> Tesla lowered prices forcing them to recognize the depreciation
I'm surprised Tesla and Hertz couldn't work out a deal, e.g. reimbursement or a large discount on additional purchases that would wipe out the accounting charge. Rental vehicles are a sales channel for new vehicles. And every Hertz Tesla being dumped on the secondary market is new-vehicle profit Tesla could have booked.
I'm surprised Tesla and Hertz couldn't work out a deal, e.g. reimbursement or a large discount on additional purchases that would wipe out the accounting charge. Rental vehicles are a sales channel for new vehicles. And every Hertz Tesla being dumped on the secondary market is new-vehicle profit Tesla could have booked.