Elon Musk hits back at Warren Buffett after he knocked Tesla's plans to sell insurance

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Elon Musk hits back at Warren Buffett after he knocked Tesla's plans to sell insurance
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Warren Buffett hasn't shied away from criticizing Musk's plans to sell insurance.

In a conference with analysts at the end of April, Musk confirmed Tesla was working on a new insurance policy for its own vehicles."I'd bet against any company in the auto business" entering the insurance business.

In a conference with analysts at the end of April this year, Musk confirmed Tesla was working on a new insurance policy for its own vehicles.that the product will be"more overwhelming than anything else out there", and also explained that, for autopilot, insurance rates would be measured based on current driving behavior.

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