Tesla to End LiveOne Streaming Subsidies for Customers, Sending LiveOne Stock Down 23% ...Middle East

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Tesla to End LiveOne Streaming Subsidies for Customers, Sending LiveOne Stock Down 23%
Music streaming company LiveOne will continue to have a relationship with auto manufacturer Tesla but with less advantageous terms. Starting in December, Tesla will no longer subsidize LiveOne products for some of its customers.  For years, LiveOne’s relationship with Tesla has been a cornerstone of its music streaming business; Tesla vehicles sold in the U.S. with Tesla’s Premium Connectivity package included a membership to LiveOne’s Slacker Radio that was paid by the car maker. The “streaming” button on the Tesla console led drivers to the subsidized, LiveOne-powered streaming platform without needing to connect to

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