AutoComplete: Tesla says Model 3 on track for July production
Transcript
[MUSIC]
Here's what's making news on Road Show.
Tesla says its forthcoming Model 3 is on track for a July birth.
The Silicon Valley automaker says it's much [UNKNOWN] EV will start production this summer and push to 5,000 cars a week in Q4.
That's welcome news but skeptics continue to point to the company's spotty track record.
Of delivering new models on time and in volume.
Tesla still operates at a loss but says it's trimmed year over year bleeding by two thirds to 121 million in it's latest quarterly earnings report.
Stop me if you think you've heard this one before.
Lexus and Porsche build the industries most dependable cars.
The japanese and German brands have tied for top honours in this years JD Power vehicle dependability study.
The survey looks at problems reported by original owners of 2014 model year vehicles.
Toyota was the top mass market brand in third place, and Fiat was the survey's bird cage liner placing dead last by a frightening 90 points.
Volkswagen's 2017 E-Golf has more power, range, and tech smarts for 2017.
The updated electric hatch gets a new 100 kilowatt motor with a 134 horsepower.
More importantly, it also receives a vigor 35.8 kilowatt hour battery pack.
And that bumps range from 83 miles to 125.
That's a 50% increase in range, but, it's still over 100 miles shy of Chevy's class leading [UNKNOWN].
Find more on these stories over at theroadshow.com.
We'll talk to you tomorrow.
