I really like the construction of that statement. I would have been tempted to go with “in fairness the Cybertruck has shortcomings, but not nearly so much as many of its owners”…but your is way better. More fancy words and such 
It does, but only in some states. It started doing so because they thought the high safety ratings and various safety features were not being taken into account when setting rates. I think they operate in something like 14 states and do offer significantly lower rates than competitors and are not losing money on it. I dunno if they offer themselves discounts on rapairs to make it all work though, and I expect they cherry picked which states to service based on the insurance rates as well as how easy it was or was not to comply with the local regulations.
(then again a Musk company worried about complying with government regulations? Am I high right now?)
Insurance is very heavily regulated, and the regulations vary greatly between states. So it is entirely possibly that in say MD it is too difficult to charge enough to cover specific vehicles, while in PA it isn’t an issue (I’m not in the insurance biz, so I picked two adjacent states out of a hat as opposed to picking ones that might satisfy the example).
The wrap probably is, the vehicle unless actually used mostly or almost entirely not so much. Doesn’t mean someone might not try it and hope not to get audited though. Or think they will do it but gets shot down by the accountant/tax prep at the end of the year.
