Tesla has entered into a strategic partnership with Progressive to develop specialized insurance products for its autonomous vehicles. The collaboration will utilize Tesla's vehicle telematics data to create usage-based policies, which is viewed as a significant step in the growing mobility-as-a-service sector. This move is expected to provide Progressive with a first-mover advantage in insuring autonomous vehicles. While this news points to Tesla's ongoing efforts to build out the ecosystem around its autonomous driving technology, there is no information available yet regarding the market's reaction to this announcement.