On: Mercedes Readies First Tesla Rival in $12B Attack

[Diederich]

Perhaps.

Since their introduction over 6 years ago, well over 200,000 Model S' have been sold, and Geico has insured quite a few of them.

> actuaries don't know how to price it in yet

This is pretty far from my field of expertise, so I can't make any kind of directed comment. I'll just say that it strikes me as unlikely that Geico either doesn't have enough data yet and/or doesn't know what it's doing.

I don't know much about

[Phlarp → Diederich]

What percentage of that 200,000 is in California? I don't think the sample size is near large enough, nor properly distributed to build a comprehensive risk model around.

I'm not a subject matter expert either but I would love to hear from someone in the industry.

[close04 → Diederich]

It doesn't matter how many were sold but how easy/cheap is to fix them when insurance is needed.

For Tesla parts are rare and expensive, authorized service partners are rare and expensive, so fixing the car costs a lot.