From the Yahoo article, "The tycoon had famously advised car buyers that it was “financially insane” to buy anything other than a Tesla, since his cars would actually appreciate in value."Actually, that SOMEBODY may be you.
https://finance.yahoo.com/news/hertz-helped-turn-tesla-1-122321863.html
From linked article:
"In short, the declining value of the Tesla cars in Hertz’s fleet—a decline directly caused by Musk’s price cuts—has hit Hertz squarely in its profits.
The fact that this is happening to Hertz of all companies is ironic, as the rental agency is not just any customer of Musk."
Yet another reason you would never want to trust a man like snake oil salesman named Elon Musk.
Trust is why contracts are written between businesses.Yet another reason you would never want to trust a man like snake oil salesman named Elon Musk.
Thanks for the heads up on that one.
You've never run into lines at a highway service area on a busy holiday weekend?? You must have never driven on the NYS Thruway. I've done it on I-90 every summer for the last couple of decades and almost never pull right up to the pump.I will not dispute the "cheaper" part. EV drives are inherently cheaper than gas trips.
However, like I said above, they are more time consuming and require more planning than setting off on a road trip in a gas car. I am already dying on the hill so I will respectfully say - agree to disagree
1. Busy holidays - this is a corner case but I have experienced this myself - superchargers can get very busy and time is critical. There are almost NEVER lines at a gas station
2. Off-major highways / frigid weather - you will naturally wait longer to charge as your range will deplete quicker (fact) and you will need to charge above 80% to get to the next supercharging station. And this is kind of my point. When you are in an EV, it is always on your mind that you need to "make it to the next supercharger", this mindset is basically absent in a gas car. You are never "driving to your next gas station", you are driving to your destination. I will absolutely respect your point that it has gotten 1000 times better. The mindset IS changing, the infrastructure IS improving. But it is simply not where gasoline infrastructure is yet, not everywhere, and hence my stance to be a bit more biased toward gas cars when renting.
Oh no doubt Hertz's hands are not clean. I just can't believe they dealt with and trusted an obnoxious crazy man like Elon Musk.
See post #65.Oh no doubt Hertz's hands are not clean. I just can't believe they dealt with and trusted an obnoxious crazy man like Elon Musk.
Lesson learned. Never trust Elon.
Once again, thank you for pointing that out.
Good insight and examples. And to your last point then, if and when you’re on a terrain where even gas stations are hard to find, you are claiming that driving an EV is more convenient on such stretches? I don’t think you are.
I stand by my statement of never trusting a crazy man to deal with like Elon Musk.
So would I but MSRP on a loaded P2 was $68-72K.
I wouldn’t go as far to say he did this on purpose and premeditatedI stand by my statement of never trusting a crazy man to deal with like Elon Musk.
Whether the "intention" was or was not purposeful, the end result was the same. By dealing and trusting what Elon was selling, has cost Hertz (i.e. future customers) a brutal financial blow.
I hate to keep thanking you, but you just seem to tee it up quite nicely for me and I do thank you for that my friend.
I don't think Elon wanted to harm anyone except maybe a competitor or two, but his intent doesn't much matter. The point is he clearly didn't consider potential consequences.
I don't think what Tesla did was destructive because like I said in the previous post... market forces were ALREADY pushing prices down. MMR in July/August of 2022 for Teslas had peaked and Model Ys were around $50K by Nov/Dec of 2022.
But officer, the house was already on fire when I poured gasoline on it!I don't think what Tesla did was destructive because like I said in the previous post... market forces were ALREADY pushing prices down. MMR in July/August of 2022 for Teslas had peaked and Model Ys were around $50K by Nov/Dec of 2022.
Tesla is just more nimble and cut prices immediately in Jan of 2023 to reflect reality.
Right now.. Broncos are discounted like crazy and have declined YoY 30% in sales. Jeep cut prices on the Wrangler + GC and dealers are ADVERTISING 25% off Gladiator. I argue Tundras and Highlander probably need a price cut too. Many gas vehicles with MSRP hikes in 2021/2022 need price drops badly.
Right. Tesla doesn't have dealers and can't just have 24K Mach-Es sitting around on lots like Ford did.But officer, the house was already on fire when I poured gasoline on it!
