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.
deleted by creator
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.Reminds me of the Kia and Hyundai challenge.
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
Tesla had to create the own insurance because many companies and states won’t insure the cyber truck.
can people even insure wank trucks?
I assume people wear masks when doing it because of the monitoring cameras on Teslas
The same cameras that drove one into a painting of a road? Only the best imaging.
Guarantee the payouts dive as well, given falling market values.