Hertz is reducing their EV fleet by 1/3. (Not ending EV's in their fleet!)
There are suddenly a lot of recent Model 3's that Hertz is taking to the wholesale auctions.
However ... the rumor is these are all cars that were rented to Uber drivers which accounts for the high mileage on them, often 40k miles/year and sometimes a lot more. Some of them are 2022 M3 with nearly 100k miles. And in the Reddit thread below, some Uber drivers/renters said they often had to charge to 100% on Superchargers twice per day to keep the car in use 12 hours per day to make a living at it. So these are thrashed cars, triple the miles/year of typical family use, careless drivers, and abused batteries.
Hertz bought these at peak prices and now is asking $27k wholesale at auction. This isn't moving many of them when a new Model 3 is near that price.
Summary - not worth buying one of these abused rentals, but this flood will depress used-Tesla prices.