If this news is more true than Tesla is going to become a huge automobile insurance company.
Global automobile insurance is approx. 900 billion industries. Whereas alone in USA its doing business of approx. 300 billion dollars.
Just imagine Tesla start automobile insurance from cars, truck, large semi or maybe start providing insurance for rocket services like SpaceX.
The goal is simple first to create a product than create a service profit pipeline around it.
From product development, sales, maintenance to recycling Tesla may create whole eco-system around it.
A major boost to its stock price soon and in a decade, it goes to position itself in the top fortune 500 companies globally.
NASDAQ: TSLA (Look for it :)
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