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.
Fool contributor Eric Volkman has no position in any stocks mentioned. The Motley Fool recommends and owns shares of Tesla Motors. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.