Photo Credit:Fair Use [17 U.S.C. § 107] Wrecked Cybertruck likely beyond affordable repair.

Cybertruck Insurance Dilemma: Tesla's Challenge Ahead

21 Aug 2025 | Abstracted from EVWorld.com

Tesla's Cybertruck faces an insurance crisis as major providers like GEICO and Hanover rescind coverage due to high repair costs, limited production data, and underwriting challenges. Owners report cancellations and steep premiums, while Tesla's own insurance offers partial relief in select states. The issue threatens future sales and highlights the gap between bold design and real-world support, leaving buyers uncertain and Tesla under pressure to respond.

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