Is Sirius XM Finally a Tesla Stock Play?
A nagging blindspot for Sirius XM Holdings (NASDAQ: SIRI) investors and most (NASDAQ: TSLA) drivers is finally starting to fade in the rearview mirror. Tesla's best-selling vehicles -- the Model Y, Model 3, and Cybertruck -- don't ship with factory-installed satellite radios. Only the higher-priced Model S and Model X come with Sirius XM receivers, but those cars accounted for less than 4% of Tesla's deliveries last year.
An owner of one of the more widely owned models has had to use Bluetooth connectivity to stream from their phone app or use Tesla's web browser to access an active Sirius XM subscription. The process is getting far more seamless this week as Tesla pushes out its holiday update.
In a move that is long overdue, Tesla's latest over-the-air software update introduces an application to stream the country's only satellite radio provider's platform from the car's app tray. It's better late than never, and given Sirius XM's moribund stock chart anything that can get it dancing to a new beat is welcome.
Source Fool.com
Tesla Inc Stock
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