Hertz’s EV sales, Ford’s donation to Trump’s inauguration, fund managers questioning Musk’s robotaxi fleet ambitions, and more: This Week in Mobility – Ford Motor Co. (NYSE: F), Hertz Global Holdings Inc. (NASDAQ: HTZ)

As we end the week, there have been a number of interesting developments in the electric vehicle industry. from Hertz Global Holdings Inc. HTZ Used electric cars for sale at huge discounts Ford Motor Company F News coverage of the donation of a motorcade for Trump’s inauguration was anything but boring. Let’s dive into the hottest stories.

Hertz streamlines fleet with discounted electric vehicles

In an effort to reduce its fleet, rental car company Hertz has been selling used electric vehicles for as low as nearly $12,000. Discounted electric vehicles include models from Chevrolet, Tesla and Subaru. For example, a 2023 Chevrolet Bolt EV in Denver sells for $11,985 on the Hertz website, while a 2022 Tesla Model 3 base sedan in Oklahoma goes for $17,921.

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Ford donates to Trump’s inauguration

Automaker Ford has donated $1 million and a fleet of vehicles Donald Trump’s Inaugural Fund. This donation comes from amazon.com and Yuan Platform Companyand OpenAI CEO Sam Altman recently pledged $1 million.

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Fund Manager Questions Musk’s robotaxi fleet ambitions

Tesla Inc. Tesla Chief Executive Elon Musk envisions a future where Tesla owners can rent out their vehicles to the company’s fleet of robotaxis, like a cross between Airbnb and Uber. However, Future Fund managing partner Gary Black doubts that most Tesla owners will be willing to participate in the program.

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Tesla recall costs

Tesla executive Sendil Palani is frustrated by the cost of notifying customers of the company’s recent recalls. Palani criticized the requirement to send letters to affected property owners as a waste of time and money.

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Musk’s bold valuation of Tesla

Elon Musk believes Tesla could be worth more than every transportation company except his rocket-making company SpaceX. However, he noted that achieving this goal requires a lot of work and good ideas.

Read the full article here.

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Images produced using AI tools

This story was generated using Benzinga Neuro and edited by Anan Ashraf.