The US-based billionaire told investors that insurance data had provided a useful feedback loop for manufacturing process alterations
Telematics insurance data collected via electric vehicle manufacturer Tesla’s proprietary insurance offering has been used to alter the production of vehicle parts.
Speaking during a fourth quarter and full year earnings call last week (25 January 2022), Tesla chief executive Elon Musk said that Tesla Insurance allows the company to minimise the cost of repair for its vehicles.
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