Tesla unveils insurance product

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Tesla has launched Tesla Insurance in California, a product which it said was designed to supply Tesla owners with lower rates.

The car manufacturer’s chief executive, Elon Musk, first revealed that Tesla was developing a car insurance product during a call with analysts in April. 

According to a statement on Tesla’s website, the new product includes “comprehensive coverage and claims management” to support customers.

The business further revealed plans to offer it to other US states in the

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