But it's far from perfect. Probably not. The upgrade changed our range a bit but increased the speed to 155 miles per hour. I think the ad load has been largely consistent over the last few quarters. And I also believe that over time, many of our competitors are going to be increasing ad load, and that obviously benefits us from the standpoint of what we can do in our products as well. I don't know if Jennifer, you want to jump in on listening behavior and anything else in the streaming side. Unless you've researched the pros and cons, we recommend against buying an older or higher-mileage used EV, as aging battery technology creates unique challenges. Watch live TV or on-demand, when you want, where you want. In Performance trim, it's also extremely. modern and high-tech but perhaps too stripped-down for the luxury price it commands. It's also comfortable, practical and generously equipped. And then just a follow-up on Steve's prior question on the EV penetration. Yes. And you're not going to want to miss all we've experienced so far. Mustang Mach-E GT Performance is the direct rival to the Tesla Model Y Performance. The Y also lags the rest of the industry when it comes to smartphone integration. Several of our team members have said they don't like how uncomfortably stiff this ride feels. These incredible experiences continue to prove a valuable and unique subscriber benefit with our Enter to Win campaigns reaching record highs, while promotions through dedicated pop-up channels rebroadcast across our most popular stations and other on-demand content in the SXM App contributed to a 22% year-over-year lift in on-demand listening. We also kicked it up a notch for the optimum driving experience checking the full self-driving capability box that we paid an extra 5K for, an option that now will cost you 15K. And as that grows and becomes more material, we can revisit that in the future. And even though a few people had a little bit of trouble folding the rear seat down initially, overall, we found the extra space to be useful. Calculated by average return of all stock recommendations since inception of the Stock Advisor service in February of 2002. So this constellation refresh signals our commitment to maintaining premium services on our low-band spectrum and will also give us options to create new revenue streams on this portion of our spectrum over the long term. -- back now. And while you're at it, head over to edmunds.com for all your car shopping needs. Stay up to date on the latest golf news, gear, instruction and style from all the major tours and leaderboards around the world. The touchscreen interface and lack of dedicated smartphone integration can be annoyance at times, but overall the 3 is a great pick for an EV. So I don't -- I'm not going to talk about the deal economics for sales. The latest news, sports, music and entertainment videos on Dailymotion We expect cash taxes, which were $82 million in 2021, to grow to approximately $270 million this year. It's logical given that many of the initial EV launches have been targeting higher affluent customer base, and that's where we obviously do really well. But unfortunately, it is still not self-driving as promised. The main downside is that it doesn't have as much range as some rivals. park. We anticipate that continued softness will continue to impact the trial funnel and self-pay net adds into Q4 and into next year. Thank you. I think satellites 11 and 12 are going to be ramping pretty soon. It also boasts an attractive interior, a long list of tech and safety features and surprisingly quick acceleration. Calculated by Time-Weighted Return since 2002. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability. You saw some of the charges we took in Q3. Offer valid on qualifying purchases of eligible Apple products from November 25, 2022, to November 28, 2022, at a qualifying location. Car Reviews, Videos, and News. The Cross Turismo is the wagon-like version of Taycan. Streaming also remains an important part of our value proposition for our in-car subscribers. JONATHAN ELFALAN: I notice that when I'm driving on a bumpy road and I'm rolling up the windows in our Model Y Performance that the windows will sometimes go back down. Advice, insight, profiles and guides for established and aspiring entrepreneurs worldwide. The AMG EQS 53 4Matic+ feels like a more hopped-up version of the standard EQS sedan, enhanced with more power and a sport-tuned chassis. Recently, we've made algorithm improvements that include scaling up our model and adding more signals derived from listener interactions with songs and artists. And just back to what Sean said about ad load and things like that, I do -- we can -- we do have a lot of great science on how to appropriately put advertisers in front of different listener cohorts. Stock Advisor list price is $199 per year. These are just the start of a series of improvements in the SiriusXM products that we will be making in the coming months. There are a few drawbacks, such as mediocre rear seat space, but overall the EQS is a smart pick for a luxury EV. James, thank you for participating in our call. We recently extended our NFL agreement as the exclusive third-party audio broadcaster of every NFL game, and we continue to cover sports underserved by other outlets. Hi. SPEAKER 2: More power. And thanks, everybody, for joining today. In the coming months, SiriusXM will be available for the first time in Lucid's full lineup of electric vehicles. And I do think that gives us some opportunity on pricing. We have not seen any real negative impacts on non-pay or canceled demand on the voluntary side that would indicate that there is a different health of the consumer to be concerned about. We advise listeners to not rely unduly on forward-looking statements and disclaim any intent or obligation to update them. As it relates to political, we do participate in the political cycle. The electric vehicle cars that are being produced by the OEMs that we have had relationships for years, our -- the pen rates are very similar to what we see on the combustion engine side. But I do -- we do see dynamics where we're recapturing prior users coming back to the service for specific stations that they've set up previously. And generally, they have those capabilities in the free tiers that they offer. Volatility profiles based on trailing-three-year calculations of the standard deviation of service investment returns. And now our Model Y, everything breaks in some way. Easy to drive and easy to use, the EQS 580 is a clear indication of what's to come from Mercedes-Benz. And going forward, it may look different depending upon the EV automaker. But the Lighting's full-size truck credentials come into question when you want to tow due to modest limits and a severely restricted range. Thank you. Then I have a follow-up. We have many more satellite subscribers listening outside of the car, and that continues to drive engagement across those subscribers. By. The EUV trades a marginal amount of speed and nimbleness for its gains, and it also costs a bit more, but we think its worth it. While our streaming business is still at an early stage, we are investing in building out the experience and our capabilities in anticipation that it will become a much more significant part of our subscriber mix in the near future, even as auto sales rebound over time. And on one particular occasion, it took about four days to get our car back from service because either the parts weren't available, or they never got into contact with us. This means less cargo room and rear seat space compared to other EVs, but also some classic Mini benefits such as quick acceleration and nimble handling. is a technological masterpiece that manages to deliver incredible comfort and effortless driving one moment and outstanding performance the next. We have consistently raised prices. Thanks, Hooper, and good morning, everyone. But also, as we learn which channels are more effective for our business, we continue to optimize there. In the world of cost-effective EVs, the Leaf's game is strong. So I don't know if, Jennifer, you want to comment where they're going specifically. While we strive for our Foolish Best, there may be errors, omissions, or inaccuracies in this transcript. Lastly, we remain incredibly bullish on the broader entertainment, political, and news talk audio ecosystem that we were continually cultivating. With our Model Y, we've definitely seen a bit of a decrease, about 3% of a loss, in just two years. So there's really not a difference in pen rates for all the other OEMs that we've been working with over all these years. The Model Y Long Range might not have the crazy acceleration of the Performance model, but it's the version we prefer. This means less cargo room and rear. We have significant capacity to continue investing in the business, evaluating strategic opportunities and to continue returning capital to our stockholders. What's their behavior as far as home car and other out-of-home usages? What am I talking about exactly? After his fiance Andrea Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. To make the world smarter, happier, and richer. But along the way, the Model Y has been on the highways, byways, land, and sea. It also boasts an attractive interior, a long list of tech and safety features and surprisingly quick acceleration. We'll now take our next question from Jessica Reif Ehrlich at Bank of America. But there are better options out there if you're after a cushy ride or lots of cargo space. Its unique. A mixed bag of innovation and gimmickry, the Tesla Model X is an all-electric SUV that commands attention. Can you help us break that down in pricing or any changes in ad loads? prefer. In addition, free cash flow felt the material impact of a $56 million year-over-year increase in cash taxes as most of our federal net operating loss carryforwards became fully utilized last year. As you know from your years focusing on our business, on the satellite side, we have upfront SAC that doesn't necessarily tie to producing a subscriber. The Olympian kept her pregnancy under wraps, surprising her Instagram followers with a baby photo on January 5. This past quarter saw launches of new artist shows, channels, and special events. The two products will allow us to offer brands more solutions in podcast advertising. So it's just a smidge above what's standard. Get the latest news and analysis in the stock market today, including national and world stock market news, business news, financial news and more And we will soon be launching a full-time original Team Coco comedy channel available only to SiriusXM subscribers, tapping into the large-scale fandom behind his popular podcast, Conan O'Brien Needs a Friend. It's still pleasingly quick but is smoother riding, and as its name states, has a longer range. And in two years, that price has jumped. I mean you'd kind of call out and mentioned on the call more targeting. Yes, Steven. The Chevrolet Bolt boasts quick acceleration, a very approachable price and 278 miles of range when driven on Edmunds real-world EV range loop. If you can get past its slightly polarizing design, you may just fall in love with this electric BMW. The Kona Electric is a favorite among the more accessible EVs. The third quarter also saw a strong performance in our sports category. News Now clips, interviews, movie premiers, exclusives, and more! And it's not minor enough to overlook at any price point. The all-electric iX is spacious, comfortable, surprisingly efficient and ridiculously agile for its size. In the first five to 10 years of owning an EV, it's normal for an EV battery to decrease in capacity at least a percentage a year. I mean anything you could share there would be great. This Model Y has delivered when it comes to space as well. Along with a host of standard advance driving. And then secondly, just wanted to see if you could provide any additional color on your streaming-only subscribers in terms of -- I know, Sean, you don't disclose subs yet, but I don't know if you can give us some rough contribution to net adds in the quarter. We'll move on to our next question from Stephen Laszczyk at Goldman Sachs. Is it holding up OK? It's still a good bit of fun, though, and the combination of excellent in-car tech, its wide array of driver aids, and generally charming personality make it well worth a look. Because everything in this Model Y is controlled by this central screen, I'm talking air, heat, mirror position, you name it, everything right here, our team, including myself, found it very distracting to try and control all this while also trying to focus on driving. I would like to remind everyone that certain statements made during the call might be forward-looking statements as the term is defined in the Private Securities Litigation Reform Act of 1995. The Niro EV is one of the best electric vehicles and worth checking out. So for example, the expiry of the pre-'72, that's a 2015 event that expire to the end of '22. It's been months since I've driven our Model Y. The official source for NFL news, video highlights, fantasy football, game-day coverage, schedules, stats, scores and more. Drag Race in the Dirt! In this slightly larger package you get slightly more space, comfort and amenities. And so the dynamics of that may shift in a given quarter, whereas the funnel is obviously clearly a function of what automotive trials are in a given period. The Polestar 2 is a smart pick for a small, upscale EV. There are a few drawbacks, such as mediocre rear seat space, but overall the EQS is a smart pick for a luxury EV. touchscreen interface and lack of dedicated smartphone integration can be annoyance at times, but overall the 3 is a great pick for an EV. Obviously, we're really focused on cost per trial as it relates to LTV of these subscribers. Edmunds' experts test 200 vehicles per year on our test track. Goodbye. Sirius XM Holdings Inc. (SIRI-1.85%) Q3 2022 Earnings Call Nov 01, 2022, 8:00 a.m. Buffett Just Bought $4 Billion of It, 2 Social Security Changes That Could Hurt You Financially in 2023, Retirees In These 12 States Risk Losing Some of Their Social Security Checks, Nasdaq Bear Market: 5 Jaw-Dropping Growth Stocks You'll Regret Not Buying on the Dip, Join Over 1 Million Premium Members And Get More In-Depth Stock Guidance and Research, Copyright, Trademark and Patent Information. To help showcase our offering, this past quarter, we launched the second installment of our national ad campaign, the Home of SiriusXM, highlighting several content categories such as comedy, sports, lifestyle podcasts, and multiple music genres. We'll speak to you soon. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services. Thank you for joining us today. The Taycan is a technological masterpiece that manages to deliver incredible comfort and effortless driving one moment and outstanding performance the next. There wasn't much communication with regards to when the car would be ready. And then, Jessica, I think your last question was about the number of streaming subs. Please go ahead. LAUREN MCCAY: Another plus to the Model Y that has really stuck out to us so far is the battery range prediction calculator that appears at the top of the screen. The minimalistic design is. The Polestar 2 is the first all-electric model from Volvo's upstart brand. Edmunds real-world EV range loop. While it can't quite match the range of the equivalent Tesla Model Y or Ford Mustang Mach-E models, there's still plenty to love about this all-new all-electric SUV. You'll hear some feedback from our team members, including myself, about a few points we think you should consider before buying one yourself. There are some tailwinds, I think, with other audio and video services raising prices. But I got back in it for a few days this week and it didn't disappoint to disappoint. In this video, I'm checking in with you about how it's been going. Thank you. It's also comfortable, practical and generously equipped. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. The GV60 is brimming with technology, power and comfort. Your line is open. Non-Pandora ad revenue was about 38% of the company's total ad revenue during the quarter, and we expect this to continue growing over time. We ended the third quarter at 3.5 times net debt-to-EBITDA within the low to mid-3s range we previously articulated. Announced yesterday, all Lucid customers will receive an over-the-air update in the coming months, launching a free beta version of SiriusXM. It's the first of many electric vehicles from Genesis. In addition, our 360L platform launched in the popular 2023 Nissan Ultimate, and we should exit this year with 360L installations, up approximately 500 basis points as a percentage of new SiriusXM-enabled vehicles compared to the end of 2021. Acceleration and handling. And then on the streaming side, we have all the benefits of interactive capabilities, personalization, and back channel on data. So taking a short trip is no biggie because there's space to put all your things. And then also, anything on the behavior of that customer as far as engagement, churn, demographics, and maybe anything on their broader listening behavior? Whether or not it has overly sensitive anti pinch sensors, or the suspension is just that stiff, this is an issue that I've encountered more than once. The Model 3 spans a broad price range allowing it to compete in both standard and luxury segments. So good one there. And then maybe, Sean, as you think about expense growth into next year, you mentioned cost discipline and some of the pressures on the licensing front. So we'll do that. In 2018 the Tesla Model 3 had little competition in the EV space, offering plenty of range, performance, and technology. It's comfortable and fun to drive around turns. November 14, 2022. And with that, I'll turn it over to Sean. Wow. ET. Sports have a proven appeal to new subscribers with trailers who listen to sports channels converting to paid subscribers at a higher rate and one subscribed sticking around with higher retention rates. So what's the maintenance on this thing look like after 25,000 miles? The AMG EQS 53 4Matic+ feels like a more hopped-up version of the standard EQS sedan, enhanced with more power. I think the preferred solution for us is 360L because we get the benefit of broad-based availability with satellite distribution and efficient economics certainly in the near to medium term. Good morning. The EQS 580 is one of the best luxury EVs around thanks to its impressive technology, driver comfort and exceptional range. So this is just an indication of how we continue to innovate using our Ad technology. While it's quick, and surprisingly comfortable, the AMG EQS doesn't offer the same headline-grabbing speed as other top-flight luxury electric sedans in this class. The Model Y is a stylish and roomy electric SUV with strong appeal. *Stock Advisor returns as of September 30, 2022. Used electric vehicles can be an excellent value because of steeper-than-average devaluation in the first few years. Jessica Ehrlich -- Bank of America Merrill Lynch -- Analyst. 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