Morgan Stanley analyst Bob Huang says the Tesla (TSLA)/Lemonade (LMND) partnership underscores more opportunities in auto insurance, as higher repair costs, unclear liability, and disrupted risk segmentation should support premiums and product innovation over time. In the firm’s view, Lemonade’s AV insurance product validates autonomous driving progress. Morgan Stanley Tesla/Lemonade deal will chart a path for auto insurance future, not destroy it.
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