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Tesla Insurance expanding to Maryland next

Teslarati

The Maryland Insurance Administration told Teslarati that the Balboa Insurance Company changed its name to Tesla Insurance earlier this year, hinting at the service’s arrival in Maryland. As of this writing, Tesla Insurance is available in Arizona, California, Colorado, Illinois, Ohio, Oregon, Texas, and Virginia.

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Tesla adds state incentive tool to website to calculate total tax breaks

Teslarati

Tesla has added a state electric vehicle incentive tool that will calculate both federal and state incentive amounts for customers interested in knowing how much of a break they may receive for buying one of the company’s vehicles. Maryland and California have adopted this strategy in an effort to achieve sustainability goals.

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Ford reportedly eliminates lease-to-buy option on electric vehicles

Teslarati

Ford looks to be emulating Tesla, which has limited lease buyouts on a few of its models. In April , Tesla eliminated their lease buyout options completely, never allowing them on the Model 3 or Model Y, to begin with. The post Ford reportedly eliminates lease-to-buy option on electric vehicles appeared first on TESLARATI.

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How Tesla stock and a PPP loan landed a man four years in jail

Teslarati

million Paycheck Protection Program (PPP) loan from the United States government, Tesla stock was one of his biggest purchases. Others have used them to buy new cars, like a Maryland man who had a Tesla Model 3 and $2.2 The post How Tesla stock and a PPP loan landed a man four years in jail appeared first on TESLARATI.

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Oregon’s EV incentive program that brought Tesla prices below $30k is running out of money

Teslarati

Oregon’s electric vehicle incentive program that was widely publicized for bringing the price of a Tesla Model 3 well below $30,000 is being suspended for a year starting in May because it is running out of money. According to Fox Business , Oregon expects 1.5 million people to be driving EVs in the state by 2035.

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Tesla Model 3, $2.2M seized from man who fraudulently obtained COVID-19 relief loans

Teslarati

A man in the State of Maryland is being charged with wire fraud after obtaining multiple COVID-19 relief loans. million and a Tesla Model 3 seized by various Law Enforcement agencies. was seized from eleven bank accounts, and the 2018 Tesla Model 3 was also recovered by the Department of Justice. The post Tesla Model 3, $2.2M

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My Friend has had 34 Cars. He’s only kept his Tesla Model 3.

Teslarati

A Tesla Model 3 is the only one he has kept in his driveway for more than a few months. He’s now going on his fifth year of Tesla ownership. In 2018, we were playing Xbox together when told me he was buying a Tesla Model 3. “My first car was a Nissan Sentra, and my 2018 Tesla Model 3. Prices in the U.S.

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