Always interesting to read about Tesla, not least because of the great cars and innovation.

Usually we talk about Insurance for their vehicles, this time though it's nothing to do with the cars at all.

More a move for Musk to personally provide coverage equivalent to such a policy for a one year period, given the high cost of D&O cover for them. It's quite common to see companies self insure (NASA for example as far as I understand don't buy commercial cover).

I'm not sure I have seen this sort of step before by a CEO & Founder, but no doubt there are other examples out there too.

What's your take? Will many other follow if they are in a position to do so?