German Car Rental Company Cancels Tesla Fleet Purchase Due To Price Cuts And Resale

Tesla is losing yet another fleet customer due to price cuts and value fluctuation, as SAP said today that the changes are too much of a risk due to wiping out resale values.

Tesla has lost some of its large fleets, including Hertz, which announced it would be eliminating a large number of EVs from its rental inventory and selling them off, and SIXT, a German rental company.

SIXT is getting rid of Tesla altogether, trading them in for Stellantis EVs, it announced in January.



Read Article