Tesla's Elon Musk teases car insurance product launch

electric cars

Car company is reportedly set to unveil a "compelling" insurance policy next month.

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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Applied updates on commercial push

Applied Systems has confirmed Arch Insurance is about to enter the pilot phase of onboarding and will be live on the Applied Epic broker management system in April, with Iprism and Ark to follow and more promised in 2024.

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