Tesla EVs Face High Repair Costs, Insurance Companies Reject Low-Mileage Vehicles

As right-to-repair laws gain momentum, consumers are gaining more power to fix the products they own. However, repairability does not equate to ease or affordability. DIY auto repairs have declined, leaving local mechanics as a potential solution. Yet, for Tesla EVs, some insurance companies are reportedly opting to reject covering low-mileage vehicles as repairs for these cars can be exorbitant. While some luxury car brands are known for their high repair costs, insurance providers are becoming more selective in covering these expenses, especially for low-mileage Tesla EVs, as reported by Reuters. A recent Reuters analysis of salvage auction listings for … Continue reading Tesla EVs Face High Repair Costs, Insurance Companies Reject Low-Mileage Vehicles