New Report Shows Tesla Is Suffering Staggering Losses On Critical Program - Here's Why Drivers Might Foot The Bill

09 Jun 2025 | Abstracted from The Cool Down

"According to new data from S&P Global, Tesla Insurance reported a loss ratio of 92.5% in 2023, meaning the company paid out 92.5 cents in claims for every dollar it brought in through premiums. Once overhead costs are added, that number suggests Tesla is likely losing money on its insurance program."

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