They are not dumping per se........but they are scaling back.....due in major part to depreciated value when Tesla lowered prices 5 times in 2023. Rental fleets buy their cars with the end game in mind, i.e., the residual value when they do sell them and replace. Since Tesla has been killing potential residual/resale values by lowering its prices........Hertz is rethinking their strategy.I read somewhere that Avis/Hertz are dumping their Teslas for BYD electric cars. Much cheaper to buy and repair.
Additionally and probably not well known, many of their Tesla purchases were leased to Uber drivers who tend to be harder on the cars and subsequently cause increased maintenance issues..........and those maintenance costs are usually above typical ice engine costs.
As to BYD, the bulk of the Hertz rental fleet is in the US............and BYD is currently not sold there.............except for an electric bus manufacturing facility in California.
I was told Hertz does have a small number of Tesla's for rent in the DR.............but, at this time, nothing from BYD. For many reasons, I just cannot get my head around the average tourist wanting to rent a Tesla in the DR.