Tesla Teams Up With AT&T for More Connected Car

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Oct. 18 (Bloomberg) -- Cory Johnson examines the performance of Tesla's stock and looks at AT&T's partnership with the company. He speaks on Bloomberg Television's "Bloomberg West." (Source: Bloomberg)

Htc recently posted its first quarterly loss.

A high-speed car is now getting a high-speed connection.

Tesla is teaming up to offer high-speed wireless in all vehicles.

Cory johnson is back to explain.

Anything with tesla seems to be new.

The stock seems to move like wildfire.

The movement over the course of the last year has been just simply incredible.

High-speed indeed.

There is an announcement that at&t is going to be wired into all of these cars.

Is every car going to be a wi-fi hotspot?

One of the chief features is this ipad device that gives you all of the controls of the car, including gps.

That has been one of the complaints that a lot of owners have had, that connection is sometimes slow, the maps update slowly.

People say this is a way for tesla to address that.

How big a deal is it?

There aren't that many tesla's out there and -- out there.

To any other cars have anything like this?

No car has this kind of feature read it is a unique feature of the car.

Tesla owners have been complaining about the slow speed.

Fundamentally there have not been that many teslas sold.

Is this going to be attractive to other potential buyer seattle it sounds cool but it is just a fix on something -- buyers.

? it sounds cool but it is a fix for something that tesla has had some issues with.

What are we going to be talking about when it comes to tesla over the next year?

Do you think the sale story is going to be remarkably different?

Who knows.

The interesting thing about the company is how many cars can they ultimately sell?

They put a chart -- they put a target of 24,000 per year.

We will see if they can hit the 21,000 number.

That is going to be a crucial issue.

Then there is the question of profits.

Much of the prophet has been not been selling cars but even growth path it's. the company has said those are going to go down dramatically on the second half of the year.

We will see what impact that has on their profitability.

How difficult is it going to be to get 21,000? it is not a difficult of making 21,000, it is a question of selling that much.

Who knows of the cars can be that popular.

They have jacked up the prices quietly.

It is good to be an interesting

This text has been automatically generated. It may not be 100% accurate.


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