Hertz to sell used Teslas at Fire Sale Prices

Even as problematic as they are, lol, toyotas are trash to me. Poorly engineered.

Now, as to EV sales...

Yeah man, they are.
https://www.goodcarbadcar.net/tesla-us-sales-figures/
Double pronged point made:
https://electrek.co/2024/04/02/toyotas-us-ev-sales-continue-lagging-hyundai-kia-plow-ahead/
You make my point for me. Nobody cares about Toyota EVs because they are buying their hybrids and ICE cars instead.

People are buying Teslas, but there are plenty of EV models that are gathering dust.
 
You make my point for me. Nobody cares about Toyota EVs because they are buying their hybrids and ICE cars instead.

People are buying Teslas, but there are plenty of EV models that are gathering dust.
People would like to buy Toyota EVs, but they are simply inferior as compared to their competition.
Toyota makes the best hybrids.
Toyota sells tons of Camrys, but man did they get ugly.
 
Hertz needs to put all their Teslas on eBay and have a Buy It Now price @ $14,999
I knew it would be a major mistake having Teslas as rentals.

I loved that my Tesla shared popped with all the EV hype and media buzz about Tesla rentals.

I will buy a Tesla in the future, now is not the right time for me.
 
Nobody cares about their EVs, but people seem to really like their ICE and hybrid models. They sure do sell plenty of them, and usually as fast as they roll off the truck.



But are people actually buying them? That’s the real question.

You have to look at a company by their size and strength to judge whether they are success or failure. Warren Buffett and Elon Musk are both successful in their own ways, you just can't say why is Warren missed Tesla and why Elon screw up in a downturn unlike Warren.

Go back to the Toyota vs Tesla kind of argument. Tesla's volume is VERY SMALL compare to Toyota. Their stock price and market cap are very volatile. Tesla has a very different customer base that is tech sensitive and not the same consistent buyers for another 30 years like Toyota's.

A company like Toyota can't move too fast and go all in like Tesla. It is a good thing for what they are and how they get to where they are. They don't make mistakes they cannot afford to lose. Imagine you buy a Tesla and 15 years later your car's ECU lock up because the logging wear out the flash, and Tesla refuses to repair it for free, and want you to crush the car despite everything being functional. This happened to John Deere tractor, and Nissan CVT vehicles, and some European luxury brands, and a few other EV startups like Fiskar and what not.

To give you that kind of stability they have to limit their risk and move slowly. Nothing wrong if you want to move faster and take more risk, just go buy another brand for that.
 
Even as problematic as they are, lol, toyotas are trash to me. Poorly engineered.

Now, as to EV sales...

Yeah man, they are.
https://www.goodcarbadcar.net/tesla-us-sales-figures/
Double pronged point made:
https://electrek.co/2024/04/02/toyotas-us-ev-sales-continue-lagging-hyundai-kia-plow-ahead/
As to company performance. Which company looks more promising this year?
Toyota brings in over 300% more revenue than Tesla
Toyota's revenue is growing.
Tesla contracting, how can that be for a company that only made a significant profit for two years? Answer, there is something wrong in the EV marketplace vs the average American family.

Tesla Revenue per quarter and growth past two years or should I say negative growth since we are in a downward slide for two years and now negative.
Screenshot 2024-06-10 at 11.20.10 AM.jpg


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Toyota revenue per quarter and growth past two years. I mean, we arent even in the same ballpark in revenue with Toyota being 300% higher and growing while Tesla is showing stagnation and negative growth tendencies.

Toyota results.
Screenshot 2024-06-10 at 11.20.39 AM.jpg
 
As to company performance. Which company looks more promising this year?
Toyota brings in over 300% more revenue than Tesla
Toyota's revenue is growing.
Tesla contracting, how can that be for a company that only made a significant profit for two years? Answer, there is something wrong in the EV marketplace vs the average American family.
Depends on the metric used. Toyota is a huge company with a storied history. They sell a lotta vehicles; their hybrids are the best but their EVs are are poor at best. Tesla is a small, nimble company. They are #1 by far in the EV space. Of course I own and love both makes. Recent new Toyota products have had their share of problems; look at the new Tundra; kinda breaks my heart. Toyota quality ain't what it used to be. Starting in 2010, Toyota CEOs have publicly apologized for poor quality issues and cheating on testing.

According to the stock market, which takes a forward looking looking point of view, Tesla is valued twice as promising as Toyota.

IMO, and the opinion of many, tech is the discriminator. Tesla is a tech leader and steeped in AI. Tech accelerates the rate of change. Where do you think the world will be in 5 years? What will be the driver? It sure ain't status quo.
 
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Hertz needs to put all their Teslas on eBay and have a Buy It Now price @ $14,999
I knew it would be a major mistake having Teslas as rentals.

I loved that my Tesla shared popped with all the EV hype and media buzz about Tesla rentals.

I will buy a Tesla in the future, now is not the right time for me.
Hertz had “reasonably” priced EVs in the $8999 (high miles) to $16000 (lowish miles) for all of a week quite a long time ago already, I would argue anything above $20,000 is not a fire sale and Hertz really isn’t in any hurry to sell the Teslas

Their continued wining is likely a sales tactic to get would be buyers to overpay for one from them versus other sellers that are significantly cheaper.

Worth noting used Teslas are a LOT more expensive now than even 3 months ago, and egregiously so compared to a little over 6 months ago. (Most are $8000-12000 more for the same car vrs when the market had bottomed a while ago)
 
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As to company performance. Which company looks more promising this year?
Toyota brings in over 300% more revenue than Tesla
Toyota's revenue is growing.
Tesla contracting, how can that be for a company that only made a significant profit for two years? Answer, there is something wrong in the EV marketplace vs the average American family.

Tesla Revenue per quarter and growth past two years or should I say negative growth since we are in a downward slide for two years and now negative.
View attachment 224159

____________
Toyota revenue per quarter and growth past two years. I mean, we arent even in the same ballpark in revenue with Toyota being 300% higher and growing while Tesla is showing stagnation and negative growth tendencies.

Toyota results.
View attachment 224161
I wouldn't buy a Tesla, either, but I could care less about company profits. I care about product. I'm sure Ford sells more Explorers than Rolls Royce sells Cullinan's, too.
 
Tesla being nimble is a laughable concept. Cyberturuck took 5+ years and is nowhere near what was promised. Model 3 is an 8 year old platform. Roadster is nowhere. Model S platform is 12 years old. Software lipstick on outdated platforms is not nimble.

At least the 3 got a badly needed refresh. The rest of the S3XY cars are just sad and woefully dated. But hey, Musk named them cutely so I can type out S3XY. Genius we're told!
 
It's bizarre to me how many people see the electric vehicle phenomenon in very simple terms of red versus blue or conservative versus liberal. Obviously governments all over the world are encouraging (possibly forcing) the transition to electric vehicles, so there is a very distinct political/ governmental aspect to the discussion. That said, I think it's totally inevitable. The shift to electric vehicles. It obviously involves a lengthy transition from ICE vehicles, obviously involving hybrid vehicles. The only question is whether it takes 10 years or 60.

Truth is truth no matter who likes it or hates it. I'm always interested in reading about economics and politics and business. I'm not interested in all in hearing people repeat hot air they heard on cable TV or talk radio "news" shows.
 
Tesla being nimble is a laughable concept. Cyberturuck took 5+ years and is nowhere near what was promised. Model 3 is an 8 year old platform. Roadster is nowhere. Model S platform is 12 years old. Software lipstick on outdated platforms is not nimble.
Yeah, building new factories around the world to try and meet the massive demand of the past 6 years has nothing to do with it.
 
It's bizarre to me how many people see the electric vehicle phenomenon in very simple terms of red versus blue or conservative versus liberal. Obviously governments all over the world are encouraging (possibly forcing) the transition to electric vehicles, so there is a very distinct political/ governmental aspect to the discussion. That said, I think it's totally inevitable. The shift to electric vehicles. It obviously involves a lengthy transition from ICE vehicles, obviously involving hybrid vehicles. The only question is whether it takes 10 years or 60.

Truth is truth no matter who likes it or hates it. I'm always interested in reading about economics and politics and business. I'm not interested in all in hearing people repeat hot air they heard on cable TV or talk radio "news" shows.
60 or more years at the current speed of Technology. Until someone figures out something better than the lithium battery AND the source of power to charge up (if it is battery powered and not come from other form of electric energy) 300+ Million vehicles is a massive upgrade to the electric grid of which we are way behind China in upgrading. (not even close)

Lithium battery cars is no way inevitable, they will not exist. One must look into the future not present.
 
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60 or more years at the current speed of Technology. Until someone figures out something better than the lithium battery AND the source of power to charge up (if it is battery powered and not come from other forum of electric energy) 300+ Million vehicles is a massive upgrade to the electric grid of which we are way behind China in upgrading. (not even close)

Lithium battery cars is no way inevitable, they will not exist. One must look into the future not present.

I agree that current tech lithium is unlikely to be the tech going into future cars. But other forms, solid state, CNT, etc I couldn’t say.

The Chinese are already getting better performance from hybrid Sodium batteries , density isn’t even all that bad, charge rates are much faster, durability is much better and flammability much much lower.
 
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