5 Things you need to know

1. Today is MLK Day learn how this became a federal holiday.

2. After it’s roaring 23’, the markets come to a halt.

3. The succession props are for sale

4. Elon Musk, addressing criticism from Mr. Beast, tweeted, "This year will see a significant increase in creator rewards."

5. Madison Marsh, a 22-year-old second lieutenant in the US Air Force is the new miss America

For sale : Tesla, slightly used

The reknowned rental car company is presenting a collection of 607 ex-rental Teslas, predominantly showcasing the compact Model 3s, on its used car sales page. With prices spanning from $21,557 for a 2021 Model 3 to $40,886 for a 2022 Model Y, these offers represent a remarkable 39% discount compared to the starting price of new Tesla vehicles at $35,090, as specified on Tesla's official website.

Hertz's ambitious initiative to sell 20,000 electric vehicles (EVs) reflects a strategic shift, streamlining its rental fleet and acknowledging the substantial repair costs linked to maintaining EVs. This move aligns with a broader trend observed by EV battery research company Recurrent Auto, indicating an upswing in affordability for Tesla vehicles in the used car market.

While Hertz tempts potential buyers with enticing deals on used Teslas, it's crucial to exercise caution, as prices that appear too good to be true may indicate potential issues. Here are key red flags to consider:

• High Mileage Alert: Hertz's used Teslas may exhibit increased wear due to high mileage. Vigilance is advised regarding models with extensive usage, as it can impact battery life and overall performance.

• Depreciation Concerns: Despite the Model 3's reputation for better resale values among Teslas, electric cars, in general, face higher depreciation rates. Many buyers remain skeptical about purchasing used vehicles due to concerns about battery coverage.

• Battery Depreciation: Limited information is available regarding battery longevity. Hertz is mitigating risks and conducting a sell-off, recognizing that batteries depreciate faster than traditional gas cars, primarily due to the battery warranty. The potential cost of replacing a 4-module battery pack could range from $20,000 to $28,000.

FedEx Unveils E-Commerce Platform To Compete With Amazon

In a strategic move to redefine its role in the e-commerce landscape, FedEx unveiled its latest venture—the fdx commerce platform.

The specific details about how it will compete with Amazon are still unknown. Here is what we know:

fdx E-commerce Platform: FedEx plans to launch a new data-driven commerce platform, fdx, offering end-to-end e-commerce solutions to online merchants. The platform will integrate existing tools and introduce features like a custom post-purchase experience for enhanced customer interaction.

Enhanced Customer Interaction: fdx enables businesses to manage their supply chain, streamline sales processes, and handle deliveries. The custom post-purchase experience feature allows brands to provide accurate shipment information and leverage FedEx's shipment network data for efficient order management.

Competing with Amazon: FedEx's move comes in the face of competition with Amazon and has significant logistics advantages. As Amazon's influence grows, FedEx aims to strengthen its position by offering comprehensive e-commerce solutions.

The launch date is uncertain. FedEx, however, does say the plans are planning to launch it’s platform this fall.

The week ahead:

The weekend was: Cold, the NFL wild card, and sexy debut of a 9-5 collection by prada

1. Monday: Honoring Martin Luther King Jr. and His Inspiration on Black owned business.

2. Tuesday: Iowa Republicans will gather to nominate a candidate for president.

3. Wednesday: Dangerous wind chills continue through Wednesday; stay warm, East Coast.

4. Thursday: The World Economic Forum takes place this week.

5. Friday: Apple will begin taking pre-orders.