Tesla's Elon Musk teases car insurance product launch

electric cars

Tesla is developing a car insurance product which could be launched next month, according to reports.

An article by Tech Crunch stated that Tesla chief executive Elon Musk announced the news during a call with analysts after the company published its results for the first quarter of 2019.

“It will be much more compelling than anything else out there,” Musk told analysts.

According to the article he did not give any further details on what the product will look like, but it will build on its

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