Jake Mars
685 posts

Jake Mars
@JakeMars7
Husband, Father, California Native, UCSB Alum. Helping our customer scale and deliver value with our enterprise work management platform #smartsheet
California, USA Katılım Nisan 2013
871 Takip Edilen190 Takipçiler

I plan on owning my own Tesla Robotaxi fleet one day.
And the more I run the numbers, the more I realize this new business could become one of the most powerful income opportunities I've ever seen.
This is how I'm thinking about it.
Based on many analyst models and Tesla’s long-term vision, a reasonable base case assumption is about ~$30,000 per year in net profit per Robotaxi to the owner. This is after things like Tesla’s platform fee, charging, tires, maintenance, insurance, and cleaning.
Of course, the network is still early and Tesla is just beginning to roll this out in pilot programs in a few cities, so there’s no official real-world owner earnings yet... but using reasonable assumptions around utilization, pricing per mile, and operating costs, the math starts to get really interesting.
If one Robotaxi can earn around $30,000 per year, here’s what a fleet might look like:
• $100,000 per year → about 4 Robotaxis
• $500,000 per year → about 17 Robotaxis
• $1,000,000 per year → about 34 Robotaxis
It may sound a bit crazy at first, but when you break it down, it starts to make more sense.
These vehicles could potentially drive 50,000 to 100,000+ miles per year in high demand areas. If the economics land somewhere around $0.25-$0.50 profit per mile after all costs, you end up right around that ~$30k per vehicle per year range.
And remember, the Tesla’s Robotaxi network is going to work a lot like Airbnb for cars. You add your vehicle to the network, Tesla handles the software, routing, payments, and rider experience, and they take a platform fee (often modeled around 25-35%). The owner keeps the rest after operating costs.
Another thing that makes this interesting is the expected cost of the vehicles themselves.
Tesla has talked about the purpose-built Cybercabs costing roughly $25k-$30k and Elon told me production is starting in 1 month! If that’s even close to reality, a fleet capable of generating around $1 million per year could theoretically cost somewhere around $850k-$1M in vehicles. That ROI is pretty freakin good!
Now to be clear, none of this is guaranteed. I'm just thinking out loud and sharing it with you... a lot still depends on regulations, how fast unsupervised FSD scales, demand in each city, insurance costs, and how Tesla structures the network.
But if the system works the way Elon has described it for years, owning a Robotaxi fleet could become one of the most powerful forms of passive income I've ever seen. And I plan on sharing the numbers with everyone on 𝕏 when the day comes.
Personally, that’s why I’m paying such close attention.
Bc one day, owning a fleet of autonomous Teslas working for me 24/7 might be the modern version of owning a rental property, except instead of tenants, you’ve got robots driving people around all day while you sleep.
This next book of Tesla is going to be so exciting!

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I’m so proud to be part of an organization that has been named a Leader in the Gartner® Magic Quadrant™ 3x in a row! Learn how we did it again: ow.ly/2hWZ30sQXHu

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Want to learn how teams are using Smartsheet AI to stay ahead of change? Join our virtual event this week, register here: ow.ly/uR6G30sPGCj

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We’re excited to see Smartsheet recognized, again for the second consecutive year, as a Leader in the Gartner® Magic Quadrant™ for Collaborative Work Management (#CWM). Check out the full report here: ow.ly/8Knw30sIsPS

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How is AI helping businesses adapt swiftly to market changes and consumer demands? 💡 Discover the ways companies are harnessing AI for their digital transformation: ow.ly/rLPb30sGVka #GenAI

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Are you ready to deliver results faster? Smartsheet can help your team plan, execute, and scale work. #PeakHuman
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Generative AI can save project managers time by simplifying tasks and generating fast results. 💡 Get started with #GenAI and learn the latest tips for creating AI prompts: ow.ly/5Uv130sGAkc

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Need help building a case to attend #SmartsheetENGAGE? Download the letter we created if you still need approval from your boss to attend. ow.ly/pelf30sFGuN

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We ❤️ our customers and our customers ❤️ Smartsheet! Read why we were recognized as a Customers’ Choice in the 2024 Gartner® Peer Insights™ ‘Voice of the Customer’ report in the Collaborative Work Management market: ow.ly/WGeP30sFzAS #CWM

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For the second consecutive year, Smartsheet has been recognized as a Customers’ Choice in the 2024 Gartner® Peer Insights™ ‘Voice of the Customer’ in the Collaborative Work Management market. Read more here: ow.ly/QAyj30sES2q #CWM

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Bayer opted for a project and portfolio management solution in Smartsheet, resulting in real-time visibility and countless business hours saved. Explore Bayer’s Smartsheet journey here: ow.ly/4TLc30sCQKZ
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Jake Mars retweetledi

It’s always great when I have the chance to catch up with customers and learn about their GenAI journeys on #AWS. Last week, I chatted with Praerit Garg whose team at @Smartsheet used AI tools like Amazon SageMaker when they first became cloud native more than three years ago. Today, they’re using the power of Amazon Q Business to consolidate their organizational knowledge into a single AI engine to give their workforce immediate answers, significantly boosting employee productivity.
Excited to see what more they build with AWS!
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Save the date for our inaugural Smartsheet Gov Forum! 🗓️ This immersive event is built specifically for users of the Smartsheet Gov platform to help you unlock your greatest potential. Stay tuned for more details! ow.ly/E3BY30sBc7m
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Struggling to keep employees engaged with change management initiatives? Try these two tools from Smartsheet for a more people-centric approach to change management: ow.ly/4AVn30sBc7o

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We’re moving #SmartsheetForward with new features and capabilities to enable you to achieve your business goals. ow.ly/Wn2r30sAmv4

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We’re proud to share that Smartsheet has achieved a milestone $1B in annualized recurring revenue. But what matters most isn’t what we’ve built for ourselves, it’s what others build with us. ow.ly/uCEE30szaLv

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Did your team suffer from silos this last year? If so, it’s time to break down those barriers that prevent team alignment.
Download our e-book to learn how to spot the signs and start achieving more with less in 2024: ow.ly/J0I630sz7hs

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