Hertz Sells Teslas for $25,000 Amid EV Slump

Video Credit: Wibbitz Top Stories
Published on June 7, 2024 - Duration: 01:31s

Hertz Sells Teslas for $25,000 Amid EV Slump

Hertz Sells Teslas for $25,000 , Amid EV Slump.

Hertz Sells Teslas for $25,000 , Amid EV Slump.

Hertz Global Holdings has been trying to unload Teslas since January.

The move comes after Hertz revealed plans to buy hundreds of thousands of electric vehicles (EVs) in 2021.

Our EVs can be found nationwide in most major metros and averaging around $25,000, Hertz spokesperson, via email to CNBC.

The sale reflects the EV market's waning pace of growth.

Even though sales of electric vehicles have "more than quadrupled from 2020 to 2023,".

Automakers are currently more concerned about selling hybrids, CNBC reports.


So if you've been eyeing a Tesla for a while but waiting for a more manageable price, Hertz' sale may be your answer.

Hertz-certified vehicles undergo a 115-point inspection and come with a 12-month/12,000 mile warranty.

Some used EVs are also eligible for tax credits.

Used car expert Yossi Levi offered tips for purchasing used electric vehicles.

The best bang for the buck for consumers in the market today, bar none, is the used electric vehicle.

And the best-value purchase is likely a three-year-old EV, Yossi Levi, Car Dealership Guy, via CNBC

You are here

๐Ÿ’ก newsR Knowledge: Other News Mentions

Hertz Global Holdings

American car rental company

Tesla, Inc.

American electric vehicle and clean energy company
Elon Musk says his transgender daughter is dead in his eyes -- saying he feels she was brainwashed by the "woke mind virus." The Tesla chief did an interview..
Credit: TMZ.com - Published 9 minutes ago

Elon Musk is putting his money where his mouth is ... pumping $45 million a month into a political action committee backing Donald Trump in the 2024 presidential..
Credit: TMZ.com - Published 1 week ago

You might like