When asked during a Wednesday earnings call if Tesla were considering an insurance program, CEO Elon Musk said the company is working on one.
April 25, 2019
April 25, 2019—Tesla CEO Elon Musk said the company may soon roll out an insurance product, reported CNBC.
Tesla has access to “direct knowledge of the risk profile of customers based on the car,” Musk said. This gives the company a significant “price sort of arbitrage or information arbitrage opportunity,” he explained.
According to Musk, the company already gives detailed information to insurance companies to help with rates.
He hopes to launch the insurance program in a month.
Enterprise and Tasco Auto Color continue to support the Collision Industry Foundation program at the second highest tier, Urgent Care, for donors that contribute $5,000-$10,000...
The insurance company said it has control of its systems and hasn’t detected any evidence of ransomware or ongoing threat actor activity since the June 7 attack.
The Mountain States Collision Repair Association’s first in-person event features four industry experts and networking opportunities at Downhill Brewing in Parker, Colorado.
