Part 8/12:
Tesla's pursuit of this autonomous ride-hailing ecosystem is further buoyed by demand data. Urban ride-sharing markets in the U.S. show lucrative profit margins—operating costs around 46 cents per mile against fares averaging $4 per mile—making the robotaxi model highly profitable.
Tesla’s ability to provide a consistent, reliable, and private service gives it a significant advantage over human-driven taxis. The company could intelligently preposition vehicles within urban settings, ensuring near-instant pickup times, and undercut traditional ride pricing.