You can get a crazy good deal on a used Tesla from Hertz right now — but know these risks

Tech Insider
hertz tesla
High-mileage EVs, like these for sale from Hertz, can be a red flag.

Hertz; Neil Godwin/T3 Magazine/Future via Getty Images; Chelsea Jia Feng/BI

Polestar's CEO just hinted at a looming problem in the EV market: Tanking used values

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The 2022 Polestar 2.
Under a previous deal, Polestar would sell up to 65,000 vehicles to rental-car company Hertz.

Polestar

Hertz halts plan to buy 65,000 electric cars amid EV slump

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Hertz EV
Hertz has rolled back its ambitious EV plans in recent weeks.

Rodin Eckenroth/Getty Images

Not even Tesla can dodge the EV sales slowdown

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Collage featuring Elon Musk, Tesla Motors dealership facade with logo, and a downward trending arrow

Smith Collection/Gado; Maja Hitij/Getty Images; Alyssa Powell/BI

Hertz dumping 20,000 EVs is a warning to electric-car owners everywhere

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Tom Brady Hertz commercial
Tom Brady starred in a Hertz commercial when the car-rental company announced its massive EV investment.

YouTube/Hertz

I rented an EV from Hertz. I'm not surprised they're dumping 20,000 electric cars.

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Tesla Model 3 at a charger
One of my many stops at Tesla Superchargers during my five-day rental

Nora Naughton

Hertz says it's selling 20,000 EVs, in part because they're too expensive to repair

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hertz
Hertz is walking back some of its ambitions for electric vehicles.

Cindy Ord/Getty Images

Elon Musk Gets a Wake-Up Call as Tesla Valuation Falls 20% on Shrinking EV Demand

Gizmodo

Not even Elon Musk’s Tesla—which was touted as a vehicle manufacturing unicorn meant to dent the climate crisis—can withstand those pesky macroeconomic trends. Tesla’s valuation has just fallen as the electric vehicle market seriously cools down.

Hertz's embrace of Teslas isn't going so well

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Tesla
Hertz is running into unexpected challenges as it looks to electrify more of its rental fleet.

Brandon Bell/Getty Images

Ford, Hertz Pump Brakes on EV Plans, Reports Say

Gizmodo

As the years have ticked on, electric vehicles have become more and more accessible to the general public. However, some companies in the EV business are rethinking their investments in the tech.

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