What type of policies the insurance companies will develop

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Reference no: EM131738494

Although Electric Autos - Tesla- are expensive (relatively) they require minimal electric power to operate; whereas gas run autos though relatively less expensive require gasoline to operate. Since the gas prices have increased more than 100%; consumers are finding it difficult to cope with the increased prices.

Using your own words to answer those questions:

Can Tesla take over the auto industry if the prices come down?

What could be the legal issues?

What type of risks are involved ?

What type of policies the insurance companies will develop?

Reference no: EM131738494

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