Red Sea Attacks Leave Shipping Companies With Difficult Choices
Attacks on two dozen ships since November are forcing shipping lines to figure out whether and when to skip the Suez Canal and send vessels on longer voyages around Africa.
Tesla launches insurance product—only in California
Tesla has opted to go it alone in some far-reaching and profound ways—like how it sells and services its cars, how it provides charging infrastructure, how it keeps them updated and, well, that every single car the automaker produces is fully electric. And now Tesla is adding another potentially mammoth line of direct-to-consumer services... Porsche reveals insurance program: At ease, Taycan electric-car buyers
By the time the 2020 Porsche Taycan launches late this year, Porsche owners in three states will likely be able to choose a new kind of per-mile insurance offered through the sports-car brand. Especially for those planning to make a leap to the Taycan, it could amount to some peace of mind. For those new to electric cars, insurance can often be a... Musk: Tesla will introduce Autopilot-informed insurance product next month
Over the first quarter of the year, Tesla reported a much higher-than-anticipated loss and revenue below what analysts had been expecting—tangled up in logistical delivery issues in Europe, import issues in Shanghai and Beijing and finally, book-ended by a flurry of deliveries in Europe and China in the last 10 days of the quarter. As... Insurance claims on electric cars vary hugely, though perhaps predictably
When buying a car, one point to consider during the process should be insurance costs. Aside from any finance or lease payment, and fuel costs if you cover lots of miles in a not-very-efficient vehicle, insurance is likely your biggest car-related expense. Thankfully, the Insurance Institute for Highway Safety's Highway Data Loss Institute (HLDI)... IIHS says Tesla electric cars have higher miles, more costly repairs
The Insurance Institute for Highway Safety and the Highway Loss Data Institute has once again confirmed the Tesla Model S electric car is an outlier. While the Model S gets high ratings for its crash safety, it also seems to incur higher insurance losses than competing conventional cars. Higher claim frequencies, more costly repairs, and higher...