EmbeddingGemma 2: an open, lightweight multimodal embedding model
deepmind.google·6d ago
AI Engineering
Hacker News·Sep 7·5 min read
If a Tesla Cybercab fleet were profitable, Tesla wouldn't sell you one
TL;DR
Tesla is promoting the sale of Cybercab robotaxis for businesses to operate on its network, but past promises of profitability remain unfulfilled. If these fleets were truly lucrative, Tesla would retain ownership instead of selling vehicles.
✦ Why It Matters
Evaluate the feasibility of investing in a Cybercab fleet before committing resources.
Key Takeaways
- Evaluate the financial risks before purchasing a Cybercab fleet.
- Understand Tesla's profit motives behind selling Cybercabs.
- Research past failures of similar business models in the EV space.
- Consider alternative investment opportunities with clearer profit potential.
Full Summary
Tesla is soliciting interest from businesses to purchase and operate Cybercab robotaxis on its network, echoing promises made since 2019 about significant earnings potential. Elon Musk previously claimed that owners could earn up to $30,000 annually per vehicle by joining the 'Tesla Network.'
However, this promise has not materialized, as owners have been unable to operate their cars as robotaxis, with Tesla managing the service itself. A case study of MisterGreen, a Dutch leasing firm that invested heavily in Teslas based on these promises, ended in bankruptcy, highlighting the risks involved.
Tesla's strategy appears to offload financial risk to fleet buyers while retaining high-margin software and network control. If the Cybercabs were as profitable as claimed, Tesla would keep them rather than sell, raising questions about the true viability of this business model.