Anonymous
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- #1
So I'm a little skeptical about FSD and robotaxis. I think they're essentially impossible and will never happen, but since the cybertruck reservation was only $100 and refundable, I placed an order for 20+ just in case I am wrong. I saw this as essentially a very good call option on robotaxis.
Assuming that robotaxis do come in the next 3 years (My delivery ETA), how exactly would I go about purchasing my vehicles? I've never operated a business before, so I'm kind of going in blind.
I'm a guy in my 20s with a NW of approximately $500k. I make $120k/year and pay $1500/month for my mortgage. Unless my income goes up dramatically in the next 3 years, I don't think anyone would underwrite a loan of $1.5+ million (Probably more, as I would have to also buy property/infrastructure for my fleet).
My next option be getting a small business loan and arguing that the income from my fleet would cover my costs. Google tells me I need a 10% downpayment, so I'll probably need to pay up $200-300k upfront.
Hopefully the robotaxi network grows a bit by then for the banks to see it as a viable business.
Is there anything that I'm forgetting? It seems pretty cut-and-dry, but I know that running a business is complicated.
Assuming that robotaxis do come in the next 3 years (My delivery ETA), how exactly would I go about purchasing my vehicles? I've never operated a business before, so I'm kind of going in blind.
I'm a guy in my 20s with a NW of approximately $500k. I make $120k/year and pay $1500/month for my mortgage. Unless my income goes up dramatically in the next 3 years, I don't think anyone would underwrite a loan of $1.5+ million (Probably more, as I would have to also buy property/infrastructure for my fleet).
My next option be getting a small business loan and arguing that the income from my fleet would cover my costs. Google tells me I need a 10% downpayment, so I'll probably need to pay up $200-300k upfront.
Hopefully the robotaxi network grows a bit by then for the banks to see it as a viable business.
Is there anything that I'm forgetting? It seems pretty cut-and-dry, but I know that running a business is complicated.
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