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<blockquote data-quote="Babagounj" data-source="post: 5770432" data-attributes="member: 12952">[URL unfurl=&quot;true&quot;]https://www.yahoo.com/autos/rental-company-sixt-begin-dumping-185900320.html[/URL]Tesla dramatically dropping the retail prices of its electric vehicles has perhaps been a boon for some of its customers, but the fleet buyers have found the move a bit unnerving. <a href="https://jalopnik.com/hertz-tesla-rental-fleet-costs-depreciation-repairs-1850963572" target="_blank">Following the news that Hertz</a> would slow its purchases from Tesla, <a href="https://www.bloomberg.com/news/articles/2023-12-01/sixt-to-drop-teslas-from-rental-car-fleet-on-poor-resale-value" target="_blank">German competitor Sixt is going a step further</a>, <a href="https://insideevs.com/news/699689/tesla-sixt-ev-fleet/" target="_blank">discontinuing purchases of Tesla EVs and selling off the Teslas it does have</a>. According to the report from Bloomberg, the bright orange rental company is showing major losses on its EV rental program this year simply because of the tanking residual values of its held stock of cars.</blockquote>

[QUOTE="Babagounj, post: 5770432, member: 12952"] [URL unfurl="true"]https://www.yahoo.com/autos/rental-company-sixt-begin-dumping-185900320.html[/URL] Tesla dramatically dropping the retail prices of its electric vehicles has perhaps been a boon for some of its customers, but the fleet buyers have found the move a bit unnerving. [URL='https://jalopnik.com/hertz-tesla-rental-fleet-costs-depreciation-repairs-1850963572']Following the news that Hertz[/URL] would slow its purchases from Tesla, [URL='https://www.bloomberg.com/news/articles/2023-12-01/sixt-to-drop-teslas-from-rental-car-fleet-on-poor-resale-value']German competitor Sixt is going a step further[/URL], [URL='https://insideevs.com/news/699689/tesla-sixt-ev-fleet/']discontinuing purchases of Tesla EVs and selling off the Teslas it does have[/URL]. According to the report from Bloomberg, the bright orange rental company is showing major losses on its EV rental program this year simply because of the tanking residual values of its held stock of cars. [/QUOTE]

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