The McLaren F1 is the holiest of holy enthusiast models and wrecking one is a crime against carmanity. If you do it you better have a damn good story. To Elon Musk's credit, it is kind of a damn good story.
I don't condone crashing McLaren F1s, but if you daily drive one I think Rowan Atkinson has definitively proven that you will eventually crash it once. Or multiple times.
This story is about one minute into this fireside chat so you don't have to wait long. I assume if you're still reading Jalopnik you can probably endure 70 seconds of a reporter calling Musk crazy.
The reporter's punchline to the joke is that the car wasn't insured, Musk's is that he said "watch this" before he crashed it.
If you keep watching you'll hear him talk about his "hyperloop" idea and continue to see him nod his head in what can only be described as what a cyborg might do if told what a nod was without everyone seeing one.