Lemonade (NYSE:LMND) Q4 2025 Earnings call February 19, 2026 08:00 AM ET Speaker5Ladies and gentlemen, thank you for standing by. Today's conference call will begin shortly. If you would like to register a question at any time, please press star one on your telephone keypad. Hello, everybody, and welcome to the Lemonade Q4 2025 earnings call. My name is Elliot, and I'll be coordinating your call today. If you'd like to register a question during today's event, please press star one on your telephone keypad. ...

Core Viewpoint - Tesla CEO Elon Musk anticipates that the company will maintain the largest fleet of autonomous vehicles for the foreseeable future [1][2]. Group 1: Tesla's Autonomous Vehicle Strategy - Tesla is currently conducting trials of its Robotaxis in Austin as part of its efforts to enhance its autonomous vehicle capabilities [2]. - The company is investing in artificial intelligence and machine learning to improve its self-driving features [2]. Group 2: Competitive Landscape - The competition for autonomous vehicle leadership is intensifying, with Tesla and Alphabet's Waymo being key players [3]. - Tesla's self-driving technology primarily relies on cameras, while Waymo focuses on achieving standards that exceed human driving capabilities [3]. Group 3: Technological Developments - Nvidia's Alpamayo model, introduced at CES 2026, represents a significant advancement in physical AI, utilizing radar, cameras, and LiDAR for human-like reasoning [4]. Group 4: Insurance Implications - Investor Jim Chanos has raised concerns regarding Tesla's partnership with Lemonade on reduced insurance rates for full self-driving (FSD) vehicles, suggesting that true FSD will necessitate manufacturers to assume liability, which could alter the insurance landscape [5].