Purpose-built for autonomy

The initial fleet is planned at ten Cybercab vehicles. Fleet size is a function of capital raised, vehicle availability and observed utilization in the market, and is reviewed as each of those inputs changes.

What is established as of 17 September 2026: the Cybercab is a two-seat vehicle with no steering wheel or pedals, built at Gigafactory Texas. Tesla told investors in July 2026 that production had started and that production vehicles were being tested on public roads; paid rides began in Austin on 3 September 2026.

What is not established: Tesla has published no consumer or fleet purchase price and operates no order page. The widely quoted "$30,000 or less" is a target stated by its chief executive (February 2026, "before 2027"), not a price list. On 3 September 2026 Tesla circulated an interest form for "Cybercab fleet vehicle purchasing" without disclosing price or terms. Every vehicle-cost figure on this site is therefore a placeholder until Tesla publishes one, and the acquisition line in the use of proceeds should be read that way.

The most-quoted per-vehicle economics in this sector are neither ours nor new. At Autonomy Day on 22 April 2019, Tesla presented a gross-profit model for a single robotaxi. Seven years on it still anchors most public discussion of fleet returns, so it is set out here with the caveats it needs.

Price per mile

Under $0.18

Gross profit per mile, at 50% empty miles

$0.65

Annual mileage, at 16 mph for 16 hours a day

90,000

Gross profit per car per year

About $30,000

Vehicle longevity

11 years

These are Tesla figures, not ours. They model a Tesla-operated network, they were published in April 2019 for a vehicle that did not then exist, and Cincinnati CyberFleet has not adopted them. This company has published no per-vehicle projection of its own, and nothing above is a forecast of what a vehicle in this fleet will earn.

Three points to read carefully. The $0.18 is the cost of operating the vehicle for a mile, not the fare a rider pays. The $30,000 reconciles only if the 90,000 annual miles are halved for the 50% empty-mile assumption, leaving roughly 45,000 revenue miles at $0.65. And 11 years at 90,000 miles a year works out to roughly a million miles of service from one vehicle.

Every figure above is a 2019 projection. We are aware of no operator that has since published audited per-vehicle results at these levels. This fleet will publish its own numbers when it has them, and not before.