Tesla Furious After AAA Hits Carmaker With Higher Premiums Due To “Abnormally High Claims”

AAA is raising premiums on Tesla vehicles by 30% after data showed that owners of Model S and Model X cars filed claims at abnormally high rates, and that those claims cost more compared with other cars in the same class, Automotive News reported.
Tesla, of course, is disputing the insurer’s analysis.
“This analysis is severely flawed and is not reflective of reality,” the electric-vehicle maker said in a statement emailed to Automotive News. “Among other things, it compares Model S and X to cars that are not remotely peers, including even a Volvo station wagon.”

This post was published at Zero Hedge on Jun 4, 2017.