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Tesla’s Elon Musk is so sure of the “autopilot” safety features in his vehicles that the company has begun offering customers in Asia a lifetime insurance and maintenance package at the time of purchase – and plans to expand the program into the U.S.
In an earnings call this week, Tesla President of Global Sales and Service Jonathan McNeill said in Asia the majority of Tesla cars sold already include lifetime insurance and maintenance costs built in to the purchase price.
A Business Insider piece about the news (link below) says the National Highway Traffic Safety Administration found that crash rates for Tesla vehicles have dropped 40% since Autopilot was first installed.
From the piece:
"It takes into account not only the Autopilot safety features but also the maintenance cost of the car," McNeill said. "It’s our vision in the future we could offer a single price for the car, maintenance, and insurance."
"If we find that the insurance providers are not matching the insurance proportionate to the risk of the car then if we need to we will in-source it," Tesla CEO Elon Musk said on the earnings call. "But I think we’ll find that insurance providers do adjust the insurance cost proportionate to the risk of a Tesla."
Electrek reports that Tesla has partnered with AXA General Insurance for its program InsureMyTesla.
Tesla cars could come with insurance, maintenance included in future - Business Insider
In an earnings call this week, Tesla President of Global Sales and Service Jonathan McNeill said in Asia the majority of Tesla cars sold already include lifetime insurance and maintenance costs built in to the purchase price.
A Business Insider piece about the news (link below) says the National Highway Traffic Safety Administration found that crash rates for Tesla vehicles have dropped 40% since Autopilot was first installed.
From the piece:
"It takes into account not only the Autopilot safety features but also the maintenance cost of the car," McNeill said. "It’s our vision in the future we could offer a single price for the car, maintenance, and insurance."
"If we find that the insurance providers are not matching the insurance proportionate to the risk of the car then if we need to we will in-source it," Tesla CEO Elon Musk said on the earnings call. "But I think we’ll find that insurance providers do adjust the insurance cost proportionate to the risk of a Tesla."
Electrek reports that Tesla has partnered with AXA General Insurance for its program InsureMyTesla.
Tesla cars could come with insurance, maintenance included in future - Business Insider
