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by Salgat 617 days ago
My understanding is that any damage to the cybertruck unibody frame, no matter how minor, becomes a catastrophicly expensive repair. There are many laws surrounding fair pricing of insurance rates, and Geico might not want to go through the legal work of justifying massive rate hikes specific to the Cybertruck over just dropping such a tiny volume of vehicles, especially if their "profitable" pricing just drives all their customers away anyways. Also keep in mind that in the meantime they're locked into their current rates until each state approves a higher rate.
2 comments

Rivian is likely heading this way too, there's plenty of stories about a fender bending costing 42000 to fix

https://www.theautopian.com/heres-why-that-rivian-r1t-repair...

It looks like the Cybertruck is more like a Delorean than I thought!