Thread regarding Ford layoffs

Former CEO inks 50,000 Tesla order for Uber

Be careful who you chose to be the scapegoat. Remember Hackett followed Fields.

Tesla: 150,000 Mach E: 0

Uber drivers in the U.S. will be able to offer services with Tesla Inc. electric vehicles rented from Hertz Global Holdings Inc. from Nov. 1.

Hertz also said it signed up Carvana Co. to sell off rental vehicles 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 fuel sources. The car order on Monday, the largest-ever for EVs at $4.2 billion, was such as watershed moment that it propelled Tesla Inc.’s valuation past $1 trillion.

"One of Uber's most important constituencies is their drivers," Mark Fields, Hertz's interim CEO, told Automotive News, "so the benefit for them is they get to drive a terrific vehicle. At the same time it's an opportunity for higher earnings potential.

Fields told Automotive News that Hertz's program allows Uber to rent a Tesla on a weekly basis. The program "covers insurance and basic maintenance and we bring Hertz's core capability of managing large fleets, so we feel it's a win-win for Uber and Hertz."

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| 1204 views | | 3 replies (last October 27, 2021) | Reply
Post ID: @OP+1dwTJ9lZ

3 replies (most recent on top)

I always liked Fields in that he knew what was what. Ford took a serious dump on him so I would not expect Christmas cards to be exchanged.

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Post ID: @zps+1dwTJ9lZ

If I was picking up an ev for a day in a city I've never been to, I'd rather have a tesla than the mach e myself. it's a more mature platform with better infrastructure. its nothing personal, the tesla is just a better choice at this point in time.

As far as hertz is concerned, the tesla has the trendy factor as they rebuild their brand.

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Post ID: @ttb+1dwTJ9lZ

Be careful who you choose as a scapegoat. Amen!

Ford sends cr---y Focus cars with defective DPS6 transmissions to Budget,. Quite a contract to Tesla's plan to sendi thousands of relatively reliable electric vehicles.

Great Post!

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Post ID: @zgs+1dwTJ9lZ

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