Thursday 23 February 2017

Tesla is so sure its cars are safe that it now offers insurance for life

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In the self-driving future envisioned by Tesla CEO Elon Musk, car owners might be saying "goodbye" to a whole lot more than steering wheels.

Musk is so sure of the safety features bundled into Tesla vehicles that his company has begun offering some customers a lifetime insurance and maintenance package at the time of purchase. 

No more monthly car-insurance bills. No more unexpected repair costs. 

The news was dropped Wednesday in an earnings call, reports The Next Web, and suggests that Tesla executives believe they are uniquely qualified to change the way new cars are priced and purchased.  Read more...

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