Hertz Takes A Big Gamble On Tesla’s Electric Cars

Digital Trends

Tesla’s market value increased beyond $1 trillion on Monday after Hertz announced “an initial order” of 100,000 vehicles from the automaker.

Hertz has ordered the Tesla Model 3, which starts at around $40,000 and is the automaker’s best-priced vehicle among its current range of electric vehicles (EVs).

The deal means that from early November, and subject to availability, Hertz customers will be able to rent a Tesla Model 3 at Hertz airport and neighborhood locations across the U.S. and select cities in Europe. The company is yet to reveal rental terms for the vehicle. More

But are you going to have to fully charge your Tesla before returning it to Hertz? – Dr. Tar

30 Comments on Hertz Takes A Big Gamble On Tesla’s Electric Cars

  1. In the 70’s Hertz rented out sooped-up sports cars.
    Mustangs, Camaros, & some Dodge, I believe.

    Someone rented one and swapped engines so they had to start checking for that…It wasn’t me!

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  2. @ Tony R OCTOBER 26, 2021 AT 4:28 PM

    They were black with to broad gold stripes and came with a C4 transmission that had a lot of parts in it to handle the additional horse power.

    3
  3. I wonder how they gonna handle end of the service on all that electric junk. Regular cars can be auctioned, still useful for some, but this?. Who’s gonna buy piece of crap with 90% depleted battery?
    Let’s go Brandon.

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  4. Just what I’d want to do, spend my vacation or business trip worrying about where to recharge the car. Also Tesla’s are notoriously know for their low quality. Given how most people treat rentals that is probably going to be an issue.

    3
  5. Hert, decided to partner with Dick’s provided they installed charging stations at their stores, and so all Hertz and Dick’s locations have proudly bannered their stores with the slogan, “Don’t use petroleum when you drive the dirt roads? Dicks Hertz!

    4
  6. FJB
    OCTOBER 26, 2021 AT 5:01 PM
    “I wonder how they gonna handle end of the service on all that electric junk.”

    No worries. They will all burst into flames or be destroyed in accidents from people who trust the “autopilot” WAY too much, so they aren’t likely to reach their end of service to have to WORRY about what to do then.

    3
  7. Anonymous
    OCTOBER 26, 2021 AT 5:01 PM
    “Given how most people treat rentals that is probably going to be an issue.”

    Yep. Here’s the truest thing I’ve EVER seen regarding that very subject…

    “Nothing handles better than a rented car. You can go faster, turn corners sharper, and put the transmission into reverse while going forward at a higher rate of speed in a rented car than in any other kind. You can also park without looking, and can use the trunk as an ice chest. Another thing about a rented car is that it’s an all-terrain vehicle. Mud, snow, water, woods – you can take a rented car anywhere. True, you can’t always get it back – but that’s not your problem, is it?:
    -P.J. O’Rourke, “Holidays In Hell”

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  8. When I try to rent a car they look up at me from behind the computer smile and point at the exit. Ruined many rentals in Florida when I was young.

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  9. Catch the videos of the new Shelby GT350 and the GT500 at the Nurburgring. You can have lots of fun as you pass Euro snobbery while keeping more of your hard earned cash. They aren’t cheap either though.

    2
  10. No effn way I will deal with an electric car when I am travelling for work.

    My days can be 12 to 16 hours, and I am not going to go find a charging station and sit there for 4 hours before eating and getting my sleep.

    Are you kidding me?

    And to the poor soul that tries to get me to take one, I apologize in advance for the words I will be using letting you know that an electric vehicle is not acceptable.

  11. Hertz is paying full price for the fleet because you and I are giving them a tax credit on each car.

    This is how the corporate oligarchs implement the green new (no) deal.

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  12. That should work out well for them! My policy on the rare occasions I rent vehicles is to do at least as much mechanical and maintenance damage as the rental costs. I basically drive them like my ex drove all the cars I bought her.

  13. I have been a Hertz Gold member for 25ish years with 20 or so in the President’s circle club. I have taken the “rent-a-racer” upgrade many times. I learned to check the rear tires as a 1000 mile car could have very little tread left. I also used the rentals to test my wife’s next new car.

    Rentals are thrashed. People drive them to the limits. Renting in Germany adds the aspect of high speed runs on the Autobahn. A 2.0L Audi Q3 in Germany is the same as the Q3 in the US except for the tag screw holes.

    The point is the Tesla’s will get a harsh testing in the rental market. I see the choke point in the recharging and range of a charge.

  14. Geoff C. The Saltine

    Actually they have “Quick Charge” stations set up. 15 minutes for a full charge. Impressive engineering. Some models actually use the frame for a battery.Would I own one? Fuck no.

  15. About 40 years ago I remember getting a couple cases of beer and taking a rented Cadillac to the top of Mauna Kea to see the observatories. The last 3000 feet was a whiteout blizzard, and I remember pounding on the door of one of the sites and the guy that answered thought we were nuts. We managed to get down the hill in time to see the sunset at Hapuna Beach that day, but I wouldn’t have wanted to buy that car. I’d stay away from buying a car from a rental agency.

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