Why would he include accidental damage in Tesla's warranty? Isn't that what insurance is for? Every time some moron gets into an accident, Tesla will award him with a brand new car. Besides, if Tesla is supply restricted but not demand restricted, why would he go out of his way to increase the demand? Something is fishy...
How does that work exactly? Every time a Tesla crashes & burns they'll replace a new one? Even if it's someone who drives recklessly?
No TV maker will replace a TV if you throw something at it, accident or not.
Why should any investor subscribe to this type of warranty?
It's accidental fire. That means, when a Tesla crashes, it's not supposed catch fire. If it does, that means there's something wrong with the car, like fire suppressant mechanism isn't working properly. So, no surprise here. The question is, if the car is totaled with a fire, will the insurance company pay for it with cash, and you get another one from Tesla free?
In the documentation and even product specs, Tesla says that they have a battery design that "prevents battery fires spreading if one cell ruptures within the battery pack". They have claimed that their packs will not allow fire to spread. They do not account for road-debris puncture causing one or more cells venting with flame together - but they do actually write in documentation that they have engineered around fire damage. And here we are. So, having a warranty to pay off a flamed-out vehicle with complete loss allows insurance companies not to have to add that risk into their premiums which could stop buyers from considering the car if insurance premiums rise due to the fire risk.
Should have used LiFEPO4.