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Elon Musk says Tesla Insurance coming to Canada “eventually”

GRUENHEIDE, GERMANY - SEPTEMBER 03: Tesla head Elon Musk talks to the press as he arrives to to have a look at the construction site of the new Tesla Gigafactory near Berlin on September 03, 2020 near Gruenheide, Germany. Musk is currently in Germany where he met with vaccine maker CureVac on Tuesday, with which Tesla has a cooperation to build devices for producing RNA vaccines, as well as German Economy Minister Peter Altmaier yesterday. (Photo by Maja Hitij/Getty Images)

In 2019, Tesla Insurance made its debut in California before expanding to a total of eight US states. CFO Zachary Kirkhorn said during the Q4 2021 earnings call that the firm aims to significantly develop Tesla Insurance and have it in enough markets so that 80% of US owners will be able to buy the product by the end of the year.

Despite the anticipated growth and the near-constant bombardment of inquiries from Canadian Tesla supporters on Twitter, neither Musk nor Tesla has provided an ETA for the release of the insurance service with pricing based on actual driving behavior. Musk finally addressed the topic of Tesla Insurance’s availability in Canada in an interview published last night by Johnna Crider. We are growing as soon as possible.

We expect to eventually be everywhere,” Musk said, adding that we have plans for all 50 states as well as Canada.Even if the remarks aren’t very insightful, they provide something.

When these goals will be reached is not specified by Musk, but according to Kirkhorn, the corporation plans to target European nations in 2023, or perhaps late 2022 if the US expansion goes well. Maryland and Florida seem to be the following states to get Tesla Insurance. Nevada was the most recent state to be included, and it started selling Tesla Insurance earlier this month.

Source: DriveTeslaCanada

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Written by Alex Bruno

Alex is a writer with a passion for space exploration and a penchant for satirical commentary. He has written extensively on the latest discoveries in astronomy and astrophysics, as well as the ongoing efforts to explore our solar system and beyond. In addition to his space-related work, Alex is also known for his satirical writing, which often takes a humorous and irreverent look at contemporary issues and events. His unique blend of science and humor has earned him a dedicated following and numerous accolades. When he's not writing, Alex can often be found stargazing with his telescope or honing his comedic skills at local open mic nights.

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