LiveOne (LVO) announces that it has surpassed a milestone of over 600,000 Tesla (TSLA) users. Of those users, over 275,000 are ad-supported users. In addition, the company reported an increase in B2B potential partnerships in their pipeline. Robert Ellin, Chairman and CEO of LiveOne commented, “We’re excited to expand our partnership with Tesla, delivering a portable, cross-device music experience. This is an explosive start to the year. Our new ad-supported offering is yielding promising results, and our latest $40M+ B2B partnerships announced over the last few months demonstrates our model’s potential for scalable growth and new revenue streams. We are confident that we will continue to sign many more partnerships throughout the year.”
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