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Tesla just started selling auto insurance

Los Angeles Times Los Angeles Times (Economia)

Advertisement. The current policies cover only personal use of the Tesla cars.

Selling insurance also provides Tesla with a new source of revenue as the company tries to prove it can consistently make money.

Tesla is selling the insurance only in California to start, but it plans to offer coverage nationwide in the future.

That probably will appeal to Tesla owners who have been complaining about being charged too much for coverage.

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