Tesla’s first expansion of its Insurance product outside of the US could be in China

Tesla China

To help Tesla owners with lower insurance costs, the automaker launched its first Tesla Insurance product in California in August 2019.

Save with big discounts at your favourite Tesla accessories stores, like 10% off at Tesmanian, TesBros and Nikola Pro, plus many more. Coupon codes at DriveTeslaCanada.ca/deals.

In the one year since then, thousands have joined the program, but it has yet to expand beyond California.

During the Q2 2020 earnings call, Tesla’s Chief Financial Officer (CFO) Zachary Kirkhorn said they hope to have it roll out to several other states before the end of 2020.

But an international expansion could happen sooner than that, as Tesla has just established an insurance brokerage in China.

According to the China National Enterprise Credit Information Publicity System and first reported by Tesmanian, the company address listed for the new insurance brokerage is the same as the address for Giga Shanghai.

Get 10% off at Tesloid.ca or Tesloid.com (formerly Tesla Shop) with coupon code DTC10 at checkout. Quality Tesla accessories with FREE shipping across Canada and the US.

Unfortunately there is no sign of Tesla Insurance coming to Canada any time soon. If you live in British Columbia, some of the best rates are available from BCAA, which has several EV specific discounts.

About Darryn 1377 Articles
Founder and Editor-in-chief of Drive Tesla Canada | Darryn@DriveTeslaCanada.ca Have a Tesla tip? Email tips@driveteslacanada.ca, or DM us on Twitter @DriveTeslaca