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Tesla Signs Wireless Connectivity Deal With AT&T

Tesla Motors (NASDAQ: TSLA  ) has phoned in a new wireless deal with telecom incumbent AT&T (NYSE: T  ) . The latter company announced that it is to provide high-speed wireless connectivity in the carmaker's vehicles. The terms of the deal were not made public. 

The wireless access will be used for the broadcasting of remote engine diagnostics and telematics, as well as information and entertainment offerings for the cars. These include Internet radio, Web surfing, and navigation aids.

In the press release heralding the news, the telecom giant quoted Tesla CEO and co-founder Elon Musk as saying that "AT&T's advanced and reliable wireless connectivity will help Tesla continue to deliver a cutting-edge ownership experience."

The so-called "connected car" is a strong trend in the automobile and tech industries at the moment. Tech firms as diverse as Pandora and Qualcomm are featuring vehicle connectivity products at the current Consumer Electronics Show in Las Vegas.

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  • Report this Comment On January 08, 2014, at 10:40 PM, Zuni wrote:

    I hope nobody travels abroad with one of the Tesla's. From my experience with Verizon they stretch the truth in their signal coverage. And, in foreign countries Verizon seems to outright lie about their coverage. I have not heard good reports on domestic AT&T coverage. T-Mobile is better than AT&T. This summer an engineer friend bought Verizon, T-Mobile & AT&T mobile broadband for side by side comparison. He does a lot of work in the field. T-Mobile was significantly faster.

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Eric Volkman

Eric has been writing about stocks and finance since the mid-1990s, when he lived in Prague, Czech Republic. Over the course of a varied career, he has also been a radio newscaster, an investment banker, and a bass player in a selection of rock and roll bands. A native New Yorker, he currently lives in Los Angeles.

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9/1/2015 4:00 PM
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