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RE: LeoThread 2025-07-01 14:49

in LeoFinance3 months ago

An average ride spans about 15 miles, with a Tesla Model Y using 4.2 kWh over that distance—costing roughly 42 cents at a rate of 10¢ per kWh.

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Margins are around 90% (excluding vehicle depreciation of roughly 10¢ per mile or an additional $1.50 per ride).

"Welcome to post-scarcity," stated a recent announcement about the launch of a robotaxi in Austin, where rides are offered

for a flat fee of $4.20.