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Porsche begins to market the Taycan in dealerships through customer deposit program
The Porsche Taycan is expected to be released sometime next year, but the German legacy automaker is already starting its marketing efforts for the all-electric car. The stakes are high for the carmaker — if it can design the Taycan in such a way that it rivals the best electric vehicles on the market like the Tesla Model S, the company can establish itself as a leader in the emerging EV market. If the car comes up short of expectations, the Taycan will end up being delegated as a footnote in the list of electric cars that never reached their potential.
Porsche started accepting pre-orders for the vehicle earlier this year, though the company initially extended the offer to several selected countries such as Norway, partly due to the country’s open support for electric mobility. The pre-orders for the vehicle were extended to the United States recently as well, by means of a Deposit Option Program for customers residing in the country. Interested buyers can fill up an online form to be part of the program, after which they will be sent information and updates about the electric car from a selected Porsche dealer. An example of a pre-order form for US-based Porsche Taycan customers can be accessed here.
Porsche is yet to reveal the final production version of the Taycan. The legacy carmaker still uses the Mission E sedan concept in its promotional materials for the upcoming electric car. A number of camouflaged test mules have been made, but the test vehicles are disguised with elements that will surely not make it to the production model, such as twin exhaust pipes at the rear. Despite not revealing the car’s final production model, Porsche Managing Director Alexander Pollich announced last month that the company is seeing a strong, positive reception to the vehicle so far.
Among the legacy automakers that are currently developing an all-electric car, Porsche appears to be one of the most serious about its desire to transition into the electric mobility age. As details of the Taycan trickled out over the years, it became quite evident that the all-electric, four-door sedan would be a serious competitor to the mainstays of the EV industry like the Model S. Porsche even notes that the Taycan will have the same soul and pedigree found in its iconic gas-powered vehicles such as the Porsche 911. Former race car driver Mark Webber echoed this sentiment during a test drive of the car, stating that the Taycan handles and feels very much “like a Porsche.”
Back in 2014, Elon Musk stated that the hoped Tesla “could address the false perception that people have that an electric car had to be ugly and slow and boring like a golf cart.” Just a year after that, Porsche debuted the Mission E sedan concept car at the 2015 Frankfurt Motor Show, and it has become a poster child for Porsche’s transition to electric mobility ever since. Porsche even expanded the Mission E line earlier this year, revealing a more rugged, off-road version of the vehicle dubbed as the Mission E Cross Turismo. The company also stated that by 2025, it aims for “every second Porsche sold to have an electric drive unit,” meaning half of its offerings would be fully electric while the other half will be plug-in hybrids.
The Porsche Taycan is expected to feature the legacy carmaker’s trademark performance, with the vehicle listed with a 0-60 mph time of 3.5 seconds, a range of 310 miles per charge, and a top speed of 155 mph. The electric car is expected to be produced at a facility located at Zuffenhausen, a suburb in Stuttgart, Germany — the same factory where Porsche manufactures some of its finest vehicles like the 911, 718 Boxster, and the 718 Cayman. Porsche is expecting to manufacture 20,000 Taycans per year when it begins production.
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Tesla rolls out xAI’s Grok to vehicles across Europe
The initial rollout includes the United Kingdom, Ireland, Germany, Switzerland, Austria, Italy, France, Portugal, and Spain.
Tesla is rolling out Grok to vehicles in Europe. The feature will initially launch in nine European territories.
In a post on X, the official Tesla Europe, Middle East & Africa account confirmed that Grok is coming to Teslas in Europe. The initial rollout includes the United Kingdom, Ireland, Germany, Switzerland, Austria, Italy, France, Portugal, and Spain, and additional markets are expected to be added later.
Grok allows drivers to ask questions using real-time information and interact hands-free while driving. According to Tesla’s support documentation, Grok can also initiate navigation commands, enabling users to search for destinations, discover points of interest, and adjust routes without touching the touchscreen, as per the feature’s official webpage.
The system offers selectable personalities, ranging from “Storyteller” to “Unhinged,” and is activated either through the App Launcher or by pressing and holding the steering wheel’s microphone button.
Grok is currently available only on Model S, Model 3, Model X, Model Y, and Cybertruck vehicles equipped with an AMD infotainment processor. Vehicles must be running software version 2025.26 or later, with navigation command support requiring version 2025.44.25 or newer.
Drivers must also have Premium Connectivity or a stable Wi-Fi connection to use the feature. Tesla notes that Grok does not currently replace standard voice commands for vehicle controls such as climate or media adjustments.
The company has stated that Grok interactions are processed securely by xAI and are not linked to individual drivers or vehicles. Users do not need a Grok account or subscription to enable the feature at this time as well.
News
Tesla ends Full Self-Driving purchase option in the U.S.
In January, Musk announced that Tesla would remove the ability to purchase the suite outright for $8,000. This would give the vehicle Full Self-Driving for its entire lifespan, but Tesla intended to move away from it, for several reasons, one being that a tranche in the CEO’s pay package requires 10 million active subscriptions of FSD.
Tesla has officially ended the option to purchase the Full Self-Driving suite outright, a move that was announced for the United States market in January by CEO Elon Musk.
The driver assistance suite is now exclusively available in the U.S. as a subscription, which is currently priced at $99 per month.
Tesla moved away from the outright purchase option in an effort to move more people to the subscription program, but there are concerns over its current price and the potential for it to rise.
In January, Musk announced that Tesla would remove the ability to purchase the suite outright for $8,000. This would give the vehicle Full Self-Driving for its entire lifespan, but Tesla intended to move away from it, for several reasons, one being that a tranche in the CEO’s pay package requires 10 million active subscriptions of FSD.
Although Tesla moved back the deadline in other countries, it has now taken effect in the U.S. on Sunday morning. Tesla updated its website to reflect this:
🚨 Tesla has officially moved the outright purchase option for FSD on its website pic.twitter.com/RZt1oIevB3
— TESLARATI (@Teslarati) February 15, 2026
There are still some concerns regarding its price, as $99 per month is not where many consumers are hoping to see the subscription price stay.
Musk has said that as capabilities improve, the price will go up, but it seems unlikely that 10 million drivers will want to pay an extra $100 every month for the capability, even if it is extremely useful.
Instead, many owners and fans of the company are calling for Tesla to offer a different type of pricing platform. This includes a tiered-system that would let owners pick and choose the features they would want for varying prices, or even a daily, weekly, monthly, and annual pricing option, which would incentivize longer-term purchasing.
Although Musk and other Tesla are aware of FSD’s capabilities and state is is worth much more than its current price, there could be some merit in the idea of offering a price for Supervised FSD and another price for Unsupervised FSD when it becomes available.
Elon Musk
Musk bankers looking to trim xAI debt after SpaceX merger: report
xAI has built up $18 billion in debt over the past few years, with some of this being attributed to the purchase of social media platform Twitter (now X) and the creation of the AI development company. A new financing deal would help trim some of the financial burden that is currently present ahead of the plan to take SpaceX public sometime this year.
Elon Musk’s bankers are looking to trim the debt that xAI has taken on over the past few years, following the company’s merger with SpaceX, a new report from Bloomberg says.
xAI has built up $18 billion in debt over the past few years, with some of this being attributed to the purchase of social media platform Twitter (now X) and the creation of the AI development company. Bankers are trying to create some kind of financing plan that would trim “some of the heavy interest costs” that come with the debt.
The financing deal would help trim some of the financial burden that is currently present ahead of the plan to take SpaceX public sometime this year. Musk has essentially confirmed that SpaceX would be heading toward an IPO last month.
The report indicates that Morgan Stanley is expected to take the leading role in any financing plan, citing people familiar with the matter. Morgan Stanley, along with Goldman Sachs, Bank of America, and JPMorgan Chase & Co., are all expected to be in the lineup of banks leading SpaceX’s potential IPO.
Since Musk acquired X, he has also had what Bloomberg says is a “mixed track record with debt markets.” Since purchasing X a few years ago with a $12.5 billion financing package, X pays “tens of millions in interest payments every month.”
That debt is held by Bank of America, Barclays, Mitsubishi, UFJ Financial, BNP Paribas SA, Mizuho, and Société Générale SA.
X merged with xAI last March, which brought the valuation to $45 billion, including the debt.
SpaceX announced the merger with xAI earlier this month, a major move in Musk’s plan to alleviate Earth of necessary data centers and replace them with orbital options that will be lower cost:
“In the long term, space-based AI is obviously the only way to scale. To harness even a millionth of our Sun’s energy would require over a million times more energy than our civilization currently uses! The only logical solution, therefore, is to transport these resource-intensive efforts to a location with vast power and space. I mean, space is called “space” for a reason.”
The merger has many advantages, but one of the most crucial is that it positions the now-merged companies to fund broader goals, fueled by revenue from the Starlink expansion, potential IPO, and AI-driven applications that could accelerate the development of lunar bases.
Tesla rolls out xAI’s Grok to vehicles across Europe
Tesla ends Full Self-Driving purchase option in the U.S.
