• mesa@lemmy.worldOP
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    28 days ago

    I used to work in insurance. This might actually be the biggest blow to Testla, even more than stock prices. If people keep vandalizing the vehicles, eventually the insurance has to come due. And repair costs are not cheap, its basically only dealers and a limited number of repair places that partner.

    And insurance companies always make sure they get their money.

  • Buffalox@lemmy.world
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    28 days ago

    So it’s actually working!
    That makes it more expensive to own a Tesla, and that’s one more thing that will make it less attractive to buy, either new or used.
    It’s debatable whether this is fair, but clearly it achieves a political goal.

  • notsoshaihulud@lemmy.world
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    28 days ago

    Ironically, even without the vandalism these cars were ridiculously expensive to insure. When I bought my EV I checked insurance premiums, and it would’ve cost $100/mo more to insure a model 3 similarly priced EV from another maker.

    this is what the fanbois never bragged about when the brand used to carry some level of prestige

  • 13igTyme@lemmy.world
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    27 days ago

    Tesla had to create the own insurance because many companies and states won’t insure the cyber truck.