Elon Musk announces another attempt at Tesla car insurance - LeadCloud News
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Elon Musk announces another attempt at Tesla car insurance
29 July 2020

Elon Musk announces another attempt at Tesla car insurance

“We’re building a great, like a major insurance company,” said CEO Elon Musk when speaking about the Tesla car insurance to investors during the second-quarter earnings conference call. This occurred on the heels of announcing the company’s fourth consecutive profitable period, which is its longest streak so far.

“Ultimately,” he added, “where we want to get to with Tesla Insurance is to be able to use the data that’s captured in the car, in the driving profile of the person in the car, to be able to assess correlations and probabilities of crash and be able then to assess a premium on a monthly basis for that customer.”

Learn more here - http://www.liveinsurancenews.com/49800-2/8549800/

 

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