Elon Musk says Tesla will launch an insurance product in about a month
When asked during a Wednesday earnings call if Tesla is considering an insurance program, Musk said the company is working on one.
He also hinted that the carmaker will use driver data to help set rates.
Tesla CEO Elon Musk said the electric car maker may soon roll out an insurance product.
When asked during a Wednesday earnings call if Tesla is considering launching an insurance program, Musk says the company is working on one.
"The answer is yes we are creating a Tesla insurance product and we hope to launch that in about a month. It will be much more compelling than anything else out there," he said.