Comment by dzink

EVs are great as vehicles. When they are designed simply and efficiently, the way Tesla does, they don’t need much maintenance unless you get in a wreck. But they are not good investment assets, which is what Hertz was betting on (likely because at that time they didn’t go down in value, unlike other cars). Their big mistake was not realizing Musk was going for mass-market dominance and undercutting the plethora of bad EVs on the market.