Tesla running an auto insurance company for Tesla’s, covered in Matt Levine’s newsletter this morning, is (contingent on the product being factually safe) such an obviously incentive-compatible innovation that we should expect to see more of that greasing gears in tech adoption.
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(So it potentially looks like a higher conviction signal than it actually is.)
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There is talk about future insurance issues with tesla cars, bcs they are not fully fixable yet in the 2ndary market. So insurances are unable to sell broken cars, bcs no one can repair them in scale. thus resulting in higher premiums. Somehow relates?https://youtu.be/o-7b1waoj9Q?t=895 …
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