Csquared is prepared to purchase a 100-vehicle Cybercab fleet and operate it on Tesla's robotaxi network. We have completed a full commercial diligence pass and we're asking Tesla for the terms to move first.
Start the conversationThree convictions, each one underwritten before this page existed.
Autonomy is a manufacturing problem and a data problem, and Tesla is ahead on both. A robotaxi network gets better with every paid mile - 2.5 million and counting - and the operators who add cars to it early don't just earn revenue, they help make the network denser, faster, and harder to catch. We want to be one of those operators.
The Cybercab is the first vehicle designed from first principles for paid autonomy: two seats, no driver hardware, engineered for cost per mile instead of cost per sticker. Every prior rideshare fleet was a compromise around a human driver. That compromise is gone, and the economics reset with it.
Early fleet terms will be set by the buyers who show up with committed capital and a real operating plan while the ramp is still slow. We're showing up now - diligence complete, capital committed, ready to sign - because the best allocation of the first production years goes to whoever asks for it seriously, first.
A straightforward commercial proposal: we bring committed capital and an operating plan; Tesla brings the vehicles and the network.
Program size at Tesla's stated ~$30,000 target price: roughly $3M in vehicles, plus depot, charging, insurance, and working capital.
We've built the plan around verified facts, not hype. Here's what we know as of September 2026.
Per-cab annual model across three utilization scenarios. Anchored to observed pricing; every assumption is labeled as one. Tesla has the real numbers - we're asking for them.
| Per Cybercab, per year | Low | Base | High |
|---|---|---|---|
| Paid miles per day assumption | 50 | 100 | 150 |
| Revenue per paid mile assumption | $1.50 | $2.00 | $2.50 |
| Gross revenue (350 operating days) | $26,300 | $70,000 | $131,300 |
| Less: Tesla network share assumption | 25% | 25% | 25% |
| Less: operating cost per mile assumption | $0.40 | $0.35 | $0.30 |
| Net per cab per year | ~$12,700 | ~$40,300 | ~$82,700 |
| Payback on ~$30K vehicle | ~2.4 yrs | ~9 months | <5 months |
| 100-cab fleet, net per year | ~$1.3M | ~$4.0M | ~$8.3M |
What Csquared becomes if Tesla says yes.
Take first deliveries, run them hard on Tesla's network, and publish our real per-mile economics back to Tesla. One market, operated flawlessly, before any second one.
Full fleet delivered in tranches matched to the ramp. A depot, charging, cleaning, and remote-assistance operation built for 100 cars from day one, not retrofitted at 60.
Tesla's map decides our map. As new robotaxi markets open, Csquared is positioned to be a repeat fleet buyer - hundreds more vehicles across multiple markets, on the same terms we prove out with the first 100.
Before asking Tesla for 100 cars, we worked the problem end to end - more than 30 load-bearing questions across eight workstreams, each mapped, sourced, and stress-tested.
Fleet purchase terms, steering-wheel vs. control-free variants, delivery cadence against the ramp, resale and software-access restrictions.
SPV design, asset-backed debt vs. equity, residual-value underwriting on a purpose-built robotaxi, total program cost.
Revenue per mile, utilization, full opex stack per mile, Tesla network revenue share, payback sensitivity at low/base/high cases.
State AV deployment frameworks, municipal requirements, federal FMVSS and NHTSA exemption status for control-free vehicles.
Commercial AV fleet coverage, crash liability allocation between operator, Tesla software, and passenger.
Depot siting and cost, charging infrastructure, cleaning and turnaround, Tesla service capacity, remote-assistance staffing, winter operations.
Depreciation treatment, commercial clean-vehicle credits, state and local levies on per-mile economics.
Residual-value scenarios, cancellation rights on the order, milestone-based capital deployment, hardware obsolescence protection.
Badal Shah, Principal - Csquared / eighteen30ventures.
Founder of TIDL, a consumer health company built over five years into national retail distribution (Walmart, CVS, Vitamin Shoppe) and an approved pharmaceutical supplier to the VA and Department of Defense. Operator first: we build things that have to work in the real world, at fleet scale, on real unit economics.
We're not waiting to see whether robotaxis happen. We're asking to be one of the fleets that makes them happen.
