Geico put out an announcement today. Sunday. Not covering and ending policies on Tesla trucks cuz they do not meet certain standards.
If you can't get insurance to cover the risk. Then the item is no longer purchasable as a finance product. Ouch.
TSLA trucks not being insured
byu/Selling_real_estate inwallstreetbets
Posted by Selling_real_estate
8 Comments
[deleted]
Interesting take. I’m sure Tesla insurance will gladly take on that additional business. Calls it is.
This is actually bullish, it means all those owners will switch to tesla insurance. Calls are the way!!
Funny how I just saw some position open as insurance underwriter on LinkedIn for Tesla.
Looks like Tesla is going ham on their own insurance scheme. Currently they used Liberty mutual as underwriting for their own insurance policies I was using on my new M3
another idiot hoping that TSLA will go down. Do people ever learn? Bet against the Walrus – you lose.
Tesla cult will pump the stock by saying more business for Tesla insurance
About time I don’t like cars that look like oversized toy trucks as I played with as a kid.
Most people who hates cybertruck does not know how Trucks are different than normal SUV or cars.
Personally I am not a big fan of cybertruck looks myself and prolly cancel my order but people you have to understand, the functionality that truck gives is way above anything in market.. I just wish Elon could have kept the old price and brought better looks.
I might get a Truck as well but not this one, its just does not feel right.. there is some RAM EV that might be better one