The electric carmaker’s own coverage is launching a new business unit outside the US. The Tesla car insurance program is beginning its business expansion beyond California and is taking its firs steps into China. The electric automaker launched the coverage in California last year to make policies cheaper. The Tesla car insurance program has remained available exclusively to drivers of the brand’s own vehicles who reside in California. The goal at the launch of the policies was to make premiums 30 percent cheaper than the competition. The company is now…
Read MoreTesla car insurance program is headed out of California and into China
