"Hertz's Shift: Selling 20,000 Teslas to Prioritize Gasoline Cars"

TL;DR Summary
Hertz is selling 607 ex-rental Teslas, including smaller Model 3s, at prices ranging from $21,557 to $40,886, as it offloads its pricey EVs from its rental fleet. The move comes as Hertz plans to sell 20,000 electric vehicles due to high repair costs, and the average listing price of used Tesla Model 3 cars has fallen below $30,000. Customers buying a used EV are eligible for a $4,000 tax credit, and used EV sales are expected to increase by 40% in 2024.
- Hertz is selling Teslas for as little as $21,000, as it offloads the pricey EVs from its rental fleet CBS News
- Selling part of Tesla fleet is a 'black eye for Hertz', says Wedbush's Dan Ives CNBC Television
- Hertz is selling 20,000 electric vehicles to buy gasoline cars instead CNN
- Tesla Falls Below Key Level As Hertz Downsizes EV Fleet Investor's Business Daily
- Is buying a used Tesla from Hertz a good deal? Here's what to know. Yahoo Finance
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