An employee closes the front hood of a Tesla Inc. Model 3 electric vehicle at the company's showroom in Newport Beach, California. "The car insurance industry is incredibly inefficient," Tesla CEO Elon Musk told attendees of the All-In Summit in Miami. "You've got so many middle entities, from insurance agents all the way to the final reinsurer, there's like a half-dozen companies each taking a cut." (Credit: Patrick T. Fallon/Bloomberg)

(Bloomberg) — For more than six weeks now, the tech and finance industry has been riveted by Elon Musk's pursuit of Twitter.

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.

Auto
Technology Implementation