Lemonade Introduces Autonomous Vehicle Insurance and Lowers Tesla FSD Rates

Tesla, Inc. (NASDAQ:TSLA) is among the 7 Best Lithium and Battery Stocks to Buy Right Now.

On January 21, 2026, TheFly reported that Lemonade introduced Lemonade Autonomous Car insurance for self-driving cars, debuting with Tesla, Inc. (NASDAQ:TSLA) Full Self-Driving (FSD). The new product reduces per-mile rates by about 50% when FSD is activated. Lemonade will have access to vehicle data to improve usage-based risk models, differentiate between autonomous and human driving, and evaluate risk based on autonomous software version due to a technical partnership with the EV king. The policy encourages households with a combination of Tesla, Inc. (NASDAQ:TSLA) and non-FSD vehicles, as well as intermittent FSD use. The rollout starts on January 26 in Arizona and one month later in Oregon.

Separately, on January 19, Reuters reported that the corporation stands to gain from Canada’s decision to lower taxes on Chinese-made EVs from 100% to 6.1%. It permits up to 49,000 vehicles each year. In 2023, Tesla, Inc. (NASDAQ:TSLA)’s Shanghai plant had been modified to produce Model Ys specifically for Canada. Prior to tariffs stopping exports, the plant had been shipping cars. The company has a competitive advantage over Chinese EV companies due to its well-established Canadian network of 39 outlets and streamlined production processes. This allows for quicker market entry and flexible car deployment under the new trade deal.

Tesla, Inc. (NASDAQ:TSLA) is a vertically integrated battery electric vehicle manufacturer and developer of real-world artificial intelligence software, such as self-driving cars and humanoid robots.

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Disclosure: None. This article is originally published at Insider Monkey.