Tesla is about to get into the auto insurance game, CEO Elon Musk announced Wednesday.
On a call with investors, Musk said that Tesla is in the process of “building” what he called a “major insurance company,” Business Insider reports. By the end of the year, he hopes to have launched in a handful of U.S. states, generating premiums and rates for drivers based on data collected by their cars’ internal sensors.
Continue reading… “Elon Musk says Tesla is launching an insurance company”
