Hyperdrive
Teslas Are a Popular Choice for Fleets, From Hertz to NYPD
Tesla vehicles at the Gigafactory in Gruenheide, Germany.
Photographer: Liesa Johannssen-Koppitz/BloombergThis article is for subscribers only.
Tesla Inc.’s cars are already trendy among electric-vehicle enthusiasts and environmentally conscious drivers. Now, they’re also catching on with companies building automobile fleets.
From Hertz Global Holdings Inc. to taxi operators to the New York City Police Department, Teslas are becoming a popular -- if unexpected -- choice for bulk buyers due in part to their favorable economics. Tesla is by far the most popular brand on an app operated by Standard Fleet, a San Francisco-based startup helping companies manage EV fleets.