Assuming FSD is ‘live’ in Australia in Q2-2024, we will have many uber drives looking for new ‘jobs’ to fill the day.
The ‘TeslaTaxi.com.au’ pool-fleet is one of the ways an ‘ex-uber’ guy can keep busy and productive!
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how it works (example below for BNE [Brisbane, QLD, Australia] pop ~2m) - we need an ‘initial’ pool of 100-cars, this will be across approx 50x owners (all under 20km from BNE-CBD).
‘our service’ [TeslaTaxi.com.au/pool] will ensure that each ‘member’ has 20x cars available on the app. (to ‘summon’ at any time for personal use)
each owner will ‘net’ 120%~$250% of ‘running costs’ form ‘robo cab’ profits/revenue - assuming ‘personal use’ from the pool is under 250km (per week, per car)
the details…
If you ‘commit’ 2x cars, you can ‘use’ 500km total from the pool per 7-day block. (or 4x 4hr blocks - 1x 4hr block = 125km ‘allocation’)
If you use (say) 700km, you will ‘forfeit’ $100 ‘earnings cut’ [$0.50c AUD per 1km] from that week’s disbarments. [or, if a 4hr ‘booking’ for personal use ends up taking 6hrs, your ‘cost per 60min’ will be deducted at $20 AUD per 60min]
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Example; 100 cars, each earning $1200^ ‘robo-cabbing’ in a week = $120k
50x owners = $2400 paid to each owner (of 2x cars), or $2300 with the above ‘over use’ cost deducted.
your total cost per car is approx $500 per week. (5-year loan on $80k = $400 per week and $100 per week for other costs - tyres, insurance, rego etc)
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when you ‘commit’ a car, you are agreeing to;
max 250km ‘free’ personal use per week (per car)
you pay own loan and FSD cost/subscription^
you pay own tyres/insurance
you charge your car at night - at home*
you can ‘reserve for free’ max 2x 4hr block per week (per car committed - as above 4hrs = 125km ‘use’)
you will give 90-days notice to remove your car (or forfeit earnings of $100 per day short of 90-days notice - i.e. give 10-days notice and forfeit $8,000)
you also select ‘expected use’ of ‘peak’ or ‘off peak’ (off-peak** selected and used = bonus of 125km per week [i.e. 375km] - see TT-WP-23 for more details)
FAQ:
Why is a ‘pool’ membership a better deal than just buying an extra car to offer on robo cab FSD?
A: May reasons;
you can use more than one car at a time for the family
you can profit from rentals and use ‘car sitters’ as needed^^
you can ‘buy’ extra KM from week-to-week as needed (i.e. if you need to keep a car full time for a trip to Sydney, you can just book your car [or an other car in the pool] for 7-days for a $900 ‘payment penalty’ — i.e. you can still be in a ~5%+ net profit if you have 2x cars in the pool and take one car out for a personal exclusive booking for 7-days [extending a 7-day booking to 8-days+ is $75 per day - max 60-day limit per year total]
in the example that 50% of the pool exits for a week over xmas (private exclusive bookings) then the earnings distributed to the remaining 50% of the owners will be 200%+ the average as the other owners are not taking payments from that week
If your car is off the road for accident repair for 6-weeks, it will not affect your ability to earn $$ or use a car
we have a full info pack that we will send you on request - email; millin.b@theavking.com.au
^jobs for ex-uber drivers;
If an owner can not charge his car at home, he may offer the ‘car sitter’ a payment of $15 per day for overnight charging (i.e. if you are a registered car sitter, you would plug in the car and spend $7 on power to charge it, and receive $15 for this service)
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If the owner of the car wants to pay a ‘car sitter’ to wash and vacuum the car, he may offer the car sitter $45 per week to do this (we can automate this payment from the owner’s earnings to be diverted to the car sitter automatically - so if the owner elects Garry to to wash his car, then the owner will get $845 of his $900 earnings that week and the car sitter will get the other $45…)
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Many other ‘jobs’ exist that will be added to the ‘TT-WP-23‘ document in detail.
What ‘cut’ will Tesla Taxi .com.au take from the ‘pool’ earnings?
A: Our aim is to automate 99% of operations, so, the end result will be a $1500 ‘join up’ fee per car and then as low as a 3%^*^ ‘operating’ commission.
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i.e. from the above example of $120k income per week from the 100-car initial pool in BNE, Tesla Taxi .com.au would only ‘clip’ $3,600 per week to cover our costs and generate our operating profits.
^*^; note; form the initial 100-car fleet in BNE, for the first 12-months this ‘commission’ rate may need to be 9% to fund development of the interface with Tesla API to manage owner ‘summon on demand’ and ‘block-out’ calendar & app-notification systems - but our end goal is for a 3~6% costs structure from month-13 of practical operations…
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How the numbers stack up^;
If you drive a Tesla on Uber now (Q3-2022) for a 60hr week, you will net more than $2200 for the week (we have several of our cars now with full time uber drivers in QLD, they get $1900~$2400 per week from driving 60hrs over 7-days and doing on average 1600km per week) - there is a ‘certainty’ that all Tesla ‘ride hail’/robo-cab rides will be at ‘price parody’ with the rate on offer from Uber, less ~10%
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so for an owner committing 2x cars, we can assume 80hrs+ ‘working time’ per car, less the ‘net’ <10hrs ‘personal’ use allocation, meaning the car will ‘earn’ $1400~$2100 ‘gross’ (per car) less charging costs = >$1200 net profits per car as per above calculations/details.