Tesla owners in California can now buy
insurance from the electric car company in what
may be the first step toward the unconventional
automaker providing coverage for a fleet of
driverless taxis.
The expansion announced Wednesday comes
four months after Tesla CEO Elon Musk told
analysts the company would branch into
insuring its own cars for people who buy or
lease them.
Musk believes Tesla has learned so much about
its cars that it will be able to offer rates 20% to
30% below those offered by traditional insurers.
nora
(Nora)
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