News
Porsche flexes e-Motorsport prowess with GT4 ‘ePerfomance’
Porsche has shown off its electric GT4 ePerformance racecar at an ice track race in Sweden.
As a leader in vehicles that put a smile on your face, Porsche is under distinct pressure to bring that same excitement and joy to the EV transition, and it’s clear that it intends to do just that. First shown at the Goodwood Festival of Speed last year, the Porsche GT4 ePerformance has made another debut, this time at an ice track race in Northern Sweden.
At the Race of Champions event in Northern Sweden, Porsche got the opportunity to show off its GT4 ePerformance project, a car that is set to define the future of electric motorsports.
The Porsche GT4 ePerformance is a serious racecar, no question about it. Fitted with carbon fiber body panels, the tried and true aerodynamics of Porsche’s fastest racecars, and a stripped interior, it is the real deal and has the performance to back it up.
The full specifications of the vehicle are not yet known, but a surprising amount of information has been revealed over the past year. First of all, the ePerformance is designed to last a minimum of 30 minutes on the racetrack, what Porsche says is the equivalent of 1 Porsche Carera Cup race, allowing drivers to push the car to its absolute limit without the worry of a dead battery mid-race.
Second, the drivetrain, likely using a dual or tri-motor system, produces similarly insane power as its gas counterparts. It packs 603 horsepower for its 30-minute race setting or up to 1088 horsepower peak. But perhaps even more surprising is the car’s incredibly quick charging. According to Porsche engineers, the vehicle can charge from 5 to 8 percent in as little as 15 minutes thanks to its 900-volt architecture.
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While Porsche did not provide a statement on the vehicle or today’s race for that matter, Porsche’s Project Manager of Sales Oliver Schwab told Teslarati:
“The 718 Cayman GT4 ePerformance blazes a trail to Porsche customer racing with electrically-powered racing cars. As a first step, we will unveil this concept to our global partners. With drivers, teams, organizers, authorities, and other interested parties, we’re also gathering ideas for Porsche racing formats in the future.”
To show off this incredible power, Porsche chose the ideal venue. For those unfamiliar, the “Race of Champions” (ROC) is a series of races that take place around the globe, forcing the best drivers on the planet to face off; on the same track, same car, and same day. This event includes participants such as four-time F1 Champion Sebastian Vettel, six-time American rally champion Travis Pastrana, ten-time F1 Champion Valtteri Botas, nine-time 24 Hour of LeMans winner Tom Kristenson, need I say more.
But merely coming to the event was not nearly enough for the thrill junkies from Stuttgart. The GT4 ePerformance was fitted with spiked tires and one of the largest wings I have ever seen mounted on a Porsche vehicle, allowing the car to rip and jump through the icy course with ease.
If this is the future of motorsport, I want it.
And thankfully, I (and many others) won’t have to wait much longer. While unconfirmed by Porsche, the high-performance electric 911 could very well make its production debut following the introduction of the company’s newest EV platform, PPE. And with the numerous benefits to handling, power efficiency, and weight reduction, the car could be a rocket ship.
According to a Porsche press release from late last year, the GT4 ePerformance will be headed to North America for the first half of this year, making a tour throughout the continent to show potential customers the incredible future of electric Porsche racing, and will ultimately end up in Asia after completing its grand tour.
Porsche has shown in today’s video that motorsports are here to stay and may flourish with the upcoming EV transition. With such a noble goal, who could oppose them? Who knows, with the dedication to its electric performance vehicle offerings, it might just be enough to drag a certain American EV maker to the same market. And if this product is a showing of Porsche’s future products, such a competitor might finally have something to worry about.
What do you think of the article? Do you have any comments, questions, or concerns? Shoot me an email at william@teslarati.com. You can also reach me on Twitter @WilliamWritin. If you have news tips, email us at tips@teslarati.com!
News
Tesla Cybercab gets a for sale date at last
Tesla Cybercab units finally got a definitive date for when they will be able to be purchased by consumers, ending speculation regarding whether the fully autonomous vehicle would be available in the near term.
During Tesla’s third-quarter 2026 earnings call on October 21, Vice President of Engineering Lars Moravy said the company is aiming to begin delivering its purpose-built Cybercab robotaxi to customers before year-end.
🚨 In short, Cybercabs are slated to go to customers by end of the year. All units are going into Robotaxi fleet currently, per @larsmoravy
Cybercab will be “transport-as-a-service,” but vast majority of Cybercab will be “Tesla-owned,” @elonmusk says https://t.co/R8Qu8QWdmp
— TESLARATI (@Teslarati) October 21, 2026
“We’re trying to get Cybercabs to customers by the end of this year, 2026,” Moravy said. He added that production is underway on the line at Gigafactory Texas, but “all of those are currently going to our own internal Robotaxi fleet.”
Moravy explained that as operations scale, Tesla will “mainly deliver fully designed autonomous vehicles to our customers,” with the Cybercab as the first such vehicle. Initial customer deliveries will start small while the company gains experience with delivery logistics, ownership models, fleet management, and operating autonomous vehicles outside its direct control.
CEO Elon Musk reinforced the limited nature of private sales, describing the Cybercab primarily as a “transport-as-a-service” offering rather than a personal ownership vehicle like the Model 3, Model Y, or upcoming Roadster. “The vast majority of the Cybercab stuff will be Tesla-owned and transport-as-a-service,” Musk said.
The Cybercab is a two-seater vehicle developed by Tesla without a steering wheel or pedals. It relies completely on Tesla’s Full Self-Driving suite and has been in production since February. Early units have been put in Tesla’s Robotaxi service as of early September, when the company launched rides to the public. Tesla previously indicated it would aim to sell Cybercabs for about $30,000.
Unsupervised Full Self-Driving is expected to ship to consumer cars during Q2 2027, Ashok Elluswamy, Tesla’s Head of AI, indicated during the call. Early buyers or fleet operators may receive vehicles whose autonomous operation remains geographically restricted due to lagging regulatory agencies. There are some hurdles that remain ahead of Cybercab deliveries.
Elon Musk
Tesla Q3 2026 Earnings results: in-line revenues, slight beat on EPS
Tesla (NASDAQ: TSLA) reported its earnings for the third quarter of 2026, marking a reasonable performance on the various financial metrics. Tesla still plans to hold a call that will field investor questions at 5:30 p.m. ET, 4:30 p.m. CT.
Here’s where Earnings came in:
- Total Revenues: $28.046 reported vs. $28.34B expected
- Non-GAAP EPS: $0.48 reported vs. $0.45 expected
- Operating Margin: 2.6 % reported vs. 2.5% expected
- Operating Income: $718M reported vs. $721M expected
- Free Cash Flow: $1.531B reported vs. ~-$4.51B expected
Tesla $TSLA Earnings Results:
Revenues: $28.046B
Non-GAAP EPS: $0.48
Operating Margin: 2.6%
Operating Income: $718M
FCF: $1.531B— TESLARATI (@Teslarati) October 21, 2026
Major Takeaways
Full Self-Driving (Supervised)
“FSD (Supervised)⁴ attach rate continued to grow, reaching over 75% of new vehicle deliveries in North America – our most mature market – a nearly twenty percentage point sequential increase. We believe that FSD is driving demand in markets where it is available, and we continue to work with regulators to get it approved in other markets.”
Tesla Semi
“We began volume production of Tesla Semi, our Class 8 heavy-duty truck. The top variant can go 500 miles at full 82,000 lbs gross combination weight while achieving an efficiency of 1.7 kWh/mile. That efficiency allows the Tesla Semi to use a third of the energy used by a comparable diesel truck to haul the same payload. In a transportation market where energy is one of the largest components of total cost per mile, this will provide a meaningful advantage to Tesla Semi operators.”
SI Compute
“We plan to reach 400 MW of SI training compute by the end of the year, supporting the development of both vehicle and humanoid robot autonomy software. Additionally, we continued construction for the Austin Fab, where we plan to start commissioning equipment in 2027.”
Robotaxi
“We began deployment of Cybercab into our Robotaxi fleet in Austin. We reached nearly two million cumulative unsupervised miles for our Robotaxi service as of the end of the quarter. Operating hours in Austin are now 6am to midnight, and we expect to reduce wait times via increased fleet supply and improvement of Robotaxi orchestration algorithms. Grok is available in Cybercab with access to Grok Bot and Connectors, which allows users to manage their inbox, calendars, files, chats and tasks – all hands free via voice command – making Cybercab a mode of transport, a productivity space and, with our entertainment options, a second living room.”
Interested in ordering a Tesla? Use my referral code for three free months of Full Self-Driving (Supervised) here.
Investor's Corner
Tesla reports Q3 Earnings today: here’s what to expect
Tesla (NASDAQ: TSLA) reports its earnings for Q3 today. Here’s what to expect, as the company will reveal its balance sheet after the market closes on Wednesday.
Tesla already reported deliveries just after Q3 ended, and it demolished Wall Street consensus estimates of roughly 462,000 vehicles. Tesla delivered 486,532 cars in the third quarter, which was a big beat, but was down 2.1 percent from the same quarter last year. Energy storage deployments were 13.7 GWh, up year-over-year.
Tesla showrooms picked clean ahead of Q3 end as demand looks strong
For the quarter, analysts have already compiled their predictions for what Tesla will report this afternoon:
- Total Revenues: $28.34B
- Non-GAAP EPS: $0.43
- Operating Margin: 2.5%
- Operating Income: $721M
- Free Cash Flow: ~-$4.51B
Here are a few things we are looking forward to hearing about on the call:
Automotive Gross Margin and Overall Profitability
This was 16.3 percent in Q2, down from 19.2 percent in Q1, and was impacted by warranty charges and some fading regulatory credits. Consensus implies overall gross margin near 18 percent, but a miss here would potentially reinforce concerns about pricing pressure on its vehicles.
Pay attention to energy storage margins as well, especially since Tesla missed GWh expectations, although it was still a strong quarter.
Robotaxi/Cybercab, Unsupervised FSD, and Optimus Progress
The Say questions from retail investors usually focus on these types of projects, and this quarter is no different. Scaling the Cybercab fleet beyond Austin amid the open NHTSA safety review, timeline for Unsupervised FSD in customer cars, Robotaxi unit economics, and Optimus cost per unit plus when it could start generating revenue, are all things to be looking for.
Any concrete timelines or regulatory path details will likely move the stock more than the near-term numbers. SpaceX merger speculation, which was detailed during SpaceX’s earnings call last night, may also surface, although the key details were shared last night.
Elon Musk just confirmed the Tesla and SpaceX merger step everyone was waiting for
Say Investor Questions
- How does the Cybercab fleet scale past Austin, and what’s the regulatory path outside Texas given NHTSA’s open safety review?
- When can we anticipate FSD unsupervised in customer cars?
- When will the CyberCab be available for customer purchase/ownership?
- What’s the unit economics per paid robotaxi mile, and how does it compare to the thirty-cent target?
- Tesla has acknowledged that HW3 vehicles cannot support unsupervised FSD. When will owners know whether they can upgrade their hardware for free, and when will Tesla provide a clear plan?
The full Earnings Call will be streamed this evening after market close around 5 p.m. this evening.