T4L is a two year old company providing an All-Inclusive, hassle-free Transportation Subscription Service based on a fleet of over 30 Tesla vehicles. We create “Enjoyable (Easy) Transportation Access” ETA. Providing convenience and saving hours of precious time for our clients.
The Company has consistently grown subscribers, revenue and the fleet every quarter since its 1st revenue in Q3 of 2021.
We have bundled all costs/services of EV use into a 1-5 year self-renewing subscription.
Everything Included
• EV Vehicle
• Insurance
• Taxes and Registration
• Maintenance covering tires
• Brakes, batteries
• Wiper blades
• Vehicle refresh
• Software updates
• Supercharging (The Fuel)
• Roadside Service Support
• 24/7 Concierge Service
• Tolls & Tickets (Surcharged on bill)
• T4L Charge Card (for 3rd party charging)
T4L is a Transportation as a Service (TaaS) company. The electric vehicles in a subscription model provide a method for us to deliver world-class services that garner significant member loyalty, community and growth.
We are now focused on raising growth capital we have fleet leasing in place, and our next big milestone is profitability in 2023. We are raising $3-$10mm in $100k minimums at $42 per share. Companies last money valuation is ~$45,000,000. We have more traction than we have capital, and need growth funding now.
Unit Economics
- Our business is based on hard appreciating assets, our Average Asset Value owned or leased is $72,000.
- The revenue for the business is long-term recurring revenue with 1-5 year predictable income with price adjustments for underlying costs, the current average monthly service fee per subscriber is ~$1,460.00
- The gross margin after COS (Cost of Services) not including depreciation or debt service is averaging ~60%
- Profitability is predicted at around 90-120 subscribers depending on model subscribed, this is modulated by how many owned cars and leveraged (Leased) cars are in the fleet, and the underlying cost of lease capital.
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