Globalnews.ca
With the relatively low price tag, Musk said autonomous vehicles could be thought of as “individualized mass transit,” with a fuel cost of 20 U.S. cents a mile (12 U.S. cents a kilometre) over time.
I thought electric vehicles were supposed to be cheaper than that per mile. At the current cost of gasoline, my fuel cost per mile ranges from 9¢ per mile of highway driving to 13¢ per mile of city driving, not counting oil changes or other ICE maintenance, which are probably more than offset by my tires lasting longer than an EV's. And that's on premium gasoline, not regular.
If this was about something real, that number would be about total cost, and depreciation and maintenance are the overwhelming majority of the costs of a car.
But on this case, this was about vapor costs, and boiling water uses a lot of energy.
You can double you fuel costs to get the total cost if we can ignore the value loss of your vehicle.
If they'd announced that Cybercab was the new sports car the stock would have gone up.
Though I do like the Robovan's art deco styling.
Musk imagined the Robovan being used to “solve for high density” transport, like ferrying an entire sports team.
What about a dense city of people all getting to work at 8 or 9 am? Surely, that is much more high density than a sports team.