‘We’re Trying To Turn A Nightmare Into A Dream’ -- Elon Musk
Monday, April 25th, 2022 AutoDuring Tesla’s recent Q1 2022 earnings call, Chief Executive Officer, Elon Musk, along with Chief Financial Officer, Zachary Kirkhorn, shared key details about Tesla’s new insurance offering that uses real-time driving behaviour data.
The insurance offering was launched earlier this week in Virginia, Colorado and Oregon.
During the call, Musk explained that having real-time feedback for driving habits is actually resulting in Tesla owners driving the cars in a safer way, because they are able to know whether these habits are affecting their insurance rate or not.
Musk stated that when people see the feedback they can see a real-time score, allowing them to realise that if they make the following changes in their driving habits, then they pay less in insurance.
Furthermore, Kirkhorn added that with the real-time data, they are trying to do a good thing for their customers, save people money, and make the roads a little bit safer.
