https://techcrunch.com/2019/08/28/tesla-promises-up-to-30-lower-rates-with-new-car-insurance-play/

Tesla said Wednesday it has launched an insurance product, promising owners of its electric vehicles to deliver rates 20% and even as high as 30% lower than other insurance providers.

For now, the product known as Tesla Insurance, will only be available to owners in California. The business will expand to additional U.S. state in the future, Tesla said without naming where or providing a timeline.