AutoComplete: Tesla improves sales and revenue, still posts Q1 2017 loss
Cars
Here's what's making news on the RoadShow.
Test less first quarter financials are now public and both sales and revenue are up.
However, thanks to an expensive SolarCity acquisitions and other factors.
The company still post at a loss of about 330 million.
Year over year vehicle production is up 64% and that helped the company pickup nearly double the revenue it did in Q1 of 2016.
Tesla also used the occasion to discuss how it's ramping up its service and production efforts ahead of the model 3. VW wants everyone in the car tab access to its latest infotainment system.
The Volkswagen media control app available for both iOS and Android allows passengers to control the car's navigation and audio systems using an wi-fi enabled device.
Thankfully if you're worried your passengers might crank the volume up to 11 you can disable it.
Expect to see this feature enabled on VWs latest including the refreshed for 2018 Golf.
Porsche claims it doesn't care about Nurburg ring lap times but it's 2018 911 GT 3 just pulled off an impressive one.
The new GT3 posted a time of 7:12.7 seconds and that's more than 12 seconds quicker than the previous version, despite adding only 25 horsepower.
You're more than welcome to try and beat that record in your own GT3, but don't expect any leniency from Porsche when you stuff yours into the guard rails.
Find more on these stories over at the Road Show.com.
We'll talk to you tomorrow.
