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They are a grossly unprofitable insurance company. Your actuaries can undervalue risk to the point you are losing money on every claim and still achieve that.
by Veserv 9mo ago
They are a grossly unprofitable insurance company. Your actuaries can undervalue risk to the point you are losing money on every claim and still achieve that.
In fact, Tesla Insurance, the people who already have direct access to the data already loses money on every claim [1].
[1] https://peakd.com/tesla/@newageinv/teslas-push-into-insurance-innovation-meets-reality https://peakd.com/tesla/@newageinv/teslas-push-into-insuranc...
- navigate8310 8mo agoTesla expanding into insurance actuarial science, isn't it a conflict of interest if they offer it for their own cars?