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The availability of the new service isn’t clear. A single sentence currently appears on the Tesla Insurance website: “Algorithm update in progress.” (Photo: Qilai Shen/Bloomberg) The availability of the new service isn’t clear. A single sentence currently appears on the Tesla Insurance website: “Algorithm update in progress.” (Photo: Qilai Shen/Bloomberg)

(Bloomberg) — Tesla Inc. began offering auto insurance to its vehicle owners in California, touting rates as much as 30% lower without offering much detail.

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