Tesla pauses insurance sales for an 'algorithm update' just hours after launch

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Tesla pauses insurance sales for an 'algorithm update' just hours after launch
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Some customers said the rates were more expensive than third-party insurance, despite Tesla's promises it would be cheaper.

Tesla took its new insurance offering offline Wednesday just hours after launch. The company tweeted that it was performing an"algorithm update" and that the products would be back shortly. Some potential customers online said they were quoted prices higher than their current third-party plans. Visit Business Insider's homepage for more stories. Tesla paused sales of its insurance plans just hours after the product's launch on Wednesday, citing an"algorithm update.

Tesla took its new insurance offering offline Wednesday just hours after launch. The company tweeted that it was performing an"algorithm update" and that the products would be back shortly. Some potential customers online said they were quoted prices higher than their current third-party plans. Visit Business Insider's homepage for more stories. Tesla paused sales of its insurance plans just hours after the product's launch on Wednesday, citing an"algorithm update.

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