Sport Investors League
  • Politics
  • Stocks
  • Investing
  • Business

Sport Investors League

  • Politics
  • Stocks
  • Investing
  • Business
Business

What’s Turo? The ‘Airbnb of cars’ was used in New Orleans and Las Vegas incidents

by admin January 4, 2025
January 4, 2025
What’s Turo? The ‘Airbnb of cars’ was used in New Orleans and Las Vegas incidents

An online car rental service is under scrutiny after it was used in two incidents Wednesday.

The platform, Turo, is known as an “Airbnb of cars,” as it allows individual car owners to rent out their vehicles. Vehicle owners, known as “hosts,” can post cars to Turo’s website, where people can then rent them, with payments made through the platform.

Turo acknowledged it was used in both incidents in an online statement posted Wednesday.

‘It is with a heavy heart that we confirm that this morning’s horrific attack in New Orleans and this afternoon’s Tesla Cybertruck explosion in Las Vegas both involved vehicles rented on Turo,’ the company said. ‘Our thoughts and prayers are with the victims and their families.’

It said it did not believe the individuals who may have rented the autos involved in the incidents had criminal backgrounds ‘that would have identified them as a security threat,’ and that it was not aware of any information that indicates the two incidents were related. 

Turo

Turo said in a statement Thursday afternoon that the vehicles’ renters had valid driver’s licenses and clean background checks and that they were honorably discharged from the U.S. military.

‘They could have boarded any plane, checked into a hotel, or rented a car or truck from a traditional vehicle rental chain,’ Turo said. ‘We do not believe these two individuals would have been flagged by anyone — including Big Rental or law enforcement.’

Investigators had said earlier that Turo was used to rent a pickup truck that plowed through New Orleans revelers early Wednesday and procure a Tesla Cybertruck that was filled with explosives and burst into flames outside Trump International Hotel in Las Vegas.

Authorities have preliminarily said the service’s use in both incidents is a coincidence. On Thursday afternoon, authorities said there was not a definitive link between the two incidents.  

Turo, previously known as RelayRides, was created in 2009. It came of age during the broader boom in peer-to-peer startups, like Airbnb and Uber, that sought to disrupt many traditional markets including rentals of houses, automobiles and even swimming pools.

But with that disruption came concerns about security. For years, peer-to-peer platforms like Turo have faced criticisms after cars have been stolen to be used for nefarious purposes. The companies have previously responded that such incidents are exceedingly rare. However, over an approximately four-month period between October 2019 and February 2020, NBC News found some 49 reports of motor vehicle thefts in Washington, D.C., involved cars rented from Turo or its rival, Getaround, representing 6% of all incidents during the period.  

As of Sept. 30, Turo had about 150,000 active hosts worldwide, with 350,000 active vehicle listings and 3.5 million active guests participating on its marketplace, according to a company filing.

Turo’s website tells hosts that they are “safe” in trusting the platform because Turo “screen(s) each guest,” so hosts can be “confident when they hand over” their keys. 

This post appeared first on NBC NEWS

0
FacebookTwitterGoogle +Pinterest
previous post
Swing Trading with Point & Figure
next post
Copper Price Forecast: Top Trends for Copper in 2025

Related Posts

FAA investigating close call involving United Airlines plane...

March 29, 2026

How UnitedHealthcare became the face of America’s health...

May 23, 2025

Top adviser recommends against Elon Musk’s $56B Tesla...

June 1, 2024

Stock splits are back in fashion. Here’s why,...

June 17, 2024

China opens probe into Nvidia, accusing company of...

December 11, 2024

Investor convicted in Trump Media insider trading case

May 10, 2024

Walgreens plans store closures as CEO says consumers...

June 29, 2024

Bank of America CEO says U.S. consumers and...

May 31, 2024

In a reversal, Disney’s media assets are starting...

August 9, 2024

American liquor exports hit record high in 2024,...

April 28, 2025

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent

    • Thermos recalls 8.2 million bottles after stoppers eject, causing injury and reported vision loss

      May 3, 2026
    • Build-A-Bear recalls roughly 36,000 Heart-Warming Hugs Bears

      May 3, 2026
    • DHS scorches Pritzker’s ‘sanctuary’ state after child rapist on ICE detainer released

      May 2, 2026
    • DC police captain cites bodycam footage of officers not making arrests, sparking backlash

      May 2, 2026
    • Socialist mayor’s blunt 1-word message to fleeing millionaires sparks outrage: ‘We’re doomed’

      May 2, 2026

    Categories

    • Business (1,208)
    • Investing (4,252)
    • Politics (5,331)
    • Stocks (1,155)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: sportinvestorsleague.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2026 sportinvestorsleague.com | All Rights Reserved