Tesla’s FSD technology will drastically reduce accidents, making Tesla Insurance a sleeping giant in their business model. 

By collecting cash premiums upfront and benefiting from fewer claims over time as the tech improves, Tesla can reinvest the capital more effectively.

I foresee a future where Warren Buffett offloads his GEICO position as he recognizes the power of Tesla FSD on the entire insurance industry. 

“If accidents get reduced 50%, it’s going to be good for society, and it’s going to be bad for insurance companies’ volume. But good for society is what we’re looking for.”

- Warren Buffett