[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Benzinga [@Benzinga](/creator/twitter/Benzinga) on x 306.7K followers Created: 2025-07-20 17:59:51 UTC Warren Buffett says that if Tesla succeeds in achieving full autonomy and accidents are cut in half, the outcome would be positive for society, even if it hurts the insurance business. Speaking in 2024, the Berkshire Hathaway CEO was asked about the future impact of autonomous driving software like Tesla’s Full Self-Driving on insurers such as Geico, which his company owns. Buffett acknowledged that fewer accidents would lower insurance volume, but said the bigger picture matters more. “Good for society is what we're looking for,” he said. Tesla’s FSD software has faced ongoing criticism and regulatory scrutiny. After the company’s recent Robotaxi launch event in Austin, federal regulators at the NHTSA began investigating potential traffic violations by Tesla vehicles operating in full self-driving mode. The situation could become more intense with President Trump’s pick to lead the NHTSA, Jonathan Morrison, calling for stricter oversight of autonomous driving technologies. Meanwhile, Tesla is also facing legal challenges. A wrongful death lawsuit is underway following a 2024 crash in New Jersey where a Tesla Model S reportedly veered off the road while in self-driving mode, killing all three occupants. Despite the pushback, Buffett’s remarks suggest he still sees autonomy as a long-term win for public safety.  XXXXX engagements  **Related Topics** [insurance](/topic/insurance) [warren](/topic/warren) [tesla](/topic/tesla) [stocks consumer cyclical](/topic/stocks-consumer-cyclical) [stocks bitcoin treasuries](/topic/stocks-bitcoin-treasuries) [berkshire hathaway](/topic/berkshire-hathaway) [$brkb](/topic/$brkb) [Post Link](https://x.com/Benzinga/status/1946993471262245253)
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Benzinga @Benzinga on x 306.7K followers
Created: 2025-07-20 17:59:51 UTC
Warren Buffett says that if Tesla succeeds in achieving full autonomy and accidents are cut in half, the outcome would be positive for society, even if it hurts the insurance business.
Speaking in 2024, the Berkshire Hathaway CEO was asked about the future impact of autonomous driving software like Tesla’s Full Self-Driving on insurers such as Geico, which his company owns.
Buffett acknowledged that fewer accidents would lower insurance volume, but said the bigger picture matters more. “Good for society is what we're looking for,” he said.
Tesla’s FSD software has faced ongoing criticism and regulatory scrutiny. After the company’s recent Robotaxi launch event in Austin, federal regulators at the NHTSA began investigating potential traffic violations by Tesla vehicles operating in full self-driving mode.
The situation could become more intense with President Trump’s pick to lead the NHTSA, Jonathan Morrison, calling for stricter oversight of autonomous driving technologies.
Meanwhile, Tesla is also facing legal challenges. A wrongful death lawsuit is underway following a 2024 crash in New Jersey where a Tesla Model S reportedly veered off the road while in self-driving mode, killing all three occupants.
Despite the pushback, Buffett’s remarks suggest he still sees autonomy as a long-term win for public safety.
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Related Topics insurance warren tesla stocks consumer cyclical stocks bitcoin treasuries berkshire hathaway $brkb
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