goanuj·5 years ago·discusshttps://www.statista.com/statistics/470829/us-car-rental-ave...Pre-Pandemic Hertz had a fleet of ~500K cars. So 100K represents ~20% of their fleet.Tesla cars keep their resale value (https://insideevs.com/news/490348/tesla-model-3-resale-value...) so Hertz should be able to sell them wholesale back to Tesla, Carvana, etc.https://www.fool.com/investing/general/2012/07/13/surprising...
Pre-Pandemic Hertz had a fleet of ~500K cars. So 100K represents ~20% of their fleet.
Tesla cars keep their resale value (https://insideevs.com/news/490348/tesla-model-3-resale-value...) so Hertz should be able to sell them wholesale back to Tesla, Carvana, etc.
https://www.fool.com/investing/general/2012/07/13/surprising...