Insurance by Tesla, Elon Musk to Speak in China (08.28.19)
Tesla Daily: Tesla News & Analysis
Rob Maurer
4.8 • 1.1K Ratings
🗓️ 29 August 2019
⏱️ 7 minutes
🧾️ Download transcript
Summary
– Tesla launches Tesla Insurance
– Elon Musk will speak at the World Artificial Intelligence Conference in China on 8/29
– Tesla issues statement on 2018 Amazon solar fire
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Executive producer Rob Gill
Executive producer Jeremy Cooke
Executive producer Nick Wood
Music by Evan Schaeffer
Disclosure: Rob Maurer is long TSLA stock & derivatives
The post Insurance by Tesla, Elon Musk to Speak in China (08.28.19) appeared first on TechCast Daily.
Transcript
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| 0:00.0 | Hello and welcome to the Wednesday August 28th |
| 0:10.0 | 2019 edition of Tesla Daily on official Tesla Podcast. My name is Rob Maower. Today we are talking |
| 0:15.0 | about Tesla Insurance and a few other updates. Tesla stock on the day today was up 0.71% to |
| 0:20.9 | $215.59 cents that compared to the NASDAQ up $0.15.59. That compared to the NASDAQ up 0.38%. The biggest news of today is |
| 0:27.6 | Tesla launching Direct Tesla Insurance. Tesla shared the update in a blog post this afternoon. |
| 0:32.8 | Initially, it will only be available to customers in California, |
| 0:36.4 | but they said that it will expand to additional U.S. |
| 0:38.6 | States in the future. |
| 0:40.2 | Insurance is paid monthly. |
| 0:41.4 | Tesla says that there are no hidden fees or charges and that customers can cancel at any time. |
| 0:46.6 | Tesla also says that some owners may be able to save up to 20 or 30 percent. |
| 0:51.0 | Quote, because Tesla knows its vehicles best, Tesla insurance is able to |
| 0:54.4 | leverage the advanced technology, safety, and serviceability of our cars to |
| 0:59.0 | provide insurance at a lower cost. This pricing reflects the benefits of Tesla's active safety and advanced driver |
| 1:05.0 | assistance features that come standard on all new Tesla vehicles." |
| 1:09.1 | End of quote. |
| 1:10.1 | We'll talk a little bit more about pricing in a second. First I wanted to discuss a couple points that |
| 1:13.9 | Tesla shares in the frequently asked questions page on Tesla insurance. I think one of the most |
| 1:18.8 | interesting aspects of Tesla offering its own insurance is access to driver data, especially including the cameras in the case of an incident. |
| 1:26.2 | One of the frequently asked questions addresses part of this. The question is does |
| 1:30.1 | Tesla insurance use driver data to price insurance? |
| 1:33.6 | And the answer is, quote, |
... |
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