Tesla completing ‘small acquisition’ which will help launch its insurance product

TechCrunch | 6/11/2019 | Staff
applecup (Posted by) Level 4
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Tesla CEO Elon Musk says that the company is in the process of completing a “small acquisition” that will help it release its own insurance product, something it said in April that it was only around “a month” away from bringing to market. One month is at least two months when translated from Musk time to rest-of-us time, so that tracks.

Musk made the remark at Tesla’s Annual Shareholders Meeting, adding that the company is “pretty close to being able to release [its insurance product],” and that in addition to this acquisition in progress, Tesla also has “a bit of software to write”...
(Excerpt) Read more at: TechCrunch
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