase 100,000 Tesla Model 3 sedans by the end of 2022, and that sent Tesla’s stock price north of $1,000 a share. Two days later, Hertz revealed that Uber has committed to renting as many as half of these electric vehicles to its ride-hail drivers. Hertz even recruited Tom Brady to promote its new fleet.

10 posted on 11/04/2021 8:41:25 AM PDT by Yo-Yo (is the /sarc tag really necessary?)
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To: Hillarys Gate Cult
What kind of business doesn’t negotiate a price break for buying a large quantity of anything?

In these times, paying list price is getting a price break.

11 posted on 11/04/2021 8:42:14 AM PDT by Yo-Yo (is the /sarc tag really necessary?)
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To: Vision

Care to explain

I’ve never been in one


12 posted on 11/04/2021 8:42:52 AM PDT by wardaddy (Too many uninformed ..and scolds here )
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To: AnotherUnixGeek

I don’t care what powers it.

Coal will likely power it. /s


13 posted on 11/04/2021 8:44:35 AM PDT by KingLudd
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To: ChicagoConservative27
I had an overnight test drive of a BMW EV a couple of years ago.It had a small engine which could only charge the battery,not propel the car...and a range of just over 100 miles.It took about 14 hours to charge it from an ordinary house plug.

Long story sort....I love BMW cars but this one was terrible in every way!

14 posted on 11/04/2021 8:53:31 AM PDT by Gay State Conservative (Covid Is All About Mail In Balloting)
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To: AnotherUnixGeek

Do you have to bring it back “Full”?


15 posted on 11/04/2021 8:56:05 AM PDT by Scrambler Bob (My /s is more true than your /science (or you might mean /seance))
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To: ChicagoConservative27

I’m suspecting that there is some sort of subsidy going on here.


16 posted on 11/04/2021 8:56:33 AM PDT by Seruzawa ("The Political left is the Garden of Eden of incompetence" - Marx the Smarter (Groucho))
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To: ChicagoConservative27

I was watching mecum auctions last night. Watching all these older, really nice vehicles selling for $7000-$20,000 or so and thinking “when thr world switches over to mostly ev’s in the future because of asinine mandates, these older vehicles will fetch massive prices as they become harder and harder to find and ow. They might even start jumping up in price, as folks are getting sick of current vehicles selling for more than they paid for their first homes back in the day.

Some of those mecum vehicles were really nice looking too, but of course who knows if they were all bondo’d up or not? Would have to be there in person to really tell.


17 posted on 11/04/2021 9:00:42 AM PDT by Bob434
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To: Bob434

From what I have seen on tv of the Barret-Jackson and Mecum auctions, there are some good deals to be had on the first day of live bidding. The really pricey stuff goes on saturday and sunday.


18 posted on 11/04/2021 9:16:42 AM PDT by shooter223 (the government should fear the citizens......not the other way around)
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To: shooter223

Yep, noticed that too. Kinda cool though to see all,the cars I grew up surrounded by, on display. Such great styling back then on many of them.

The. Early broncos In the auctions are really hot right now, but super expensive.

Time and time again I see a car roll onto the block in the auction and think “Love it! I’d take that... if only” lol


19 posted on 11/04/2021 9:21:55 AM PDT by Bob434
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To: Wally_Kalbacken
A few exploding vehicles could make this a PR nightmare in a hurry...

New Avis ad:

"This is what happens when you rent from Hertz. Kaboom!"
20 posted on 11/04/2021 9:25:03 AM PDT by cgbg (A kleptocracy--if they can keep it. Think of it as the Cantillon Effect in action.)
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