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Lemonade to cut insurance rates for Tesla drivers in endorsement of EV maker's software technology

accident

SAN FRANCISCO, Jan 21 : U.S. insurer Lemonade said on Wednesday it would offer a 50 per cent rate cut for drivers of Tesla electric vehicles when the automaker's Full Self-Driving (FSD) driver assistance software is steering because it had data showing it reduced accidents.  Lemonade's move is an endorsement of Tesla CEO Elon Musk's claims that the company's vehicle technology is safer than human drivers, despite concerns flagged by regulators and safety experts.  As part of a collaboration,

Tag-uri: accident

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Lemonade to cut insurance rates for Tesla drivers in endorsement of EV maker's software technology https://www.channelnewsasia.com/ - 22.01.2026 00:47
Lemonade to halve Tesla insurance rates for miles driven with software assistant https://www.channelnewsasia.com/ - 21.01.2026 16:34
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