Tesla announced in October 2017 that it was partnering with Liberty Mutual Insurance Co. to offer a plan called InsureMyTesla. (Photo: Yuriko Nakao/Bloomberg) Tesla announced in October 2017 that it was partnering with Liberty Mutual Insurance Co. to offer a plan called InsureMyTesla. (Photo: Yuriko Nakao/Bloomberg)

(Bloomberg) — For the second time in three days, Elon Musk has shed light on how Tesla Inc. plans to take on massive industries outside the automotive and clean-energy realms. Tesla's CEO said during Tesla's earnings call on April 25 that the company is creating its own insurance product and hoped to launch it in about a month. The comments followed a detailed presentation Monday on how the electric-car maker has designed its own chips and a self-driving computer to power its autonomy efforts.

Continue Reading for Free

Register and gain access to:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.