- Tesla vehicles are, in some cases, more expensive to insure than competing vehicles, a problem the electric-car maker has tried to address by introducing an insurance product, Tesla Insurance, for California customers on Wednesday.
- While it is not possible to insure a Tesla vehicle and a non-Tesla vehicle together on the same Tesla insurance policy.
- Tesla may instead see the product as a marketing tool designed to boost vehicle sales by addressing the perception that Tesla vehicles require higher-than-normal insurance costs.