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InsideEVs
InsideEVs
Technology

Even Tesla's Insurance Arm Is Getting Wrecked Right Now

Tesla Inc. Insurance SP Global
  • Tesla's insurance arm is taking a beating by paying out more than it earns from premiums, according to data from S&P Global.
  • This is significantly higher than the national average loss ratios calculated for other insurance companies.
  • It could mean that not even Tesla can repair its own cars affordably after an accident.
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