11498 replies to this topic

[Mike K.]

Wow. That’s huge.

[Victoria Watcher]

$968 now.

[sebberry]

They know people will have to rent them for longer to charge them

[Victoria Watcher]

Tesla Inc (TSLA.O) on Monday breached a trillion dollars in market capitalization, the fifth U.S. company to join the club, which includes Apple (AAPL.O), Microsoft (MSFT.O), Amazon (AMZN.O) and Alphabet (GOOGL.O).

 

https://www.reuters....cap-2021-10-25/

 

Edited by Victoria Watcher, 25 October 2021 - 10:30 AM.

[Victoria Watcher]

went as high as $1092 today.

 

 

 

Hertz Tesla ads:

 

https://youtu.be/tPq1bm9tIcI

Edited by Victoria Watcher, 26 October 2021 - 09:00 AM.

[Mike K.]

Musk has a great sense of humour!

[Victoria Watcher]

This was Germany in September:

 

 

Historical event in the German models ranking: the VW Golf’s pole position is under threat: down -41% year-on-year it only holds 3.5% of its home market. In contrast, the Tesla Model 3 (+146%) takes the brand’s backloading in end-of-quarters to the next level and ends the month at #2 overall, only 58 sales below the Golf and smashing its ranking, volume (6.828) and share (3.5%) records in the process. A staggering performance by the world’s favourite EV. 

 

https://bestsellingc...rket-down-25-7/

[Victoria Watcher]

Elon Musk’s Boring Company just won approval from local officials to move forward with building a network of vehicle tunnels underneath Las Vegas. Dubbed the “Vegas Loop,” the system will allow passengers to hitch rides in Teslas to and from places like the hotel casinos on the Las Vegas Strip, the city’s new football stadium, the Las Vegas Convention Center, and McCarran International Airport.

 

The Boring Company already operates a small version of this “Teslas in Tunnels” system underneath the Las Vegas Convention Center, which opened earlier this year and involves two 0.8-mile tunnels. But Musk’s startup proposed a massive city-wide expansion in December 2020 that largely lines up with what Clark County officials approved Wednesday.

 

The system that was approved involves 29 miles of tunnels and 51 stations. Clark County says as many as 57,000 passengers will be able to travel through it per hour and that no taxpayer money will be spent to build it. The Boring Company previously said that it would foot the bill for building the main tunnels but planned to ask hotel casinos or other businesses that want a station to pay for those construction costs. Each one of those stops has to go through its own permitting process, according to the Las Vegas Review-Journal.

 

https://www.theverge...egas-loop-strip

Edited by Victoria Watcher, 26 October 2021 - 09:13 AM.

[MarkoJ]

Not sure about North American rental EVs, but in Europe I've been renting Teslas since 2016. Gas is expensive so an electric rental financially makes sense if you are driving a lot during the rental. Superchargers are also often in really nice places in Europe. Below is one I frequent in Croatia. Not to mention every hotel has chargers or if I stay at an AirBnb I just plug into a regular outlet during the stay. I've never had any range anxiety driving around Croatia/Austria/Italy/Germany. Hertz move does not surprise me. 

 

[sebberry]

Is that a parking lot by the water?  Something should really be done about that.

 

Maybe Tesla could buy up Clover Point and install superchargers for picnickers? 

[MarkoJ]

Is that a parking lot by the water?  Something should really be done about that.

 

Maybe Tesla could buy up Clover Point and install superchargers for picnickers? 

 

https://www.youtube....h?v=Umd08hGUtNI

 

You'll love the diesel generator truck we had following us in 2016. By 2017 charging infratructure was good enough we managed to get rid of it. 

[Victoria Watcher]

StatsCan’s latest report, for April to June 2021, holds encouraging news: year-over-year zero-emission passenger vehicle registrations increased at a faster rate than combustion vehicles, representing 4.9 per cent of the total market

 

Across Canada, 16,167 new battery electric vehicles were registered in the second quarter of 2021, double the number from Q2 2020 and representing 3.3 per cent in total registrations, according to new StatsCan data.

 

When plug-in hybrid electric vehicles are added (StatsCan includes hybrid electrics in its definition of “zero-emission vehicles”), it brings the total number of new registrations in Q2 2021 to 24,006 zero-emission vehicles. This represents 4.9 per cent of total registrations — and a whopping 89.2 per cent increase over the same period in 2020.

 

Unsurprisingly, over half of new EV registrations occurred in British Columbia (roughly 24 per cent) and Quebec (roughly 25 per cent). The B.C. data includes registrations in the Territories. Montreal, Vancouver and Toronto posted the most new registrations per metropolitan area, in that order.

 

https://electricauto...s-data-q2-2021/

Edited by Victoria Watcher, 26 October 2021 - 10:02 AM.

[spanky123]

Musk has a great sense of humour!

 

Hertz has a great sense of humour, they are purchasing the Tesla's through their bankrupt entity!

 

Good time to wait to buy an EV, there will be 100,000 used Tesla 3's coming on the market in two years!

[Victoria Watcher]

Hertz has a great sense of humour, they are purchasing the Tesla's through their bankrupt entity!

 

Good time to wait to buy an EV, there will be 100,000 used Tesla 3's coming on the market in two years!

 

 

 

The company emerged from bankruptcy on June 30 with $1.8 billion in unrestricted cash and $1.2 billion available on credit lines.

 

It will likely finance the purchase of the Teslas, as it does with most of its car purchases. Hertz also recently announced plans for an initial public offering that will help raise cash.

 

https://abc13.com/he...hicle/11168082/

[Victoria Watcher]

Hertz Global Holdings Inc., fresh off a blockbuster order for 100,000 Teslas, reached an exclusive agreement to supply Uber drivers with electric vehicles and signed up Carvana Co. to dispose of rental cars it no longer wants. 

 

Taken together, the deals represent a trifecta of aggressive and innovative initiatives with the potential to upend the car-rental business and hasten the transition to greener transportation. The order for Model 3s on Monday, the largest-ever for EVs at $4.2 billion, was such a watershed moment that it propelled Tesla Inc.’s valuation past $1 trillion. 

____________________

 

Under the agreement with Uber Technologies Inc., drivers for the ride-hailing giant who previously had to provide and maintain their own EVs will be able to rent one of 50,000 Teslas from Hertz instead. The program, which starts Nov. 1, is an alternative to buying or leasing, and many drivers may find it more appealing.

 

https://www.bloomber...ster-hertz-deal

Edited by Victoria Watcher, 27 October 2021 - 06:58 AM.

[spanky123]

I think this is very good timing for Tesla. Next year will be the first year that purpose built electric vehicles (not EV or PHEV versions of ICE cars) start rolling off of factory lines around the world. IMHO Tesla is going to be in tough in a number of the most popular segments. I think that the Rivian/Ford are a far more practical truck (albeit not proven yet) than the Cybertruck and that Kia/Hyundia (and others) are stacking up very nicely against the model Y with their new SUV platform. Tesla has largely squandered the lead they had in tech with Musk's instance on avoiding lidar and using cameras for his 'self-driving' functionality and new cars coming out have better efficiency and range..

 

I would never bet against Musk but the next 5 years will be very interesting.

[Mike K.]

Also, familiarity plays a huge role in car rentals. Getting into something for the first time and having to make a meeting from an airport is also not the time to learn how to drive a vehicle. Jeep found that out the hard way when their transmission shifters had to be explained to motorists and their poor design lead to several deaths.

 

I know a few people who have driven in Teslas and claimed they were frightened by the acceleration and felt unsafe with that vehicle in their hands. One was in fact driving a rental here in BC (to the interior), the other was handed the keys by a friend who owned the vehicle.

 

Now we're going to hand them out for people coming off a plane who've never driven one before? It could get tricky. Or maybe 100,000 vehicles isn't that big of a deal, with a few Teslas available at most Hertz locations (of which there are something like 3,000 in the US and Canada) and higher numbers in major cities, etc.

[spanky123]

^ I suspect it will be mostly urban locations. The range of the vehicles won't translate to cross country or rural trips.  

[Victoria Watcher]

Also, familiarity plays a huge role in car rentals. Getting into something for the first time and having to make a meeting from an airport is also not the time to learn how to drive a vehicle. Jeep found that out the hard way when their transmission shifters had to be explained to motorists and their poor design lead to several deaths.

 

it's not a space ship.  it still drives like most cars.

 

initial reports says their cars advertised online go for a $10-20/day premium over other Hertz options.

Edited by Victoria Watcher, 27 October 2021 - 10:21 AM.

[spanky123]

^ Not but if you are not familiar with driving one it is different.