Seems that Tesla’s “cheap” EV, the Model 3, is about to get hit with a rather large insurance premium increase. Yeah, the “cheap” ones go for about $60 thou but the premiums are going up by 30% because people crash them and they are expensive to fix. Hybrids and EV’s are generally higher to insure but, wow!
Seems like an unexpected cost levied on the new technology in general but on Tesla in particular. Thoughts?