1. https://www.cnbc.com/amp/2023/10/26/hertz-pulls-back-on-ev-p...
2. Hertz’s issue is that they bought (some of) their Teslas and then Tesla dropped the price of new vehicles significantly. So even if Hertz never rented them out and had them in a showroom, they already have lost money on resale value.
https://jalopnik.com/hertz-tesla-rental-fleet-costs-deprecia...
I check all the time and the used market (on 3 and Y) isn't nearly cheap enough to opt out of a brand new model with full warranty
And because of the reliability issues, the full warranty is quite valuable (in the short term at least)
-- my 2015 S battery dies literally the day after the 8y warranty ended. $15k to replace with a refurbished battery AND forfeit my battery to them to resell it. The trade in value of the car, assuming it worked, was only $20k.
The cars are really not that reliable and if you get in a fender bender no regular body shop can help you. If worse you are likely completely fucked with costs going into the many thousands very quickly. Not to mention waiting for months on repair.
Also the resell value after a few years is awful. The most popular reseller site has so so many available.
Tesla's in my opinion are a luxury vehicle but unlike other car luxury vehicles. They are a luxury because they are like a smart phone. Once it is too old or broken, you throw it away and the money is gone entirely.