Risk, Cost and Forward-Looking Statements Disclosure
Uncertainty, preliminary costs and the limits of the calculator.
Version 2026-09-07-legal-v3 · Effective date: September 7, 2026
1. Prelaunch status and purpose
Cybercab Collective is a proposed business project operated at this stage by Broodex, Inc. It is collecting nonbinding interest, not accepting investments. This disclosure identifies significant issues to consider; it is not a complete offering memorandum or a personalized risk assessment. Any later proposal will require updated, transaction-specific disclosures. A future investor could lose the entire amount invested and could owe additional amounts only under a separate funding commitment expressly accepted at that later stage.
2. No established Tesla commercial entitlement
There is no representation on this Website that Broodex or a future fleet company has a signed Tesla purchase agreement, secured Cybercab allocation, confirmed delivery date, confirmed price, network access or agreed revenue share. Publicly announced third-party opportunities are not our contractual rights. Negotiations may fail, quantities may be unavailable, or terms may make the project uneconomic.
Tesla may change product design, prices, eligibility, delivery priorities, software licensing, network access or business practices. Dependence on one manufacturer and operating ecosystem creates concentration risk. The project is not affiliated with, endorsed by, sponsored by or operated by Tesla, Inc.
3. Vehicle-price assumption is not an investment quotation
All amounts are in U.S. dollars unless expressly identified otherwise. The calculator assumes $30,000 per whole vehicle solely to illustrate interest. At that assumption, one-third is $10,000 and ten vehicles are $300,000 of vehicle-purchase cost. The actual acquisition cost may differ materially, and fractional visual units may not correspond to a legally or commercially available structure.
The illustration does not include all startup and operating capital. Delivery, taxes, title and registration, legal and securities compliance, formation, insurance, facilities, charging infrastructure, professional services, technology, working capital and contingency reserves can increase the amount required. Financing costs and security interests may also affect investor rights. The slider is not a final subscription price, company valuation or ownership allocation.
4. Approximately $700 per vehicle per month is preliminary
The project currently uses an approximate $700 monthly estimate per whole vehicle for a management-and-cleaning arrangement. Charging is excluded and would depend on usage and applicable pricing. Insurance, maintenance, licensing, parking, repairs, taxes, network charges and other expense inclusions have not been finalized. They must be itemized before an investment; the $700 figure must not be understood to include everything or cap exposure.
For illustration only, one-third of $700 is approximately $233.33 per month, one whole vehicle is $700 and ten vehicles are $7,000. These figures show the scale of this fee assumption before charging and other excluded or unresolved expenses. They are not invoices, assessed contributions or guaranteed prices. A final budget must avoid charging twice for an item included in the management fee.
The final fee can be higher or lower. Any later changes would follow the applicable investment and management contracts, not this Website's unilateral discretion. A management fee may include compensation or overhead benefiting founders and may be payable during periods without distributions.
5. Low utilization, losses and mandatory future funding
Fare revenue may not cover expenses. Vehicles can have few rides, be temporarily out of service, or remain undeployed while insurance, facilities, management or other charges continue. Reserves may be insufficient. Revenue may be delayed, disputed, reversed or affected by network costs, discounts, competition and seasonality.
The future structure may include an expressly agreed obligation to contribute toward operating shortfalls. As a simplified example only, if receipts available for a single vehicle were $400 in a month and the only expense were a $700 charge, the shortfall would be $300; a one-third allocation would be $100. This example excludes charging and every other cost, does not predict receipts, and does not establish the allocation applicable to future corporate shares. Actual shortfalls can be much greater and last longer.
A later funding agreement must explain the allocation basis, any monetary cap, duration, reserve use, decision process, notice, due dates and remedies. Nonpayment of a valid future commitment could have consequences such as dilution, enforced payment or disposition of interests if expressly agreed and legally permitted. None is imposed by this interest form. Do not assume that initial investment alone is the maximum possible exposure under the contemplated future structure.
6. Regulatory and operating permissions
Vehicle compliance, commercial automated-driving authorization, transportation-network requirements, local operating conditions and insurance are separate issues. Manufacturer or network permissions may not cover a separately owned fleet or independent operator. Federal, state or local changes, investigations, recalls, litigation or enforcement may delay or prevent deployment or require expensive changes.
Austin is the intended initial market. Houston, Dallas, Miami, San Francisco and other markets may be evaluated, but are not represented as locations where this project is approved or operating. Another operator's current activity in a city is not permission for this project. Authorizations, insurance and commercially viable access need to be evaluated for the actual owner, operator, dispatch network and vehicle configuration.
7. Safety, technology, insurance and maintenance
Autonomous vehicles involve accident, personal injury, property damage, cybersecurity, software, communications and operational risks. Technical defects, vandalism, weather, charging failures, outages, battery deterioration and recalls may create downtime, losses or liability. Insurance may be unavailable on acceptable terms or contain exclusions, deductibles or insufficient limits. An insurance policy does not eliminate uninsured loss.
Maintenance, cleaning, staffing, towing and charging facilities may cost more than expected. A vehicle can depreciate faster than planned or have limited alternative use or resale value. A software or network dependency may persist even if a vehicle is fully paid for.
8. Corporate ownership and unresolved structure
The principal concept is investment in corporate shares, with the corporation owning vehicles. Vehicle-specific corporate participation is also being evaluated. Shareholding is not personal vehicle title, a right to take possession of a vehicle, or a direct entitlement to every fare earned by it. The final structure may pool results across vehicles or distinguish vehicle-specific economics, but this has not been decided.
Investors may hold a minority position and have limited voting or control rights. Founder ownership, preferences, financing, future issues and different classes can affect distributions, dilution, liquidation and reporting. A visualization of one-third or ten vehicles does not determine these rights. The corporation's creditors may have priority over shareholders.
9. Distributions are conditional, not guaranteed income
Monthly payments are a planning objective only. They may instead occur quarterly, be reduced, deferred or not paid. Available cash, operating and financing obligations, reserves, taxes, solvency, board decisions and final share rights determine whether distributions are possible. Gross revenue, accounting profit and cash available for distribution are different measures.
A distribution may in some circumstances include a return of capital rather than operating profit, and its source should be identified in future reports. Board discretion is subject to applicable law and binding rights; it is not a promise to pay whenever a dashboard shows revenue.
10. Liquidity, financing, conflicts and taxes
A future private investment may be restricted, lack a resale market and need to be held indefinitely. No redemption, buyback, resale price, listing, insurance of investment value or exit date is promised. Debt may create collateral rights, covenants or repayment priority. Further equity financing can dilute existing investors.
Founders or affiliates may receive management compensation, salaries, reimbursements, ownership or other benefits. That can create conflicts in setting fees, choosing providers, retaining reserves, allocating opportunities and deciding distributions. The final offering must disclose material compensation and related-party arrangements.
The intended corporation may be subject to corporate income tax, and shareholders may separately be taxed on distributions or gains. Foreign investors may face withholding, currency conversion, reporting and home-country tax obligations. Tax outcomes depend on the final entity and the investor's circumstances. No tax result or investment deduction is promised.
11. Reporting is planned and has limitations
We intend to develop transparent reporting of fleet activity, receipts, costs, reserves and any distributions, subject to actual access to reliable data, contracts, privacy and security. No live fleet track record or audited performance is established by this Website. Any demo dashboard, vehicle visualization or scenario must be labeled as illustrative and not actual performance.
Operational reports may use estimates before final reconciliation and may later require correction. Investors' information rights, reporting frequency, accounting policies and any audit or review will be specified in the final documents. Customer-identifying trip information may need to be withheld or aggregated.
12. International participation and digital assets
Foreign interest does not guarantee lawful solicitation or investment eligibility. Securities, financial-promotion, sanctions, privacy, exchange-control and tax requirements can prevent participation. Additional documentation and review may be required. A payment from outside the United States or in cryptocurrency does not avoid those requirements.
Digital-asset payments are contemplated only for a later approved process. Volatility, depegging, incorrect networks, wallet errors, fraud, sanctions, custody failure and conversion costs can create losses. No wallet connection or transfer is requested at this stage. A future payment method will not remove rights or duties arising under law or the definitive agreements.
13. Forecasts and changes
Words such as "plan," "intend," "expect," "project," "may" and "estimate" describe uncertain future events or assumptions. Actual outcomes can differ materially. There is no assurance the project will launch or meet any target. Information should be read with its stated date and underlying assumptions. No special statutory forward-looking-statement safe harbor is claimed merely by including this section.
We will address material corrections and updates as required by applicable law. This disclosure does not authorize false statements, override a specific disclosure duty, waive liability for wrongdoing, or replace complete later offering materials. Questions or possible inaccuracies may be reported to [email protected].