Tesla is losing money insuring its own cars
May 30, 2025
Tesla’s insurance products are currently unsustainable, according to a new report that shows the company is losing money insuring its own cars.
Tesla vehicles have long had a reputation for being expensive to insure.
The automaker tried to address the situation on multiple fronts. It launched its own “collision centers” to try to control repair costs, and it also introduced its own insurance…