Incidents of vandalism against Teslas are increasing alongside dissatisfaction with CEO Elon Musk, potentially impacting future insurance premiums. Experts suggest that while ongoing vandalism could lead to higher costs, current incidents are too few to influence rates significantly. Teslas are already among the most expensive vehicles to insure due to expensive repairs from advanced technology and batteries. For example, the average annual insurance premium for the Tesla Model 3 is $3,495, well above the national average for all cars.
Experts caution that while there is a significant rise in vandalism against Teslas, it’s too early to predict the impact on insurance premiums. Current incidents are sporadic.
The average insurance premium for a Tesla Model 3 is $3,495 per year, much higher than similar vehicles, due to costly repairs stemming from its advanced technology and battery.
Collection
[
|
...
]