{"data":{"type":"company_profile","id":70386,"entity_id":"wefunder:company:70386","attributes":{"canonical_url":"https://wefunder.com/t4l","generated_at":"2026-06-23T04:38:36Z","updated_at":"2026-06-22T05:03:12Z","entity_ids":{"company":"wefunder:company:70386","slug":"wefunder:company_slug:t4l"},"profile_visibility":{"owner_published":true,"public_search_results":true,"site_search_listed":true,"privacy_mode":"promote","invite_only":false},"provenance":{"source":"wefunder_public_company_profile","as_of":"2026-06-23T04:38:36Z","claims":{"total_amount_raised":{"source":"FrontCompanySummary#amount_raised","last_verified_at":"2026-06-22T05:03:12Z","as_of":"2026-06-23T04:38:36Z","confidence":"high"},"total_investors":{"source":"FrontCompanySummary#number_of_investors","last_verified_at":"2026-06-22T05:03:12Z","as_of":"2026-06-23T04:38:36Z","confidence":"high"},"active_raise_states":{"source":"Fundraise.visible(nil, nil)","last_verified_at":"2025-02-18T20:44:04Z","as_of":"2026-06-23T04:38:36Z","confidence":"high"},"latest_fundraise_state":{"source":"Fundraise.visible(nil, nil).order(funding_started_at)","last_verified_at":"2025-02-18T20:44:04Z","as_of":"2026-06-23T04:38:36Z","confidence":"medium"}}},"company":{"id":70386,"entity_id":"wefunder:company:70386","slug":"t4l","name":"T4L (Transportation 4 Life)","tagline":"All-Inclusive Tesla \u0026amp; Nissan EV Subscriptions, Enjoyable-Easy Transportation","elevator_pitch":"Simple and Enjoyable All-Inclusive Membership Subscription To Tesla Electric Vehicles","story":"The ProblemThere is a rapidly changing landscape in the automotive transportation market.\u0026nbsp; The conventional business models are being challenged by changing social, economic and overall purchase behavior patterns.\u0026nbsp; Buying a car is stressful as you have to work with dealers, finance companies, DMVs, insurance companies, and maintenance shops in what is a repeating pattern. And this does not even take into account the depreciation hit that car owners take the minute the vehicle leaves the lot.\u0026nbsp;Vehicle manufacturers are focused on manufacturing. They cannot handle the increase in consumer service demand that a subscription model requires.Dealerships are focused on the sale of the vehicles and many are not equipped to support the all-inclusive model.\u0026nbsp;Buying, financing or leasing\u0026nbsp;do not offer the full all-inclusive model where consumers contact only one company to handle all matters concerning their vehicle.\"We're rapidly moving towards a subscription-based economy where consumers demand convenience, greater value and flexibility.\" - Melissa Wilson T4L\u0026nbsp;InvestorAs a result, there is an emergence of a newly defined business category--the \"Subscription Services Model\" to replace conventional car ownership or leasing.The MarketCar Subscriptions are expanding by $9.15 Billion with a projected\u0026nbsp;63% CAGR by 2024 and\u0026nbsp;49% of that growth coming from North America.*The SolutionWe identified and mapped out the intersection of changing car ownership to car usership, the rapid conversion to Electric Vehicles, the digitization of all users with mobile devices, next generations focusing on good Planet Practices, and the success of the client first services models. With this opportunity we created T4L - Transportation 4 Life.The T4L DifferenceT4L is providing an all-inclusive, hassle-free Transportation Subscription Service based on a\u0026nbsp;fleet of electric vehicles such as Tesla and NISSAN LEAF.T4L is a service company handling all the details of endless paperwork and hassles of dealing with\u0026nbsp;dealerships, the DMV, insurance, financing and maintenance to assure our Subscribing Members can simply enjoy driving their electric vehicle. The T4L subscription model provides a method that delivers value and best-in-class services to develop member relationships and\u0026nbsp;garner significant customer loyalty that drives growth by providing \"Enjoyable, Easy \u0026amp; Flexible Transportation Access.\"\u0026nbsp;How Does The T4L Membership Subscription\u0026nbsp;Work?T4L's all-inclusive transportation subscriptions provide ease-of-mind, worry-free, hassle-free use of electrics vehicles from Tesla.Clients pay a monthly fee. T4L provides an electric vehicle with all the details handled and managed by T4L including insurance, taxes and registration, vehicle swap, maintenance, vehicle refresh and software updates, charging, roadside service support and concierge priority service.One Company. One Monthly Payment. Everything Included.T4L Membership Subscription\u0026nbsp;BenefitsWorld-class member services is our top priority.\u0026nbsp; We use technology to help simplify the overall member experience.\u0026nbsp; Our T4L\u0026nbsp;members have dedicated Member Service Specialists which are their main point of contact to handle any issue, concern, question or request regarding their electric vehicle.T4L members no longer have to deal with\u0026nbsp;multiple companies.\u0026nbsp;\u0026nbsp;They contact\u0026nbsp;their dedicated\u0026nbsp;T4L Member Service Specialist to handle all of their Tesla electric\u0026nbsp;vehicle items from servicing, maintenance, repairs,\u0026nbsp;billing, registration, charging, tickets, upgrades, vehicle refreshes, software/technology issues, and changing vehicles.T4L Subscription Model vs Leasing\u0026nbsp;vs BuyingT4L Mission, Vision and SustainabilityFounded in 2020, T4L is a new player in the emerging transportation services sector. Led by a world-class executive management team with a proven track record of profitable growth and success.\u0026nbsp; We are committed to delivering strong returns to our shareholders and\u0026nbsp;incorporating sustainability as a core value within our organization. We believe our commitment to pursuing ESG initiatives can be achieved in parallel with building the long-term interests of our shareholders. The integration of sustainable business practices creates lasting results that benefit all of our stakeholders, including our Member customers, employees, shareholders, investors, and the communities in which we live and operate. Our approach to corporate sustainability is based on the U.N. Sustainable Development Goals and our commitment to achieving a more sustainable future. T4L Goal200,000 electric vehicles under subscription including consumer, commercial and government fleet.Why Invest In T4L?You're a supporter of T4L's mission and want to be a part of the journey with a company that will be a leader in a growing subscription market.You're a close friend, family or acquaintance of one of the T4L Team Members and want to show you believe in them and support their efforts. You want the opportunity to invest in a pre-IPO investment that is in a growing EV and subscription market—good for you and good for the environment.\u0026nbsp;You believe in the T4L management team’s past success and their passion to grow the T4L impact investment.\u0026nbsp;You're an EV Tesla enthusiast\u0026nbsp;and have been wanting to drive one for its performance and positive environmental impact, now T4L gives you access with its\u0026nbsp;all-inclusive enjoyable, flexible\u0026nbsp;Tesla EV subscription.Plus, many great perks await\u0026nbsp;you depending on the level of your investment such as:\u0026nbsp;1,000 miles of EV charging ($100 Value**)T4L Charter Social Membership ($100 Value)T4L Hat \u0026amp; Shirt \u0026amp; Pen \u0026amp; Screen Cleaning Pad ($100 Value)Subscription ​Referral Perk Code\u0026nbsp;($100 Value***)All Membership and Subscription Qualification Fees Waived (Up To\u0026nbsp;$400 Value)And many more...\u0026nbsp;Progress to DateT4L INC was incorporated in the State of Delaware in September 2020.Accomplishments since T4L's inception:Built Subscription and Vehicle Configuration AppsEstablished Membership Subscription Models, Software, Services, and ContractsBuilt a Fleet Relationship with Tesla, VW, Nissan, and Lucid Motors CompaniesStarted marketing and selling with first orders lining up for November 2020Built Membership Services Team, Marketing and Sales Team, Commercial Fleet TeamEstablish business relationships with top 4 insurance companiesConsolidating EV Charging, Maintenance, Roadside Support into one accessible model supported by thousands of providers nationwide RevenueFirst revenue expected in November 2020.\u0026nbsp; Marketing and sales efforts are steadily increasing across all media channels.\u0026nbsp; Back office\u0026nbsp;software, custom subscription and configuration\u0026nbsp;apps, and contract agreements in place.\u0026nbsp; Over 60 potential new member/subscribers in our qualified lead list waiting on our release of vehicles.\u0026nbsp; First deliveries expected to begin in January 2021. These projections cannot be guaranteed.Market ReadinessConsumer focused subscription plans are being marketed across various media channels including blogs, articles, press releases, social media and interviews.Finalizing new subscription plans for the following audiences:Commercial Fleet SubscriptionsGovernment Fleet SubscriptionsRide Sharing Fleet SubscriptionsA Flex Subscription For Short Term UseSubscription InformationFor additional information about T4L Membership Subscription visit our website:\u0026nbsp;https://www.t4l.me/References:* The Market -\u0026nbsp;https://www.technavio.com/report/automotive-subscription-services-market-size-industry-analysis** All currencies are based on USD.***\u0026nbsp;For each new person you refer and they become a T4L member and obtain a subscription, you receive one of the following:\u0026nbsp;1,000 miles of charging, $100 cash or equivalent, or $100 credit towards your T4L subscription.T4L was created by Gravitas Infinitum as one of its \"Planet Plan\" Companies, focused on \"Hot Planet Repair\" and being the best corporate citizen in the world.","location":"Naples, FL","website":"https://t4l.me","total_amount_raised":198886,"total_investors":337,"is_funded":true,"is_active":true,"quality_score":4,"related_urls":["https://wefunder.com/t4l","https://t4l.me"]},"media":{"share_image_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/70386/xxl_cropped_T4L_WeFunder_Cover.jpg","logo_url":"https://uploads.wefunder.com/uploads/company/logo/70386/large_cropped_T4L_Logo.png","header_media_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/70386/standard_cropped_T4L_WeFunder_Cover.jpg","cover_photo_url":"https://uploads.wefunder.com/uploads/company/header_media_photo/70386/standard_cropped_T4L_WeFunder_Cover.jpg","profile_video_url":"https://wefunder.wistia.com/medias/ks9a96ip7s"},"links":{"company_url":"https://t4l.me","twitter_url":"http://twitter.com/t4lme","facebook_url":"https://www.facebook.com/T4LMe/","instagram_url":"https://www.instagram.com/t4lme/"},"highlights":[],"quick_facts":[{"index":1,"claim_id":"claim-fact-1","value":"Car Subscriptions are expanding by $9.15 Billion with a projected 63% CAGR by 2024"},{"index":2,"claim_id":"claim-fact-2","value":"Proven Team: Over $3B in Previous Business Deals"},{"index":3,"claim_id":"claim-fact-3","value":"CEO Earned 2000 Smithsonian Computerworld Award for “Innovation in the IT World”"},{"index":4,"claim_id":"claim-fact-4","value":"Strategic Partnerships With Leading Insurance Company, Finance and EV Manufacturers"},{"index":5,"claim_id":"claim-fact-5","value":"Proprietary Tech: Improves Overall Membership Experience and Tailored Ads For Additional Revenues"},{"index":6,"claim_id":"claim-fact-6","value":"Pre-IPO Discount"},{"index":7,"claim_id":"claim-fact-7","value":"400%+ Month Over Month Social Media Organic Growth"}],"team":[{"id":1172054,"entity_id":"wefunder:company_role:1172054","user_entity_id":"wefunder:user:1128048","role":"founder","name":"Allen Witters","title":"CEO","bio":"Multiple high-growth companies, IPO's and exits. 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responsibilities","avatar_url":"https://uploads.wefunder.com/uploads/company_role/custom_photo/1172133/square_cropped_Cory_and_Nugget_Witters_-_Best.jpg?1697235981","linkedin_url":"https://www.linkedin.com/in/cory-witters-6a94171b6/","related_urls":[]}],"featured_investors":[{"id":5112,"entity_id":"wefunder:company_investor_profile:5112","investor_profile_id":697887,"investor_profile_entity_id":"wefunder:investor_profile:697887","subject_entity_id":"wefunder:user:1159167","name":"Melissa Wilson","bio":"Always passionate about the global economy, capital markets, demographic trends and anything financial or investment related.","avatar_url":"http://uploads.wefunder.com/uploads/user/avatar/1159167/medium_cropped_Melissa.jpg","profile_url":"https://wefunder.com/melissawilson","investment_total":20000,"investment_info":"Invested $20,000 this round","is_lead_investor":true,"related_urls":["https://wefunder.com/melissawilson"]}],"investor_memos":[],"tab_counts":{"posts":20,"ask_questions":27,"featured_investors":1,"faq_entries":5},"active_fundraises":[{"id":37881,"entity_id":"wefunder:fundraise:37881","state":"successful","offering_type":"4(a)(6)","funding_type":"note","structure":"safe","security_type":"equity","currency":"USD","testing_the_waters":false,"min_purchase":100,"max_purchase":9,"funding_target":50000.0,"funding_started_at":"2020-11-10T14:53:58Z","funding_closed_at":"2021-05-01T05:05:06Z","auto_close_at":"2021-05-01T03:59:59Z"}],"latest_fundraise":{"id":37881,"entity_id":"wefunder:fundraise:37881","state":"successful","offering_type":"4(a)(6)","structure":"safe","testing_the_waters":false,"can_invest_now":false,"funding_started_at":"2020-11-10T14:53:58Z","funding_closed_at":"2021-05-01T05:05:06Z","terms":{"eb":null,"nb":"$7M","txt":"valuation cap"}},"recent_posts":[{"id":151904,"entity_id":"wefunder:feed_item:151904","type":"FeedItem::Update","visibility":"public","title":"A lot of progress","preview":"We have put over $2,000,000 in cars on the road and they are all generating revenues.\u0026nbsp;We just placed a forecast for 193 cars with Tesla for the next 90-180 days.We are in the process of preparing for an IPO, and if anyone wants to come in prior to IPO please contact us.","published_at":"2022-01-10T18:44:46Z","author_name":"Allen Witters","url":"/feed/151904","canonical_url":"https://wefunder.com/feed/151904"},{"id":147734,"entity_id":"wefunder:feed_item:147734","type":"FeedItem::Update","visibility":"public","title":"10% Bonus Shares","preview":"We launched our second crowdfunding offering on https://startengine.com/t4l if you invest in the next 18 hours you receive 10% bonus shares.","published_at":"2021-08-16T20:07:55Z","author_name":"Allen Witters","url":"/feed/147734","canonical_url":"https://wefunder.com/feed/147734"},{"id":147664,"entity_id":"wefunder:feed_item:147664","type":"FeedItem::Update","visibility":"public","title":"Start Engine Round","preview":"I invite all of our shareholders to join in the Start Engine round we just launched today.We went from $7mm valuation CAP to a $42mm valuation!We are into our third month of revenues, and they are growing fast, we have about $100k MRR in the delivery pipeline after 3 months of taking orders!Please visit https://startengine.com/t4l to see our progress and please invest.The next 24 hours we have some really cool bonuses, so get in early!Minimum investment is $210The current round is for $336k a...","published_at":"2021-08-13T21:42:07Z","author_name":"Allen Witters","url":"/feed/147664","canonical_url":"https://wefunder.com/feed/147664"},{"id":145149,"entity_id":"wefunder:feed_item:145149","type":"FeedItem::Update","visibility":"public","title":"On Clubhouse Tonight","preview":"Please vote us a Thumbs Up\u0026nbsp;https://stonks.com/hunt?startup=T4L","published_at":"2021-05-19T20:06:18Z","author_name":"Allen Witters","url":"/feed/145149","canonical_url":"https://wefunder.com/feed/145149"},{"id":144894,"entity_id":"wefunder:feed_item:144894","type":"FeedItem::Update","visibility":"public","title":"Revenues hitting bank","preview":"We started accepting payments last week, and saw 1st revenues hit the bank.... we are no longer pre-revenue!","published_at":"2021-05-13T18:59:26Z","author_name":"Allen Witters","url":"/feed/144894","canonical_url":"https://wefunder.com/feed/144894"},{"id":144589,"entity_id":"wefunder:feed_item:144589","type":"FeedItem::Update","visibility":"public","title":"Next Round","preview":"We signed with StartEngine last night, get ready for Mr. Wonderful to feature T4L.We will be launching our second Crowdfunding round for $5mm over the next few weeks.Expect a higher valuation, more sales, and more news.","published_at":"2021-05-01T01:35:12Z","author_name":"Allen Witters","url":"/feed/144589","canonical_url":"https://wefunder.com/feed/144589"},{"id":144446,"entity_id":"wefunder:feed_item:144446","type":"FeedItem::Update","visibility":"public","title":"Next Raise on its way","preview":"Well, we are closing off Wefunder tomorrow, and a new chapter is started.We have been accepted at StartEngine for a $5mm Convertible debt offering, we will be repricing the value of the company, signing the StartEngine docs later today.If you would like to see an interesting comparison company Facedrive in Canada is public and valued at $976,000,000 with $985,000 in revenue.T4L has about 2 times the revenue booked that Facedrive has, we are considering pricing at $30mm-$50mm valuation, would ...","published_at":"2021-04-29T13:21:38Z","author_name":"Allen Witters","url":"/feed/144446","canonical_url":"https://wefunder.com/feed/144446"},{"id":143949,"entity_id":"wefunder:feed_item:143949","type":"FeedItem::Update","visibility":"public","title":"SA Capital Partners Engaged","preview":"Last week we engaged SA Capital Partners to extend our CAPEX funding blocks.\u0026nbsp; They will be bringing additional secured debt fleet funding to T4L.","published_at":"2021-04-17T17:54:38Z","author_name":"Allen Witters","url":"/feed/143949","canonical_url":"https://wefunder.com/feed/143949"},{"id":143908,"entity_id":"wefunder:feed_item:143908","type":"FeedItem::Update","visibility":"public","title":"Newchip Accelerator Induction","preview":"The T4L team did a great job getting inducted into the Newchip Accelerator.\u0026nbsp; We received a $30k sponsorship, and have attended our first cohort.\u0026nbsp; Newchip is one of the premiere accelerators.\u0026nbsp; They really like T4L and said this is going to be big, \"like nitro-glycerin\".\u0026nbsp; Newchip will be bringing investors, and we now have access to $750k in various resources from their partners.\u0026nbsp; Good Job Team!","published_at":"2021-04-16T13:24:02Z","author_name":"Allen Witters","url":"/feed/143908","canonical_url":"https://wefunder.com/feed/143908"},{"id":143845,"entity_id":"wefunder:feed_item:143845","type":"FeedItem::Update","visibility":"public","title":"Valuations on the rise","preview":"I\u0026nbsp;just received this from a Pitchbook analyst, thought I would share with investors.We are in the Mobility, Transportation as a Service, or \"Cars in the Cloud\" market....\u0026nbsp;","published_at":"2021-04-14T17:33:40Z","author_name":"Allen Witters","url":"/feed/143845","canonical_url":"https://wefunder.com/feed/143845"},{"id":142905,"entity_id":"wefunder:feed_item:142905","type":"FeedItem::Update","visibility":"public","title":"Accepting Orders Now!","preview":"The revenue is starting, we are converting our preorders to signed orders.\u0026nbsp; We are on a 3-23 week delivery cycle on cars, and have RFQs out to both of our EV partners Tesla and Nissan.For those of you interested I\u0026nbsp;have attached a simple workflow diagram:","published_at":"2021-04-02T00:26:47Z","author_name":"Allen Witters","url":"/feed/142905","canonical_url":"https://wefunder.com/feed/142905"},{"id":142903,"entity_id":"wefunder:feed_item:142903","type":"FeedItem::Update","visibility":"public","title":"Show me the Money!","preview":"We are now processing about $3mm in pre-orders, to set everyone's expectations we expect March to be our first revenue month!We are also going to have a lot of work out in front of us, due to the amount of leads we are receiving....OMG 4-5 qualified leads per day.\u0026nbsp;Any help is appreciated tell your friends about T4L, we want to get to $1mm from our meager goal of $50k.","published_at":"2021-03-18T20:47:36Z","author_name":"Allen Witters","url":"/feed/142903","canonical_url":"https://wefunder.com/feed/142903"},{"id":142327,"entity_id":"wefunder:feed_item:142327","type":"FeedItem::Update","visibility":"public","title":"Signed $10,000,000 LOI for Fleet Funding","preview":"This has bee a great week!\u0026nbsp; We have signed an LOI for $10,000,000 for Fleet Funding. This will allow us to put around 200-250 vehicles into subscription.\u0026nbsp; I will provide more details as we go through underwriting.\u0026nbsp; This is really huge and will drive up to $175,000 in monthly revenue when deployed.\u0026nbsp;","published_at":"2021-02-27T02:40:54Z","author_name":"Allen Witters","url":"/feed/142327","canonical_url":"https://wefunder.com/feed/142327"},{"id":142157,"entity_id":"wefunder:feed_item:142157","type":"FeedItem::Update","visibility":"public","title":"Why we are the best for transportation ever!","preview":"Why we are the best for transportation ever!","published_at":"2021-02-21T21:56:06Z","author_name":"Allen Witters","url":"/feed/142157","canonical_url":"https://wefunder.com/feed/142157"},{"id":142122,"entity_id":"wefunder:feed_item:142122","type":"FeedItem::Update","visibility":"public","title":"Fleet Funding coming together","preview":"Our Fleet funding is coming together we have received 2 Letters of Intent (LOIs) to fund up to the 1st $10mm in T4L Fleet vehicles.\u0026nbsp; We expect 2-3 more from lenders next week.\u0026nbsp; We will probably choose 2 out of the 4-6 in the running to have the 1st $10mm-$20mm in vehicles fully financed for our subscribers.We are open to discussion with additional lenders if any of our investors or followers know anyone interested in fully secured CAPEX financing.This allows us to fully deploy the r...","published_at":"2021-02-19T21:50:39Z","author_name":"Allen Witters","url":"/feed/142122","canonical_url":"https://wefunder.com/feed/142122"},{"id":141652,"entity_id":"wefunder:feed_item:141652","type":"FeedItem::Update","visibility":"public","title":"Flood of Pre-Orders","preview":"WOW!\u0026nbsp; WOW!\u0026nbsp; We knew we had a good formula for our business.\u0026nbsp; As CEO I\u0026nbsp;am amazed how well the team put together everything.\u0026nbsp; We started taking pre-orders, this week we have in the pipeline the following:Commercial B2B Deals2 Executive Team Fleets - total of 20-25 Tesla Vehicles2 Sales Team Fleets - 10 Nissan Vehicles1 Request for a Porsche TaycanConsumer Deals40+ Consumer Subscriptions in the pipelineWhat does this mean?We will start taking depositsDoing credit and dri...","published_at":"2021-02-02T21:06:46Z","author_name":"Allen Witters","url":"/feed/141652","canonical_url":"https://wefunder.com/feed/141652"},{"id":141554,"entity_id":"wefunder:feed_item:141554","type":"FeedItem::Update","visibility":"public","title":"Business Update - Great News","preview":"We have been in discussions with our bank, and we will have a\u0026nbsp;business line of credit available, this will smooth out EV acquisition cash-flows.\u0026nbsp;\u0026nbsp;","published_at":"2021-01-30T04:40:24Z","author_name":"Allen Witters","url":"/feed/141554","canonical_url":"https://wefunder.com/feed/141554"},{"id":140628,"entity_id":"wefunder:feed_item:140628","type":"FeedItem::Update","visibility":"public","title":"One of our cool videos","preview":"One of our cool videos","published_at":"2021-01-15T05:13:59Z","author_name":"Allen Witters","url":"/feed/140628","canonical_url":"https://wefunder.com/feed/140628"},{"id":139955,"entity_id":"wefunder:feed_item:139955","type":"FeedItem::Update","visibility":"public","title":"Comments from Investors","preview":"I want to thank all of our investors going into 2021.\u0026nbsp;\u0026nbsp;I believe we will find 2020 as a year that had a lot of tragedy,\u0026nbsp;controversy, but most importantly, the year that in retrospect will have created amazing opportunities.\u0026nbsp; It is a major turning point in Electric Vehicle adoption at all levels, a major turning point for climate awareness and correction of issues like Plastic Waste and how we have exposed the atmosphere to\u0026nbsp;too much Carbon. With each subscription T4L p...","published_at":"2021-01-01T12:39:01Z","author_name":"Allen Witters","url":"/feed/139955","canonical_url":"https://wefunder.com/feed/139955"},{"id":137853,"entity_id":"wefunder:feed_item:137853","type":"FeedItem::Update","visibility":"public","title":"Nissan Leaf A+","preview":"We received our fleet test vehicle from Nissan on Monday.\u0026nbsp; It is one of the most pleasant cars to drive.\u0026nbsp; Regen braking, pilot assist, great car for running errands.","published_at":"2020-12-04T20:33:14Z","author_name":"Allen Witters","url":"/feed/137853","canonical_url":"https://wefunder.com/feed/137853"}],"q_and_a":[{"id":121370,"entity_id":"wefunder:comment:121370","question":"What is the cost of the membership","author_name":"Lanier A Jones","votes":3,"created_at":"2020-12-25T17:01:42Z","canonical_url":"https://wefunder.com/t4l#question-121370","answers":[{"id":121371,"entity_id":"wefunder:comment:121371","answer":"Hi Lanier, The T4L Membership is free. The subscription pricing to an electric vehicle such as Tesla or Nissan Leaf depends on the EV selected, the configuration and subscription options such as annual mileage, number of drivers and additional insurance coverage. In the near future, we will be releasing the subscriptionator, which is our calculator to determine the subscription pricing. Feel free to fill out the form on our website www.t4l.me and we'll get a discovery call scheduled to go into more details. All The Best, Luis","author_name":"Luis Camarena","votes":2,"created_at":"2020-12-25T17:11:07Z"}]},{"id":121278,"entity_id":"wefunder:comment:121278","question":"This is a great concept that definitely has the potential to be the Netflix of transportation. With this also comes pure dedication and hard work. I see few of the founding members on multiple ventures at the same time. So my questions are: 1. How many full time staffs you have and how much is your direct involvement with this? 2. How much has the team invested in this? 3. What is your fleet size now and probable fleet size for the next 3-4 years? 4. What is your business growth plan within United States? 5. With Covid around (probable near future), how do you make sure that the fleets are clean and safe for riders?","author_name":"Sushanta Das","votes":3,"created_at":"2020-12-24T23:34:38Z","canonical_url":"https://wefunder.com/t4l#question-121278","answers":[{"id":121282,"entity_id":"wefunder:comment:121282","answer":"Sushanta, thank you for your questions.\u0026nbsp;1. There are nine of us working on T4L, with a few part-timers.\u0026nbsp; The whole management team has direct involvement, and has our 7x24 attention.2. We have invested ~$350k and expect to continue to make investments as required.3. We have a backlog in sales of 40-60 qualified leads, we will be delivering first vehicles in January-February according to manufacture delivery schedules. We will start fairly small in 2021 as we establish in the top markets, estimates are a few thousand vehicles in 2021. Then ramping to around 50,000+ in 3-4 years.4. A couple of key milestones for us is hitting the 1,000 vehicle fleet size, at that time we can securitize our fleet with a tier 1 bank, in the interim we are utilizing secured financing from various lenders and the manufactures. Once we go through a couple of securitization rounds we will exponentially start scaling, we feel that 250,000 vehicles is obtainable in 5-6 years in the USA. (This is a forward looking statement)\u0026nbsp; We are planning for late 2021 to build our T4L EV Experience Centers, which are Fleet Depots, Charging stations, Service stations, and subscription show-rooms.5. All vehicles are sanitized prior to delivery to members.\u0026nbsp;\u0026nbsp;Any additional questions feel free to email me at alw@t4l.me​","author_name":"Allen Witters","votes":3,"created_at":"2020-12-24T23:55:03Z"}]},{"id":121252,"entity_id":"wefunder:comment:121252","question":"Do you have a website?","author_name":"Hiren Patel","votes":3,"created_at":"2020-12-24T21:13:45Z","canonical_url":"https://wefunder.com/t4l#question-121252","answers":[{"id":121255,"entity_id":"wefunder:comment:121255","answer":"Hiren, you can go to https://www.t4l.me that is our website, and if you have any questions email me at alw@t4l.me​","author_name":"Allen Witters","votes":1,"created_at":"2020-12-24T21:29:16Z"}]},{"id":120064,"entity_id":"wefunder:comment:120064","question":"How much is a subscription cost per month","author_name":"David TREIBITZ","votes":3,"created_at":"2020-12-18T13:12:32Z","canonical_url":"https://wefunder.com/t4l#question-120064","answers":[{"id":120066,"entity_id":"wefunder:comment:120066","answer":"David, it is completely dependent on the make and model of the vehicle, and how much you drive. For comparison our vehicles if you were to purchase them range from $34,000-$140,000.\u0026nbsp; The same vehicles subscribed from T4L\u0026nbsp;with everything included run $450-$2,200 per month.\u0026nbsp; We typically run about 10-15% less, than if you owned the car yourself.Our subscription are all-inclusive include vehicle, insurance, charging, home charging cable, tires, all maintenance and repair, 7x24 concierge service.We are also developing a Flex-Fleet where members can subscribe to a vehicle for a certain number of days and miles over the year.You can contact me anytime at alw@t4l.me​","author_name":"Allen Witters","votes":2,"created_at":"2020-12-18T13:24:37Z"}]},{"id":119978,"entity_id":"wefunder:comment:119978","question":"Hi there, To help me understand, does a membership effectively allow customers to lease EVs month-to-month with a bunch of other benefits? Or does a customer own the car and is adding a subscription on top of that to handle maintenance, care, insurance, etc...? The part I'm having a hard time understanding is who owns the car(s) at the end of the day? Thanks for answering in advance!","author_name":"Steven Alexander Littaua","votes":3,"created_at":"2020-12-17T22:09:12Z","canonical_url":"https://wefunder.com/t4l#question-119978","answers":[{"id":119985,"entity_id":"wefunder:comment:119985","answer":"T4L retains ownership of the vehicle. Similar to how some smartphone providers now bundle hardware and service in one, convenient monthly payment, we do the same with an EV and include all related services and support. Similarly, each successive year, you can upgrade your \"device\" with little or no change to monthly price. At the end of your service term, you simply turn in the \"hardware\" or trade-in for a different vehicle. In the very near future, we will likely have shorter terms for consumers (weekly/monthly subscriptions). Anything shorter (e.g. daily, by-the-hour) will probably be offered via our partnerhsip with third parties such as hotels, resorts, and other destination that make sense. We have digitized all of these business functions and services in what our CEO, Allen Witters, affectionately describes as \"Cars in the Cloud\". Please feel free to email him directly with any additional questions at alw@t4l.me","author_name":"John P. Arciero","votes":3,"created_at":"2020-12-17T22:44:38Z"}]},{"id":114189,"entity_id":"wefunder:comment:114189","question":"I would like to understand a lot more about the go-to-market strategy post-funding. 10% allocation to marketing seems very light, but what are the channels that will be used","author_name":"Elliot A Luchansky","votes":3,"created_at":"2020-11-12T19:44:01Z","canonical_url":"https://wefunder.com/t4l#question-114189","answers":[{"id":114197,"entity_id":"wefunder:comment:114197","answer":"T4L is using a repurposing marketing strategy in which every type of content we use is repurposed and shared across various media outlets. This is a very organic growth strategy. The reason for this type of strategy is because the Car Subscription business model is only about 5 years young. It is still in the education/awareness stage. For example, T4L's Facebook page https://www.facebook.com/T4LMe has organically grown to over 2,000 followers since it's launch on September 11, 2020. Social media, videos, podcasts, interviews, news media outlets, articles, blogs, T4L referral program, influencers, online/offline ads, press releases, Word of Mouth, strategic partnerships, and some offline tactics are being used as part of the overall marketing efforts. Our Member Service Specialists are selling through support channel. In addition, we have our EV-Angelists program which helps drive the T4L Membership Subscription network. The T4L Fleet program will bring in multiple vehicle subscriptions as we continue to partner with OEMs/vehicle manufacturers to supply the increasing demand from businesses and various organizations for Electric Vehicles. I invite you and other investors to request a call with our T4L Management team to go into more specific questions and details. Simply email me at luis@t4l.me and I'll get a call scheduled. Interesting Insight - Tesla has a $0 advertising budget https://www.forbes.com/sites/johnkoetsier/2019/05/06/tesla-spends-zero-on-ads-heres-where-bmw-toyota-ford-and-porsche-spend-digital-ad-dollars/?sh=3d96e83211d4","author_name":"Luis Camarena","votes":2,"created_at":"2020-11-12T20:29:30Z"}]},{"id":138204,"entity_id":"wefunder:comment:138204","question":"I hope you are offering the shares I'm company and the offer is not debit note. Why I am asking as same is not mentioned anywhere. Request you to please share the price per share. Also how much you are raising in this round and how much already raised?","author_name":"Ashutosh Goyal","votes":2,"created_at":"2021-03-28T01:56:11Z","canonical_url":"https://wefunder.com/t4l#question-138204","answers":[{"id":139426,"entity_id":"wefunder:comment:139426","answer":"This is a SAFE for equity, priced at the next round. We have raised around $900k prior to wefunder campaign","author_name":"Allen Witters","votes":0,"created_at":"2021-04-02T00:18:10Z"}]},{"id":132381,"entity_id":"wefunder:comment:132381","question":"Як нараховується дохід інвестору?","author_name":"Oleg Bubnyak","votes":2,"created_at":"2021-02-25T16:46:25Z","canonical_url":"https://wefunder.com/t4l#question-132381","answers":[{"id":132695,"entity_id":"wefunder:comment:132695","answer":"Investor income will be determined by the Board for dividends, and will be determined by the market when we exit, or take the Company public. We are now starting that planning for an IPO in the future.","author_name":"Allen Witters","votes":0,"created_at":"2021-02-27T02:29:14Z"}]},{"id":128160,"entity_id":"wefunder:comment:128160","question":"Please explain pre-ipo discount. I love the concept but how will this help investors financially? Will this investment buy shares of the company?","author_name":"Willona Torres","votes":2,"created_at":"2021-02-02T18:54:40Z","canonical_url":"https://wefunder.com/t4l#question-128160","answers":[{"id":128189,"entity_id":"wefunder:comment:128189","answer":"Willona, thank you for the question. This offering gives the right to purchase shares, they have a couple of things going a 20% discount, and a valuation cap, which can act like an additional discount if the business has a runaway high valuation when we do the next offering, that is where you stocks are valued, and discounted. We are hoping that to be a Reg A+ Tier 2 Public offering. Feel free to contact me directly anytime at alw@t4l.me","author_name":"Allen Witters","votes":1,"created_at":"2021-02-02T20:13:55Z"}]},{"id":126400,"entity_id":"wefunder:comment:126400","question":"I am an investor but was not able to participate in the webinar. You said you were recording it. How can I access it? Thank you.","author_name":"Mike Mathioudakis","votes":2,"created_at":"2021-01-25T00:13:44Z","canonical_url":"https://wefunder.com/t4l#question-126400","answers":[{"id":126792,"entity_id":"wefunder:comment:126792","answer":"Hi Mike, Thank you for being an investor. Here is the link to the recording of the webinar: https://gravitasinfinitum.zoom.us/rec/share/ivH74v8MyJ5xtsB9fTnVG9ktguC2BUfcize3MiVISxWEXi_VIe2z4DBG4sePuo4Z.vVrtK1fnNvelFVX0 All The Best.","author_name":"Luis Camarena","votes":0,"created_at":"2021-01-27T17:56:42Z"}]},{"id":121259,"entity_id":"wefunder:comment:121259","question":"Great concept!!! Couple of questions. 1) How would you compete with traditional car dealerships who might start offering similar service instead or in addition to lease service they currently do? They have all the structure in place to provide car services including maintenance (may be missing piece could be your software platform \"Cars in the Cloud\"). 2) What is the minimum number of months you have to subscribe the service and are there any hidden or small foot prints that turns into liability for the Customer?","author_name":"Girish Amin","votes":2,"created_at":"2020-12-24T21:38:37Z","canonical_url":"https://wefunder.com/t4l#question-121259","answers":[{"id":121261,"entity_id":"wefunder:comment:121261","answer":"Girish, thank you for your questions.1) So they are missing a few items, one is great service, auto dealers tend to be rip-offs, and poor on service.\u0026nbsp; They have a lot of service bays which is great for gas powered cars because of complexity, but with electrics running 300-400k miles with only tires, wipers and twelve volt battery replacements they cannot make any money on those.\u0026nbsp; This is why 150 Cadillac dealer opted out of electrics.\u0026nbsp; The car ownership model is reapidly being replaced with Car Usership, the convenience of client first services, our software that makes it easy, and that we handle everything puts out in front of 99% of the dealers.\u0026nbsp; Also dealers would have to buy a fleet, they are not setup to do that.2) We have a couple of different subscription approaches, first is our perpetual subscription and it is targeted for our members to use the same car for two years, you can swap at anytime or terminate at anytime for a small fee, second we have our Flex-Plan which allows a member to have a car for a number of days and number of miles 1-365 days, and 100-15,000 miles.\u0026nbsp; We are finishing up policies that allow our members to mix-in-match these programs and actually reduce their subscription charge by allowing the car into the Flex-Fleet.\u0026nbsp; This works well with snow-birds and traveling retirees.\u0026nbsp; Finally we have tried to reduce all the \"Brain-Damage of owning a car, and even have a few extra services like charging included, and if you have tolls and or tickets we will handle paying them and they will show up on your next months bill.","author_name":"Allen Witters","votes":2,"created_at":"2020-12-24T21:56:45Z"}]},{"id":116777,"entity_id":"wefunder:comment:116777","question":"seems interesting. to piggyback off of somebody elses point. do you have a technology or something that is known just to you. cause if not other companies can either acquire you which is good for investors, not want to compete or just simply let you test the market and like mr wonderful says on shark tank,\"crush you like a cockroach\"lol they have deep pockets","author_name":"John Webster","votes":2,"created_at":"2020-12-01T21:45:48Z","canonical_url":"https://wefunder.com/t4l#question-116777","answers":[{"id":116783,"entity_id":"wefunder:comment:116783","answer":"John, great question we do have proprietary technology, we have analyzed the 20-30 other companies that are doing subscription models of all flavors.\u0026nbsp; And, we have several advantages, some I can discuss here, or if you want to go under NDA we can go into further.\u0026nbsp; The team has successfully started, grown and operated similar CAPEX to Utility services models in large scale, and part of that proprietary technology has to do with services, membership, and ease of use.\u0026nbsp; Think of our business model as \"Cars in the Cloud\", where all the details are handled similar to how Amazon offers AWS services.\u0026nbsp; We have digitized this in our cloud based software that is focused on Members First, Services, and utilizes a mileage based actuarial model that is margin based.\u0026nbsp; Feel free to email me Allen Witters, CEO alw@t4l.me with any additional questions.​","author_name":"Allen Witters","votes":2,"created_at":"2020-12-01T21:57:56Z"}]},{"id":116363,"entity_id":"wefunder:comment:116363","question":"Hi there: I am interested to invest. Have couple of questions- 1. Let's say Tesla itself started similar as T4L. How do you compete? 2. From the revenue projection, does it mean company will not be profitable after 10 years? Am I missing anything? 3. How is the plan to implement logistics across all the states? 4. Though it is early for TaaS, do you guys thought about it so no business impact or take advantage of TaaS for more revenue steam?","author_name":"Badal Haider","votes":2,"created_at":"2020-11-29T06:12:28Z","canonical_url":"https://wefunder.com/t4l#question-116363","answers":[{"id":116365,"entity_id":"wefunder:comment:116365","answer":"Mohammad,\u0026nbsp;Thank you for your questions. Please read on for some answers.\u0026nbsp;1. We are working directly with Tesla. We actually do not see them getting into this business based on the way they are structured. However, just so you are aware while we only are starting out with Tesla we do expect to add Nissan and VW electric vehicle options by the middle of next year. We expect to add others late in the year and into 2022 to diversify our fleet.\u0026nbsp;2. No we will remain profitable long term. There are a few years where we project that a large number of vehicles from our fleet will need refurbished and put back out on the road. Instead of capitalizing this cost we expensed the cost for purposes of Net Income and projections. With regards to cash, this is part of our reserve process from the first payment received by members and is accounted for in the full model. The site only allows us to provide some data. I\u0026nbsp;will leave you with my direct contact information at the end of these questions and would like to connect on a call and direct email. I will send you the full projections with the book of assumptions as well.\u0026nbsp;3. We are starting in Florida and a list of 10 top cities we have identified. Each with multiple Tesla service centers. We have a full customer plan for roll out including are Arc Angels and EV-angilist programs for these cities when orders are received. I can get you set up on a call with our COO and team responsible for this process.\u0026nbsp;4. I\u0026nbsp;need some more clarification on your question. In short we see TaaS as a disruptor to the market and where most people and businesses will move starting now and into the future. Taking out the pain of getting a vehicle. We see a few other revenue stream benefits as you suggest. Those we would like to discuss on a call or meeting. Please contact me at the information provided below.\u0026nbsp;Jason Gabauer, CFO321-292-1085CFO@t4l.me ​","author_name":"Jason Gabauer","votes":2,"created_at":"2020-11-29T06:36:20Z"}]},{"id":116232,"entity_id":"wefunder:comment:116232","question":"Hi. I have a few questions if you don't mind: 1) Are you going to offer only Teslas? 2) What are the available subscription terms and prices? 3) Will older models be cheaper? I assume customers prefer newer vehicles but you can't discard the older ones... 4) The Subscription Model X Leasing X Buying charts are way too small, impossible to read. Can you make them bigger? 5) The forward looking figures chart is confusing and vague. Why does it show negative net income in years 7, 14 and 16 and zero in years 18, 19 and 20? 6? Can you give me a breakdown of your revenue goals for the 1st 5 years once you start generating income? Hard to tell from the chart... Thanks.","author_name":"Leonardo Lee","votes":2,"created_at":"2020-11-27T21:32:14Z","canonical_url":"https://wefunder.com/t4l#question-116232","answers":[{"id":116237,"entity_id":"wefunder:comment:116237","answer":"Leonardo, thank you for your questions. Let me do my best to answer and provide you with my detailed contact information as well.\u0026nbsp;1. At this time we are offering Telsa, we expect to add other companies in the next 3 to 6 months. The expectation is that Nissan and VW are next.\u0026nbsp;2. Terms vary depending on the selection. Our team can set up a call for you to understand more. We have MINIMUM millage for each subscription starting at 5K miles. Vehicle monthly payments range as low as $600 for a Standard Model 3 to around $2K per month for a fully loaded Model X with self drive. The list price on the Model X is $132K.\u0026nbsp;3. Yes, in our detailed model (we can provide to you) there is a 15% assumed reduction in pricing when a car is recycled out. That is was we modeled but expect the benefit to land less than this. We used this for model purposes to help stress the model.4. On this site we are limited on size. We can provide you full details on the information. Please see my email and phone number at the end of these answers. We can get in contact and I\u0026nbsp;can provide you much more detailed information than we can provide on a WeFunder Site.\u0026nbsp;5. Fantastic question. Those are years were we expect to have to refurbish a large portion of the fleet. We maxed out the price on what it would take to refurbish the vehicles. There will be cost/benefit calculations during those periods as well. If we find that there is more benefit to scrapping the vehicle for parts than putting back on the street then we will do that and then add to the fleet with newer models. Much of the actual verses assumptions depends on what the technology looks like in 7 to 15 years out.\u0026nbsp;6. I will send you a full 20 year look at the master operating goals with a full book detailing all of the assumptions.\u0026nbsp;My direct information is as follows:Jason Gabauer, CFOPhone: 321-292-1085Email: CFO@t4l.me​\u0026nbsp;I\u0026nbsp;hope this helps and look forward to speaking with you.\u0026nbsp;","author_name":"Jason Gabauer","votes":2,"created_at":"2020-11-27T21:56:11Z"}]},{"id":259325,"entity_id":"wefunder:comment:259325","question":"It’s time to let the world know about your company’s ev making live on stock market.","author_name":"Paul Voss","votes":1,"created_at":"2023-08-22T12:31:38Z","canonical_url":"https://wefunder.com/t4l#question-259325","answers":[]},{"id":259323,"entity_id":"wefunder:comment:259323","question":"When is t4l going publicly it’s been over a year since I invested in the company and it’s been a long wait.","author_name":"Paul Voss","votes":1,"created_at":"2023-08-22T12:24:29Z","canonical_url":"https://wefunder.com/t4l#question-259323","answers":[]},{"id":163519,"entity_id":"wefunder:comment:163519","question":"When will the certificate for shares be issued?","author_name":"Nubar Voskanyan","votes":1,"created_at":"2021-08-15T02:54:46Z","canonical_url":"https://wefunder.com/t4l#question-163519","answers":[{"id":163751,"entity_id":"wefunder:comment:163751","answer":"When the SAFE contract converts at the startengine.com/t4l closing","author_name":"Allen Witters","votes":0,"created_at":"2021-08-16T20:06:17Z"}]},{"id":128263,"entity_id":"wefunder:comment:128263","question":"Do you intend to pay a dividend (post-SAFE conversion)?","author_name":"Craig J. Vom Lehn","votes":1,"created_at":"2021-02-02T22:13:35Z","canonical_url":"https://wefunder.com/t4l#question-128263","answers":[{"id":128297,"entity_id":"wefunder:comment:128297","answer":"Hi Craig, At some point in the future that is a goal of the firm. However, at this stage we have not determined timing.","author_name":"Jason Gabauer","votes":0,"created_at":"2021-02-02T23:29:15Z"}]},{"id":123229,"entity_id":"wefunder:comment:123229","question":"I believe EV usage growth will require business innovation of the kind you are looking to do but I have a few questions - Who is your initial target customer? A family who is looking for a second or third car or someone who is looking to get the first one? One who is looking to lease or someone who is looking to finance a purchase? Cars are a saturated market and most people already have one so how do you expect to break the inertia and make them change?","author_name":"Rajesh Narayanan Venkatesh","votes":1,"created_at":"2021-01-06T17:16:32Z","canonical_url":"https://wefunder.com/t4l#question-123229","answers":[{"id":123257,"entity_id":"wefunder:comment:123257","answer":"Hi\u0026nbsp;Rajesh, Good question.\u0026nbsp;\u0026nbsp;The EV and Car Subscription Models require education because they are lifestyle changes.\u0026nbsp; Transitioning from Internal Combustion Engine (ICE-Gas Vehicles) to Electric Vehicles is a change that seems to attract the tech minded and those seeking to have a positive environmental impact.\u0026nbsp;\u0026nbsp;Going from Car Ownership/Lease to Car Usership with an All-Inclusive EV Subscription model is a shift that draws those who want the ease of\u0026nbsp;EV car usage with a monthly all inclusive fee and the flexibility to swap vehicles after a period of time.\u0026nbsp;\u0026nbsp; Based on the conversations, emails and other forms of communication we’ve had with people about T4L, we found that many have been looking to drive an electric vehicle, but they are hesitant due to the long commitment required from buying or leasing. As such,\u0026nbsp;T4L has identified these target customers: ConsumerIndividuals/Families that already have been researching a transition to an Electric Vehicle;b. Individuals/Families who already have owned an EV or a Hybrid and are ready to transition to a different EV make/model and that are intrigued by\u0026nbsp;the ease and flexibility of a subscription model;CommercialBusinesses and organizations that want to make a positive impact in their community and environment by driving EVs instead of ICE vehicles;b. Businesses and organizations that, due to the nature of their business, require a fleet of vehicles for which they can\u0026nbsp;lean on T4L for the management of the fleet\u0026nbsp;in order to keep focus on business operations.\u0026nbsp;\u0026nbsp; As T4L rolls out the Flex-Plan option,\u0026nbsp;consumers will have the opportunity\u0026nbsp;to experience the EV lifestyle without long-term ownership or lease\u0026nbsp;commitments. T4L members have the opportunity to subscribe to an EV with the flexibility to swap EV's with a perpetual agreement making and changes easy and efficient.\u0026nbsp;\u0026nbsp; The Flex-Plan will also offer the commercial fleet with the option to rapidly expand their fleet on an as-needed basis during their peak times. T4L has identified other target customers and we will begin marketing and sales campaigns beginning 3rd quarter of 2021. Thank you for your questions.","author_name":"Barb Quasius","votes":0,"created_at":"2021-01-06T19:24:51Z"}]},{"id":122396,"entity_id":"wefunder:comment:122396","question":"Hi T4L, You say \"First revenue expected in November 2020.\" Has that happened? Your Financials section shows that you raised $333,081 in 2020 and spent it all. What was it spent on if you've only been in business for 3 months? Do you have any vehicles in your fleet right now? Won't it take millions of dollars just to purchase the vehicles that you will then loan out? If you have \"Over 60 potential new member/subscribers\" won't that take a minimum of $2.4M assuming the cheapest Tesla vehicle purchase price? How much money do you need to raise to actually start loaning out vehicles? Your service assumes that you are local to the customer since you are including all maintenance and repairs. I see that you are starting somewhere in Florida first. Which and how many cities/locations are you starting with? How long will it take for you to expand this nationwide (or how many cities/regions will you be expanding to in the near future)? Thanks.","author_name":"G. K.","votes":1,"created_at":"2020-12-31T19:14:55Z","canonical_url":"https://wefunder.com/t4l#question-122396","answers":[{"id":122416,"entity_id":"wefunder:comment:122416","answer":"Grant thank you for the questions.We made a decision to push off taking any orders in November until after January, this additional time has allowed use to work through our contracts, insurance, marketing, and launch logistics, including adding Nissan to the fleet.The $333k has been invested by the parent company in people, marketing, formation, insurance, maintenance, member services support systems\u0026nbsp;and software costs, the parent will continue to support the business as needed.First vehicles will start delivery in Q-1 depending on Manufacture timelines.We are working with multiple credit providers for interim fleet funding in the $2mm-$10mm range. We have also organized a future securitization partner in a tier one bank.\u0026nbsp; Some of these creditors may be the manufactures themselves, and our parent company.To start subscriptions we require about $200k, we can bootstrap it for less.We are starting in Florida for Consumer Subscriptions, expanding to top ten MSAs as rapidly as practical.\u0026nbsp; We are also actively selling Commercial Subscriptions for Executive and Sales Fleets, these are nationwide.Feel free to reach out directly at alw@t4l.me​","author_name":"Allen Witters","votes":0,"created_at":"2020-12-31T19:38:23Z"}]},{"id":121335,"entity_id":"wefunder:comment:121335","question":"This appears to be a solid business plan and definitely one to get into at the beginning; however, I do have a question regarding the ROI - are you able to identify what it would be for a minimum investment $100 or $1,000 for comparison? Also, you stated you will start in Florida down South in high tourist areas, will you have a way for people or businesses that rent homes to have a car and allow renters to drive? Or will you have a less than 5k milage option for times of lower tourist traffic? What penvalties for breaking subscription early?","author_name":"Karl Schneider","votes":1,"created_at":"2020-12-25T14:14:57Z","canonical_url":"https://wefunder.com/t4l#question-121335","answers":[{"id":121346,"entity_id":"wefunder:comment:121346","answer":"Karl, thank you for the questions. 1) ROI, This question although simple requires us to make a forward looking statement which is subject to change. We are planning on a Reg A+ Tier 2 offering for second half of 2021, which will allow all investors to have publicly traded shares and decide when they want to get out. That is the point of Valuation of your investment also. If you are in the early-bird group of investors our plan is that this group expectations should be at 3-9x ROI. 2) We are working through our \"Flex-Fleet\" designed for snowbirds and short-use requirements. This program a Member selects amount of time and mileage they want the car for. We expect this program to also be integrated with our perpetual subscriptions. 3)With our perpetual subscriptions they are designed so that the car is used for 2 years prior to free swapping or termination. Early termination and swapping is available for a fee. Fees are anywhere from 1-4 months of subscription payments depending on vehicle.","author_name":"Allen Witters","votes":2,"created_at":"2020-12-25T15:17:53Z"}]},{"id":121317,"entity_id":"wefunder:comment:121317","question":"What's the ROI on this investment and for how long until I get my initial investment cashed out if I invest 1000 dollars?","author_name":"Ebanyi John Ebanyi","votes":1,"created_at":"2020-12-25T10:01:28Z","canonical_url":"https://wefunder.com/t4l#question-121317","answers":[{"id":121345,"entity_id":"wefunder:comment:121345","answer":"Thank you for the ROI Question. This question although simple requires us to make a forward looking statement which is subject to change. We are planning on a Reg A+ Tier 2 offering for second half of 2021, which will allow all investors to have publicly traded shares and decide when they want to get out. That is the point of Valuation of your investment also. If you are in the early-bird group of investors our plan is that this group expectations should be at 3-9x ROI.","author_name":"Allen Witters","votes":2,"created_at":"2020-12-25T15:13:08Z"}]},{"id":294559,"entity_id":"wefunder:comment:294559","question":"Have not heard from this Wefunder failure in over a year plus so lets chalk it up as another Wefunder worthless investment!","author_name":"Jeff Braisted","votes":0,"created_at":"2024-10-21T18:03:07Z","canonical_url":"https://wefunder.com/t4l#question-294559","answers":[]},{"id":281625,"entity_id":"wefunder:comment:281625","question":"Are there any recent updates or has this company went belly up?","author_name":"Juan Jackson","votes":0,"created_at":"2024-04-17T15:29:52Z","canonical_url":"https://wefunder.com/t4l#question-281625","answers":[]},{"id":259324,"entity_id":"wefunder:comment:259324","question":"I’m ready to make some money investing on the stock exchange with t4l publicly.","author_name":"Paul Voss","votes":0,"created_at":"2023-08-22T12:28:33Z","canonical_url":"https://wefunder.com/t4l#question-259324","answers":[]}],"faq":[{"question":"I would like to understand a lot more about the go-to-market strategy post-funding. 10% allocation to marketing seems very light, but what are the channels that will be used","answer":"T4L is using a repurposing marketing strategy in which every type of content we use is repurposed and shared across various media outlets. This is a very organic growth strategy. The reason for this type of strategy is because the Car Subscription business model is only about 5 years young. It is still in the education/awareness stage. For example, T4L's Facebook page https://www.facebook.com/T4LMe has organically grown to over 2,000 followers since it's launch on September 11, 2020. Social m..."},{"question":"Hi. I have a few questions if you don't mind: 1) Are you going to offer only Teslas? 2) What are the available subscription terms and prices? 3) Will older models be cheaper? I assume customers prefer newer vehicles but you can't discard the older ones... 4) The Subscription M...","answer":"Leonardo, thank you for your questions. Let me do my best to answer and provide you with my detailed contact information as well.\u0026nbsp;1. At this time we are offering Telsa, we expect to add other companies in the next 3 to 6 months. The expectation is that Nissan and VW are next.\u0026nbsp;2. Terms vary depending on the selection. Our team can set up a call for you to understand more. We have MINIMUM millage for each subscription starting at 5K miles. Vehicle monthly payments range as low as $600..."},{"question":"Hi there: I am interested to invest. Have couple of questions- 1. Let's say Tesla itself started similar as T4L. How do you compete? 2. From the revenue projection, does it mean company will not be profitable after 10 years? Am I missing anything? 3. How is the plan to impleme...","answer":"Mohammad,\u0026nbsp;Thank you for your questions. Please read on for some answers.\u0026nbsp;1. We are working directly with Tesla. We actually do not see them getting into this business based on the way they are structured. However, just so you are aware while we only are starting out with Tesla we do expect to add Nissan and VW electric vehicle options by the middle of next year. We expect to add others late in the year and into 2022 to diversify our fleet.\u0026nbsp;2. No we will remain profitable long t..."},{"question":"seems interesting. to piggyback off of somebody elses point. do you have a technology or something that is known just to you. cause if not other companies can either acquire you which is good for investors, not want to compete or just simply let you test the market and like mr...","answer":"John, great question we do have proprietary technology, we have analyzed the 20-30 other companies that are doing subscription models of all flavors.\u0026nbsp; And, we have several advantages, some I can discuss here, or if you want to go under NDA we can go into further.\u0026nbsp; The team has successfully started, grown and operated similar CAPEX to Utility services models in large scale, and part of that proprietary technology has to do with services, membership, and ease of use.\u0026nbsp; Think of ou..."},{"question":"Hi there, To help me understand, does a membership effectively allow customers to lease EVs month-to-month with a bunch of other benefits? Or does a customer own the car and is adding a subscription on top of that to handle maintenance, care, insurance, etc...? The part I'm ha...","answer":"T4L retains ownership of the vehicle. Similar to how some smartphone providers now bundle hardware and service in one, convenient monthly payment, we do the same with an EV and include all related services and support. Similarly, each successive year, you can upgrade your \"device\" with little or no change to monthly price. At the end of your service term, you simply turn in the \"hardware\" or trade-in for a different vehicle. In the very near future, we will likely have shorter terms for consu..."}]}}}