Benzinga·2026-01-22 06:40Core Viewpoint - Investor Jim Chanos has criticized the collaboration between Lemonade Inc. and Tesla Inc., suggesting that the partnership is misleading and that true Full Self-Driving (FSD) technology would eliminate the need for driver insurance [1][2]. Group 1: Lemonade's Collaboration with Tesla - Lemonade announced a partnership with Tesla to offer a 50% rate reduction for insurance on vehicles engaged in FSD driving, citing data that indicates these vehicles are involved in significantly fewer accidents [3]. - Lemonade's CEO, Shai Wininger, emphasized the safety benefits of Teslas driven with FSD, which supports the rationale for the reduced insurance rates [3]. Group 2: Safety Concerns and Regulatory Scrutiny - Despite the claims made by Lemonade, there are ongoing concerns regarding the safety of Tesla's autonomous driving systems, with multiple lawsuits alleging that these systems have caused fatalities [4]. - The National Highway Traffic Safety Administration (NHTSA) has initiated a probe into Tesla's autonomous driving technology following reports of incidents involving vehicles operating in autonomous mode, raising further questions about the safety and reliability of these systems [4]. Group 3: Market Performance - Tesla's stock price increased by 2.91% to $431.44 at market close on Wednesday, with an additional gain of 0.63% to $434.15 in after-hours trading, indicating a favorable market response [5].