Lemonade Stock Surges 23% on Tesla Partnership
ByAinvest
Friday, Jan 23, 2026 8:36 pm ET1min read
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Lemonade's stock rose 23% this week after announcing a partnership with Tesla for its new Autonomous Car insurance business. The collaboration will see Lemonade offer a 50% lower per-mile rate for Tesla drivers using FSD capabilities. This partnership fits perfectly into Lemonade's AI-powered insurance operations and gives it a head start in the potentially massive niche of autonomous driving insurance.
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