Replies to post #89988 on Tesla Inc (TSLA)

[boston745]

Hertz's Tesla Fire Sale Continues As Depreciation Costs Mount
You can pick up a Tesla Model 3 previously used as a Hertz rental for under $20,000

Hertz's pioneering of EVs as rental cars seemed foolproof—less maintenance and a lower total cost of ownership are two things that any company competing in the rental space strives for. But as Hertz quickly found out, its grand experiment went horribly wrong. It's now become a giant clearance event, where everything must go.

The company's fire sale on EVs has been ongoing for months. The goal? Sell off at least 30,000 EVs—which include cars from Tesla and other brands like Polestar—by the end of the year. Ultimately, Hertz wants to retain only enough vehicles to satisfy the demand of the renters who are actually booking trips in battery-powered cars to avoid hefty hits on depreciating inventory. Now, after a weak earnings report, Hertz is accelerating its sale of Tesla models.

Hertz is currently selling its surplus Teslas on its website. At the time of writing, it's possible to get into one of the former rental cars for under $20,000, not including the $4,000 federal tax credit on used EVs. So that means a high-mileage Model 3 for around $15,000. Worth it? We'll let you be the judge.
Hertz Tesla Model 3 Fire Sale

If it has high mileage it isnt worth it as you dont know how soon you'll need to replace the battery pack and that costs 15k plus. Now you're talking close to the cost of a new Tesla after tax credits. Dont buy used. Even better dont buy at all.

https://insideevs.com/news/740867/tesla-hertz-under-20k-sale/

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Here is a collection of my research going over multiple subjects including Tesla AI/Neural Net for AB missile systems, SpaceX satellites = grid of satellites for Brilliant Pebbles, September 11ths SpaceX connection, & Musk = DoD stooge.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175357996