Photo Credit: Fair Use [17 U.S.C. § 107] Tesla auto insurance App
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
"...Tesla Insurance promised lower costs...claimed...unique advantage: real-time driving data and deep familiarity with its own cars.
"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."
ADDITIONAL RELATED NEWS LINKS
- Meet The Fastest Charging Electric Cars
- BYD’s Tesla Win Comes With A Hidden Warning
- "I Sold My Company!" - Sandy Munro's Shocking Tesla Bombshells
- California Trucker "Amazed" At Performance of Tesla Semi on Grapevine Pass
- Absurdly Fast EV Chargers Are Coming To America, But Cars Aren't Ready
- I Helped Design The Original Tesla Battery. Here's How America Can Lead The World Again
- EXPOSED: The Chinese Car Company That's Fooling the Entire World?
- [Mobile Access] Tesla FSD Beware: Xpeng Autonomous Driving Is Already Ahead In China
- Tesla Roadster: Elon's Vision for the Last Manually Driven Car
- 2026 Is Going To Be An EPIC Year To Buy An Off-Lease EV. Here's What You Need To Know
RSStream
- EU bets fossil fuel lobby is crying wolf over supply shock warnings
- Lucid Drops Hot Air Sedan Lease Deals This July
- How Big Oil Spent Decades Selling the Myth of ''Clean'' Natural Gas
- Should You Buy Subaru''s Trailseeker Or Toyota''s bZ Woodland? It''s Complicated
- Toyota''s next-gen Corolla EV takes center stage as a "sense of crisis" reshapes the company
- Oil Hits $90, Good For Environment
- Allego, one of Europe''s largest public EV charging networks, migrates to AMPECO platform
- America''s No. 3 EV May Be Drowning In Its Own Success
- "A Trojan horse": Inside the EU''s "weakened" plan that could put the brakes on carbon emission cuts
- Tesla Earnings: Investors Want Proof AI Spending ''Strengthening'' Company
