Tag: elon musk

The roll-out of Tesla’s data insurance product is well underway in the US, promising its safe-driving customers up to 60% off their premiums, and freedom from being judged by conventional underwriting factors such as age and gender. But what will the impact on the rest of the market be? And will the venture last?

Austin, Texas-based Tesla has rolled-out its real-time data insurance product in three more states: Colorado, Oregon and Virginia.