Sep. 4 at 2:19 PM
Autonomous driving could end up being one of the greatest gifts
$LMND ever receives.
Lemonade just launched its car insurance in Missouri and, from DAY ONE, it’s offering
$TSLA drivers a 50% discount for every mile driven with FSD (Supervised).
You know why, right?
DATA, DATA AND MORE DATA. 📊
Since launching in Florida on August 26, Lemonade Car is now available in states representing nearly 50% of the U.S. auto insurance market.
If autonomous miles ultimately produce fewer accidents and
$LMND can measure exactly WHEN the human is driving and WHEN the software is driving, it could price risk far more accurately than a traditional insurer.
Autonomy won’t be a threat to Lemonade.
It could become a competitive advantage. 🍋
