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Tesla’s FSD technology will drastically reduce accidents, making Tesla Insurance a sleeping giant in their business model. By collecting cash premiums upfront and benefiting from fewer claims over time as the tech improves, Tesla can reinvest the capital more effectively. I foresee a future where Warren Buffett offloads his... show more
58,149 Aufrufe • vor 1 Jahr •via X (Twitter)
11 Kommentare

A day will likely come when insurance costs for non-FSD cars will be so high compared to autonomous vehicles that human driving will no longer be practical

Elon Musk claims to have finished a 100,000-strong H100 cluster in four months. How likely is that?

I think you’re missing a key point that destroys your premise - why should anyone pay for insurance if Tesla’s FSD software has complete control? Tesla will have to insure themselves for any accident involving Level 5 autonomy.

Exactly right. Mainstream insurance is going to suffer greatly because of Tesla autonomous. Good riddance.

The FSD statistics and infos for 2024 are just highly impressive - and similarly convincing

Speaking from experience (Ex-GEICO here), Teslas technology and data availability to more accurately price based on driving habits is second to none. Progressive for the longest time was the leader here data wise since the early 2010’s since they had a device you can place in the car to track driver habits, GEICO just recently (within the last 5 years) started tracking through their app (which you also had to opt into). The insurance companies strive to make 5 cents on the dollar and are mightily struggling with producing accurate rates. Tesla is going to be the clear winner on the insurance front AND because of FSD. I think it will greatly reduce the need for a third party insurance company (like progressive or geico). Much like legacy auto manufacturers, legacy insurance providers don’t know what to do here or how to pivot their business model.

Data never lies - the FSD statistics speaks for itself. We need FSD in the US and EU 👍🏻

That fatality per 100 million mile stats. I am not sure anyone died yet driving on FSD. We don't have official stats on that yet.

Who doesn’t like less accidents, less hospital bills, less calls to mom and dad telling them you wrecked your car. FSD and Optimus is a multi billionaire dollar operation ALONE Invest in $TSLA

Clever business model I hadn’t thought of it. It will do really well if it has Warren Buffett’s endorsement, you can expect great things.

FSD/Self driving will absolutely affect insurance rates & premiums
