Tag Archives: Tesla Model 3

News

Hertz Car Rental is selling over 30,000 EVs

Hertz Car Rental announced that it is selling almost 30,000 electric vehicles due to increased losses. A few years ago, the rental company acquired a large number of electric vehicles, but in the end this experiment was not successful.

The company aims to sell a certain number of cars by the end of the year, including the Tesla and Polestar models. A number of vehicles will remain in the fleet to meet the needs of customers booking trips in electric cars. The reason for this decision is low earnings, and electric vehicles that are not in use quickly lose value.

Three years ago, the company ordered 100,000 units of the Tesla Model 3, which at the time seemed like a good business move. Customers liked the car, and the company only had to pay for simple interventions such as tire repair, windshield wiper fluid, etc. Luckily, all the vehicles were not even delivered, so the losses are smaller.

The biggest problems appeared when Tesla started cutting the prices of the vehicles. This forced Hertz to start thinking about selling, as the price of the vehicle they owned was higher than the price of a new car, causing them to quickly lose money.

To make matters worse, the analysis showed that Tesla cars are not as economical as the company thought. There were also transport problems caused by accidents, leading to high repair costs and long deliveries.

Hertz will continue selling EVs in 2025.

Source: Hertz Car Rental; Photo: EPA-EFE

Tuning

Tesla Model 3 with Liberty Walk LB E Works wide body kit

Japanese tuner Liberty Walk, known for upgrading Ferrari, Lamborghini and GTR cars, for its new project, chose the best-selling electric car ever, the Tesla Model 3. The tuner created a special body kit, Liberty Walk Tesla Model 3 LB E Works, which puts this car to a unique new level.

The body kit includes a front lip spoiler, rear wing, rear diffuser, side skirts and large wheel arch extensions, and all components are made of fiber reinforced plastic. All Tesla Model 3 owners who want to upgrade their car can order a body kit at a price of $7,920. The tuner did not change anything in the cabin of the car.

In previous years, we could see some of the interesting creations of this Japanese tuner who equipped cars like the legendary Ferrari F40, Lexus LX600 or Lamborghini Countach with a wide body kit. All of them were powered by ICE, and now it’s time for electric cars.

Source: Liberty Walk

Gallery:

Tesla Model 3 with Liberty Walk LB E Works wide body kit
News

Gigafactory 3 produced 2 million Tesla cars

In 2019, Tesla built its first car factory in China, Gigafactory Shanghai (Gigafactory 3), with a capacity of 750,000 vehicles per year. It took only four years for the factory to produce the 2 millionth vehicle.

Gigafactory Shanghai is the largest in the world and the first Tesla factory to open outside the US. With a size of 860,000 m2, in addition to the production of vehicles, the factory is also used for the production of components and testing. This factory produces the Model 3 and Model Y. In July, the factory produced the millionth Model Y, whose production began in January 2021.

The factory has become an export center for the American electric car manufacturer. By the end of July, more than 215,000 Tesla vehicles were exported worldwide, while more than 325,000 cars were sold on the domestic market. Electric vehicles produced in GF3 are exported to Asia-Pacific, Europe and North America. Currently, the factory’s supply chain consists of 95% locally produced components, while 99.99% of employees are local residents.

Since last year, a series of upgrades have begun in preparation for the facelifted Model 3 that was unveiled on September 1st. The new Model 3 is expected to further boost Tesla’s sales in China. It was recently announced that the factory can produce one car in just 40 seconds.

Source: Tesla