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Open original source ↗These figures are, of course, ridiculous. First of all, roughly half of all ride-hailing miles are “dead” (non-revenue) miles. Second, commercial auto insurance is 3-4x personal auto insurance(10 cents per mile), or 30-40 cents per mile. Cleaning costs($400/month), etc.
(2) But the big cost per mile for the Robotaxi fleet will be redundancy/safety/monitoring, which MIT estimated at $0.05 to $2.35(!) per mile, depending on regulation. With the entire US taxi/ridesharing market at $50-75B in 2024. $TSLA
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Tesla bulls who are bearish on Robotaxi refuse to address the insane unit economics $2.00 per charged mile $0.50 in cost per mile (very high estimate) $0.75 in cost per charged mile = $1.25 profit per mile. (Tesla owned) Where are is this wrong?
bradsferguson ↗