Lend to Rollout. Repaid on a defined schedule.
Pioneer Notes are loans to Rollout LLC, not equity. You lend a fixed amount; Rollout repays principal plus interest in monthly installments over a defined term. Three instruments, three time horizons, one clear repayment schedule. The Notes carry no equity, no voting rights, no operational obligation, and no upside above the contracted return.
The three Pioneer instruments
$2,500 minimum
14% APR — 60-month term
Lend Rollout $2,500, paid back $3,490 over 5 years. Monthly payment: $58.17.
Audience: Middle-class locals, small-business owners.
- Indiana residents (Rule 147A) or accredited investors (Rule 506(b))
- Amortizing — equal monthly payments, principal + interest
- Total received: $3,490 over 60 months
$5,000 minimum
17% APR — 84-month term
Lend $5,000, paid back $8,367 over 7 years. Monthly payment: $99.61.
Audience: Long-horizon committed capital.
- Indiana residents (Rule 147A) or accredited investors (Rule 506(b))
- Amortizing — equal monthly payments, principal + interest
- Total received: $8,367 over 84 months
$15,000 minimum
7% fixed APR — 84-month term
$15,000 minimum. 7% fixed APR + distribution-pool share + principal back at maturity.
Audience: Accredited investors wanting company-wide exposure.
- Accredited investors only — Rule 506(b)
- Fixed monthly interest on outstanding principal (paid regardless of company performance)
- RPN holders share Rollout’s Financier-slot distribution pool when distributions occur
- Full principal returned in cash at year 7
Rollout’s baseline reinvestment policy is 100% of net income reinvested into fleet expansion, less only a fixed, tracked founder draw ($5,000/month during Phase 1; $4,500/month during Phase 2). Under that policy, the LLC distributes no cash to equity in early years; net income compounds into the business or flows to the founder draw line. RPN holders’ pool share is structured into the instrument but is conditional on the LLC actually distributing cash, typically beginning in Year 4–5 once the fleet is at scale and reinvestment ROI compresses. RPN economics in early years are driven by the 7% fixed APR; pool share represents incremental upside contingent on reaching the distribution posture.
What every Pioneer gets
- Read-only access to see the specific Cybercab their capital helped finance
- Quarterly founder-update email
- Invitation to annual Pioneer events in Evansville
- Referral bonus for bringing additional Pioneers (paid against principal subscribed by the referred Pioneer; details in the subscription packet)
- Eligibility for the Fleet Edition I recognition jacket at roll-over (limited, non-sellable, permanently the first decade)
- Advertiser-referral fee: if you introduce an advertiser who signs a wrap subscription, you receive 10% of that advertiser’s subscription revenue for their first 12 months, paid quarterly — structured this way so the referrer earns alongside Rollout, not ahead of it. If the advertiser cancels mid-year, residual quarterly payments stop. Caps at $1,200 per referral per year.
Structural protections
- Senior unsecured creditor status in any distress scenario — paid before equity
- Fully amortizing over the term (Notes) — principal returns via monthly payments, not a balloon
- Rollout early-payoff option after month 24: Rollout can accelerate payoff at principal + 2 months forward interest
- Monthly financial statements + Pioneer Portal dashboard access
Fleet context — the operating envelope
Rollout operates under a Tesla Fleet Partner agreement covering 8 years or 400,000 miles per vehicle — whichever comes first. The revenue window out of which Note repayments flow is bounded by this envelope. Canonical repayment math assumes standard Cybercab operation within the 8-year / 400,000-mile Tesla Fleet Partner agreement.
- 8-year term per vehicle — maximum operating horizon
- 400,000-mile cap — service ceiling per vehicle
- Notes amortize over their term; repayments do not depend on any single vehicle's performance
Eligibility
Indiana residents
Rule 147A intrastate exemption. Standard and Patient Notes available. RPN is accredited-only and does not qualify under the intrastate path.
Accredited investors nationwide
Rule 506(b) private placement. All three instruments available: Standard Note, Patient Note, and RPN.
No non-accredited out-of-state Pioneers until our counsel clears an alternate exemption path.
Attorney review gate
No Pioneer instrument executes until Rollout's counsel issues a written exemption opinion confirming the securities-law path for your specific jurisdiction and qualification. Until that opinion lands, we accept Letters of Intent only — no capital moves.
How it happens
- You send a Letter of Intent. Non-binding. No capital collected. Documents your interest and holds your place in the queue.
- We exchange calls or emails — your questions first, never a sales pitch.
- Rollout's counsel confirms the exemption path for your jurisdiction and qualification. You provide accreditation documentation or Indiana residency confirmation as required.
- Promissory Note / RPN agreement signed. Both parties execute.
- Capital transferred to escrow, released on execution. Monthly payments begin with the first full month.
Straight talk about timing
The Program opens for formal subscription once Tesla confirms fleet-operator network access for Rollout — the gating item currently in-flight with Tesla Fleet Sales. Until then we are accepting Letters of Intent to build the qualification queue, but we are not executing agreements and not collecting capital.
LOIs are processed in the order received when the Program opens. Priority goes to Indiana intrastate (Rule 147A) because that's the first exemption we expect to clear; accredited-investor (Rule 506(b)) LOIs begin shortly after.
Next step
Send us an email and we'll reply with the LOI template and agreement draft to read. No commitment required. The program doesn't officially open until Tesla clears our fleet-operator access.