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Originally Posted by CoachKandSportsguy

Hertz misses profit estimate as Tesla price cuts hit fleet value

Repair costs for EVs have also been higher than expected, about double what the company pays to fix damaged gasoline cars, Chief Executive Officer Stephen Scherr said in an interview Thursday.

hmmmmm, that's not what I read from the sales pitches. . .

My guess is Hertz’ higher Tesla repair costs are mainly related to batteries and body damage.

I rented a Tesla Model 3 from Hertz for a week during an out-of-town trip for my one and only experience in driving an EV. I would not be surprised if many of the Hertz ‘repair’ costs are related to drivers running the batteries down close to zero and unable to drive further. If a renter is on the road and runs the battery down to near zero during a trip, I am almost certain that Hertz pays to fetch the car with the dead battery. Also, my experience was that the Tesla battery did not actually deliver the number of miles indicated earlier for the car range when fully charged by roughly 20% less. I was using the air conditioning. (I loved the Tesla technology and acceleration otherwise).

I also wonder whether Hertz is paying for battery replacements or at least accruing battery replacement costs given that many renters likely don’t mind Tesla’s guidance to not run the battery below 20% without impairing battery lifespan.

Finally, it is widely known that Tesla body damage repair costs are higher than for ordinary cars. Also, I guess that Hertz’ Tesla vehicles waiting for body repairs (parts and labor) are out of service longer (unable to rent) than for repairs to their ordinary cars.