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Tesla is doing this with their new Tesla insurance product. But at least they won't be sending the data to other insurers, since they want to keep it for their
by modeless 6y ago
Tesla is doing this with their new Tesla insurance product. But at least they won't be sending the data to other insurers, since they want to keep it for their own use.
- ra7 6y agoTesla CFO just yesterday bragged about the amount of data that's available to collect from the car for insurance purposes [1]: > “We’re working now on what we call Version 2 or we can call it the first version of our telematics product. And so really ultimately where we want to get to with Tesla Insurance is to be able to use the data that’s captured in the car, in the driving profile of the person in the car to be able to assess correlations and probabilities of crash and be able then to assess a premium on a monthly basis for that customer. And what makes this very exciting for us is the amount of data that is available with the customers’ permission to use is, it’s not available in any other product or any other vehicle in the world. So this gives us a unique advantage in terms of information.” [1] - https://electrek.co/2020/08/18/tesla-expand-insurance-business/ https://electrek.co/2020/08/18/tesla-expand-insurance-busine...
- JMTQp8lwXL 6y agoEven if they're limiting the data, it still makes me want to not buy a Tesla.