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Tesla launched insurance services in five U.S. states, and it is unclear whether it will land in China

I have to say that Tesla really wants to monopolize its own peripheral services? It is reported that Tesla has recently completed insurance plans in five states in the United States, namely Arizona, Ohio, California, Texas and Illinois.

Tesla launched insurance services in five U.S. states, and it is unclear whether it will land in China
Tesla launched insurance services in five U.S. states, and it is unclear whether it will land in China

Tesla actually launched an insurance plan in California as early as 2019, and the initial price was 20%-30% lower than that of competitors, which may be due to Tesla's more familiarity with its own cars, so vertical integration has led to lower rates.

Tesla launched insurance services in five U.S. states, and it is unclear whether it will land in China
Tesla launched insurance services in five U.S. states, and it is unclear whether it will land in China

Mainly because Tesla is more aware of its own models, especially in the case of the advantages of active safety and advanced driver assistance features, and can do better protection and maintenance.

Tesla launched insurance services in five U.S. states, and it is unclear whether it will land in China
Tesla launched insurance services in five U.S. states, and it is unclear whether it will land in China

As for the time and region of Tesla's subsequent launch, Tesla said that it plans to continue to expand its insurance program in 50 states in the United States, and is expected to launch in New York within a few months, but whether China will launch it remains to be seen.

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