Yahoo Finance·2026-01-22 19:03Core Viewpoint - Lemonade's stock surged to a four-year high following the launch of a discounted insurance program for Tesla drivers utilizing full self-driving features, reflecting strong investor interest in the new offering [1][5]. Group 1: Insurance Program Launch - Lemonade introduced an Autonomous Car Insurance plan that offers a 50% discount on miles driven with Tesla's autopilot engaged, marking a significant shift in their insurance offerings [4][8]. - The plan will initially be available in Arizona starting January 26 and in Oregon in February, with Lemonade currently offering car insurance in only 10 states [4]. Group 2: Background and Development - The concept for Tesla insurance originated from a tweet by CEO Shai Wininger in October 2025, where he proposed integrating Tesla's in-car data with Lemonade's drive-tracking systems for more accurate data [2]. - Initially, the idea did not gain traction, leading to an 8% drop in Lemonade's stock over two days following the announcement [3]. Group 3: Future Plans and Market Position - Lemonade plans to expand its FSD rebates to additional states and eventually to other self-driving vehicles, starting with Tesla due to its leadership in the full self-driving market [9].