Network / platform fee
Illustrative share for rider channel / autonomy platform access.
- Per mile
- $0.35
- Fleet annual
- $175,000
Cost transparency · CAD · Illustrative
Operating cost model
Planning estimates for a 10-Cybercab Hamilton fleet. Figures are educational placeholders for diligence conversations — not audited costs, not guarantees, and not an offer of securities.
Strong illustrative disclaimer
All amounts are in Canadian dollars (CAD) and are hypothetical planning inputs. Network fees, insurance, energy rates, municipal costs, and Tesla commercial terms (if any) are unknown or evolving. Do not treat this page as a projection of profit or cash yield.
Scenario: Base — 50,000 planning miles / cab · gross fare $1.35 / mile (CAD, illustrative).
Fare vs cost waterfall
- Gross fare / mile$1.35
- − Network / platform fee$0.35
- − Commercial insurance$0.14
- − Energy & charging$0.18
- − Maintenance & tires$0.08
- − Cleaning & detailing$0.05
- − Ops & overhead$0.10
- − Vehicle depreciation$0.12
- Net to fleet (illustrative)$0.33
Fleet annual snapshot (10 cabs)
Fleet miles
500,000
Gross fares
$675,000
Operating costs
$510,000
Net (illustrative)
$165,000
Cost / mile held constant across scenarios at $1.02 for simplicity; real costs may scale with utilization. Not a forecast.
Cost category cards
Commercial insurance
Liability and physical-damage planning estimate (Ontario context TBD).
- Per mile
- $0.14
- Fleet annual
- $70,000
Energy & charging
Electricity and depot / public charging friction, CAD.
- Per mile
- $0.18
- Fleet annual
- $90,000
Maintenance & tires
EV wear, tires, unscheduled repairs — lower labour vs ICE, not zero.
- Per mile
- $0.08
- Fleet annual
- $40,000
Cleaning & detailing
Turnaround cleans and periodic deep cleans between rides.
- Per mile
- $0.05
- Fleet annual
- $25,000
Ops & overhead
Local management, software tools, municipal fees, admin.
- Per mile
- $0.10
- Fleet annual
- $50,000
Vehicle depreciation
Planning allowance for capital recovery — not a tax opinion.
- Per mile
- $0.12
- Fleet annual
- $60,000
Methodology notes
- Per-mile cost shares are held flat across scenarios so the waterfall stays readable; real ops will vary with utilization, weather, and depot design.
- Charging assumes mixed depot + public energy — Hamilton / Ontario electricity rate cards should replace placeholders before any raise.
- Platform fee is a stand-in for possible Tesla Robotaxi network economics — not a published Tesla tariff for this market.
- Compare with traditional driver-inclusive rideshare cost-per-mile only as a conceptual contrast; local driver CPM varies widely.
Third-party · USD · Not affiliated
Independent fleet economics reference (Cern Basher)
Detailed line items transcribed from Cern Basher's public Tesla Cybercab / robotaxi spreadsheet (primary YouTube analysis), with a TeslaNorth article as a secondary summary. Hamilton Cybercabs is not affiliated with Basher or TeslaNorth, does not endorse or guarantee these returns, and does not present them as a forecast or an offer. Figures are in USD, may be outdated, and are illustrative third-party scenarios only.
Separate from Hamilton Cybercabs planning
Our raise terms (illustrative $60,000 / 7% preferred framing on Investors) and the CAD operating model on this page remain Hamilton Cybercabs' own illustrative planning inputs. They may differ materially due to Ontario insurance, CAD FX, Tesla Network availability in Canada, regulation, utilization, and local opex. Do not mix Basher USD owner-operator math with our Canadian fleet raise structure.
Key operating assumptions
From key-assumptions slide (~16:40, primary video). USD.
| Assumption | Value |
|---|---|
| Average speed of travel | 25 mph |
| Average trip length | 5 miles/trip |
| Empty miles | 40% of miles |
| Average loading/unloading time | 3 minutes |
| Tesla network take rate | 35% |
| Vehicle & battery life | 600,000 miles |
| FSD subscription | $199 USD/month |
| Vehicle utilization range | 30–65% |
| Base fare | $1.00 USD/trip |
| Fare price per mile | $1.00 USD/mile |
| Price per minute of idle time | $0.42 USD/minute |
| Charging cost | $0.16 USD/kWh |
Utilization outputs
Adjusted trips/day and miles/day by utilization (~16:40, primary video).
| Utilization | Adj. trips/day | Adj. miles/day |
|---|---|---|
| 30% | 18.8 | 157 |
| 35% | 21.9 | 183 |
| 40% | 25.0 | 209 |
| 45% | 28.2 | 235 |
| 50% | 31.3 | 261 |
| 55% | 34.4 | 287 |
| 60% | 37.6 | 313 |
| 65% | 40.7 | 339 |
Annual opex & gross profit at 30% utilization
Primary expenses table, 30% column (~47:45, primary video). USD/vehicle-year. A dash ($-) means not budgeted on the slide — not that real-world cost is zero.
| Line item | 30% util (USD/yr) |
|---|---|
| Gross profit | $20,951 |
| EV taxes & other | $1,365 |
| Tires and maintenance | $1,715 |
| Other operating costs 2 | $600 |
| Other operating costs 1 | $949 |
| MarketingNot budgeted on slide | $- |
| Insurance | $3,600 |
| ParkingNot budgeted on slide | $- |
| CleaningNot budgeted on slide | $- |
| Charging | $2,999 |
| Financing | $1,800 |
| Vehicle cost | $1,600 |
| FSD | $2,388 |
Note: a separate ~23:20 waterfall slide ("Expenses & Gross Profit at 30% Utilization with FSD Subscription") shows a different gross profit of $14,025 and other line amounts — a separate model presentation, not mixed into the table above.
Sensitivity by utilization (selected lines)
From the same ~47:45 multi-column table. Insurance, FSD, and financing are fixed across utilization; charging, tires & maintenance, and gross profit scale with util.
| Line item | 30% | 50% | 65% |
|---|---|---|---|
| InsuranceFixed across util | $3,600 | $3,600 | $3,600 |
| FSDFixed across util | $2,388 | $2,388 | $2,388 |
| FinancingFixed across util | $1,800 | $1,800 | $1,800 |
| Charging | $2,999 | $4,999 | $6,499 |
| Tires and maintenance | $1,715 | $2,858 | $3,714 |
| Gross profit | $20,951 | $41,339 | $56,630 |
Owner vs Tesla revenue split
USD/vehicle-year from revenue-split chart (~20:00, primary video). Tesla take rate in the key-assumptions slide is 35%.
| Utilization | Tesla share | Owner share |
|---|---|---|
| 30% | $17,634 | $32,397 |
| 35% | $20,544 | $37,775 |
| 40% | $23,454 | $43,154 |
| 45% | $26,364 | $48,532 |
| 50% | $29,275 | $53,910 |
| 55% | $32,185 | $59,289 |
| 60% | $35,095 | $64,667 |
| 65% | $38,006 | $70,046 |
Sources
- If You Buy a CYBERCAB How Much MONEY Could You Make?Primary — Cern Basher spreadsheet: ~16:40 key assumptions & utilization, ~20:00 revenue split, ~47:45 expense / gross-profit table
- Tesla Cybercab Could Be Far More Profitable Than ExpectedSecondary — Cern Basher spoken figures (take rate / util); no spreadsheet slide located
- Tesla Cybercab math: how a $6,000 investment becomes a $285k monthly fleetTeslaNorth summarizing Basher (secondary)
Also listed under Resources (Analysis). Verify original videos and articles before relying on any figure. Line items above are transcribed from preview/cern-basher/assumptions.md; no values were invented.