Telepresence's new version v2.6.x doesn't work in colima

This project https://github.com/telepresenceio/telepresence allows for a pod/deployment in the cluster to forward all traffic to instance running on localhost. It seems to do it using sidecar container with iptables config.

Since updating telepresence to v2.6.x it stopped working and its container gives the following error on startup:
```
info Traffic Agent Init v2.6.2
error failed to clear chain TEL_INBOUND_TCP: running [/sbin/iptables -t nat -N TEL_INBOUND_TCP --wait]: exit status 3: iptables v1.8.7 (legacy): can't initialize iptables table `nat': iptables who? (do you need to insmod?) Perhaps iptables or your kernel needs to be upgraded.
error quit: failed to clear chain TEL_INBOUND_TCP: running [/sbin/iptables -t nat -N TEL_INBOUND_TCP --wait]: exit status 3: iptables v1.8.7 (legacy): can't initialize iptables table `nat': iptables who? (do you need to insmod?) Perhaps iptables or your kernel needs to be upgraded.
```

I've tried one solution found from searching for the error.
Running `colima ssh` and then:
```
sudo modprobe ip_tables
sudo echo 'ip_tables' >> /etc/modules
```
But it didn't help.

Any clue what is causing this and how to fix it?