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First reviews of Porsche Mission E Cross Turismo are in, and they are glowing
Porsche recently offered auto reviewers a chance to experience its latest all-electric vehicle, the Mission E Cross Turismo concept, firsthand. As could be seen in the initial reactions to the vehicle’s design and performance, Porsche’s off-road-capable, shooting brake-esque variant of the original Mission E sedan would likely be a strong contender in the electric car market.
The Mission E Cross Turismo concept, just like its Tesla Model S-rivaling sedan counterpart, features a highly aerodynamic design. Featuring generous vents on the side, a shape that optimizes airflow around the vehicle, and design elements such as Model S-esque pop-up door handles, the Mission E Cross Turismo was created with form and function in mind. Sitting on treaded General Grabber AT275/40R-20 tires, the Cross Turismo concept also adopts an aggressive stance.
Reviewers of the Mission E Cross Turismo gave the electric vehicle much praise, mainly due to its performance, which is unanimously dubbed as true to the car’s badge. Car and Driver, for one, lauded the Cross Turismo for its capability to sprint from 0-62 mph in 3.5 seconds, its electric motors that generate 600 hp, and its 90 kWh battery that gives a range of 310 miles. The Mission E Cross Turismo’s compatibility with the 350 kW IONITY network, which is capable of recharging 250 miles of range in just 15 minutes, was also mentioned as a strong point for the upcoming car.
The Porsche Mission E Cross Turismo concept. [Credit: Porsche]
The Mission E Cross Turismo is equipped with several fancy bells and whistles as well, including a drone that can take aerial videos of the electric car in action. Considering that the Mission E Cross Turismo is designed to be a vehicle that can perform equally well on and off-road, reviewers of the electric car lauded its adaptive air-spring suspension, which allows the car to raise or lower its ride height as necessary.
Inside the car itself, reviewers took particular notice to the vehicle’s rather sparse but classy interior, from its generous binnacle in front of the steering wheel to its touch panel on the passenger side. Though not as radically minimalistic as the Tesla Model 3, the Cross Turismo concept’s dashboard was found to be a departure from Porsche’s tendency to place a generous number of knobs and switches in its vehicles.
CNET Roadshow‘s Tim Stevens, one the reviewers who was given the opportunity to drive the Cross Turismo concept, ultimately stated that considering its design, features, and driving performance, the upcoming vehicle could very well make a significant impact in the electric car industry.
“The global electric car market is still quite young, and while companies like Tesla have done a great job building the stage, I can’t help but think that when the Mission E hits the market next year, it’s gonna steal the show.”
Ultimately, the Porsche Mission E Cross Turismo looks like a solid contender in the electric car market. When it starts production early next decade, vehicles such as the Tesla Model Y would likely find some competition from the electric off-roader. Porsche’s all-electric line stands to make an impact as early as next year, however, as the Mission E sedan is set to start production in 2019, followed by the Cross Turismo in 2020. Pricing for the Mission E sedan and the Cross Turismo have not been revealed by the German carmaker, though expectations are high that the latter’s cost would be in the same ballpark as the Panamera S E-Hybrid.
As Porche prepares to launch its first all-electric vehicle, the German legacy automaker is starting to increase its marketing efforts for the upcoming car. Just recently, a Mission E prototype was driven around the track by former Formula One driver Mark Webber, who noted that the sedan had similarities as the Porsche 919 Hybrid, a high-performance vehicle he drove for the company in competitions such as the 24 Hours of Le Mans.
The Mission E sedan’s concept version, which debuted at the 2015 Frankfurt Motor Show, was also taken for a spin by Maroon 5 frontman Adam Levine in a recent ad for the vehicle. In the United States, Porsche Cars North America has revealed that that it is building a network of 500 fast chargers to support the Mission E sedan’s rollout next year.
Watch Tim Stevens of CNET Roadshow take the Mission E for a test drive in the video below.
Tesla CEO Elon Musk posted a photo of himself standing with the Optimus production team inside Tesla’s Fremont factory, arms crossed amid workers in hard hats and safety vests. The image captures a pivotal industrial shift: the same facility space once dedicated to building Tesla’s flagship Model S sedan and Model X SUV is now home to the company’s humanoid robot manufacturing line.
Walking the Optimus production line in Fremont pic.twitter.com/ABS0tuRibW
— Elon Musk (@elonmusk) July 1, 2026
Tesla’s Fremont Factory, acquired in 2010 from the former NUMMI joint venture between Toyota and GM, has been the company’s original U.S. manufacturing hub since Model S production began in 2012.
The Model X followed soon thereafter. These premium vehicles offered lower annual volumes, recently around 30,000 combined, compared to the high-volume Model 3 and Model Y lines that continue around the site. Over their combined run, the S and X accounted for roughly 610,000 units.
In late January 2026, during Tesla’s Q4 2025 earnings call, Elon Musk announced the end of Model S and Model X production in Q2 2026. The final vehicles rolled off the line in early May. Rather than retooling for another vehicle, Tesla chose to convert the dedicated S/X assembly area into a dedicated Optimus Gen 3 production line.
Model 3 and Y manufacturing remains unaffected. Tesla’s official Fremont Factory page now lists Optimus alongside the 3 and Y as core products.
The conversion was executed with remarkable speed. After production stopped, crews dismantled the existing vehicle line and installed entirely new modular equipment—including lines sourced from Germany and dozens of sub-lines for actuators, batteries, and other components—in roughly four months.
Musk described the timeline as “insanely fast,” noting it would be unprecedented for any other manufacturer. Initial Optimus output is expected to ramp slowly due to the robot’s roughly 10,000 unique parts and the brand-new production processes involved. The Fremont line targets an eventual capacity of 1 million Optimus units per year.
Tesla isn’t joking about building Optimus at an industrial scale: Here we go
Optimus Development Timeline
- August 19, 2021: Optimus (then called Tesla Bot) formally announced at Tesla’s first AI Day. A concept video showed a person in a suit demonstrating the vision for a general-purpose humanoid capable of dangerous, repetitive, or boring tasks using the same AI architecture as Full Self-Driving.
- 2022: Early prototypes displayed. At the second AI Day in September, semi-functional units demonstrated walking across a stage and basic arm movements
- 2023: September videos showed improved capabilities, including sorting colored blocks, precise limb awareness, and holding a Yoda pose.
- 2024-early 2025: Factory integration videos showed Optimus navigating workspaces and handling objects like battery cells.
- January 2026: Gen 3 mass-production activities began at Fremont, with reports of over 1,000 Gen 3 units already operating inside the factory for real-world learning and AI training
- April 2026: Musk confirms Optimus production on converted Fremont line would begin in late July or August 2026. The Gen 3 reveal, originally eyed for Q1, was pushed closer to production start. A second, much larger Optimus factory at Giga Texas is under construction, with volume production targeted for Summer 2027 and long-term capacity of 10 million units annually
- July 1, 2026: Musk’s on-site visit and team photo confirm the Optimus line is operational and the transition is actively progressing
Tesla positions Optimus as potentially its largest project ever, leveraging vertical integration, AI expertise, and car-like manufacturing know-how to scale humanoid robots first for its own factories and later for broader industrial and consumer use.
The Fremont conversion serves as a critical proving ground for this ambitious new chapter in Tesla’s already-rich history.
Investor's Corner
Tesla gets its latest short from Michael Burry: ‘Happy it jumped back to this level’
Tesla short seller Michael Burry, the subject of the film “The Big Short,” where he was portrayed by Steve Carell, has revealed he has opened a new bet against the stock.
In a new update to his Substack newsletter in a post titled “Trading Post June 30, 2026,” Burry revealed a new set of bets against Tesla, Caterpillar, NVIDIA, Applied Materials Inc., and the iShares Semiconductor ETF.
In regard to Tesla, Burry wrote:
“And finally I shorted Tesla at 416.22. Happy it jumped back to this level.”
This means Burry likely opened his new short position after the company’s recent rally on Wall Street, which saw Tesla shares sink in mid-May, only to recover to well over the $400 mark. Currently, shares trade at around $427.
The company saw a big Tuesday as shares climbed considerably, over 10 percent. The size of the Tesla short was not provided, nor did Burry give any information on the position’s structure, the number of shares, dollar value, or whether options were used in the short.
The Tesla and SpaceX merger everyone is talking about is quietly building
Over the years, Burry has been one of the more vocal critics of Tesla, calling its share price “media inflated,” and saying it was “ridiculously overvalued” as recently as December.
The company has largely transitioned away from being known as an automotive company and instead is much more widely regarded as an AI play, mostly due to its Full Self-Driving efforts, Optimus robot development, and data collection related to both.
This has not pulled those skeptics away from being vocal about their distaste for how Tesla is valued, but there’s no denying that the company is a global force in many things, including sustainable energy, automotive, and AI.
Wedbush Securities is initiating stock coverage on SpaceX (NASDAQ: SPCX), marking the first comments on the company since it went public several weeks ago. Wedbush and its analyst handling coverage, Dan Ives, are widely bullish on fellow Musk company Tesla (NASDAQ: TSLA).
Ives wrote his first note initiating coverage of SpaceX shares on Wednesday with a $190 price target and an ‘Outperform’ rating. The firm believes the company is well positioned off of its IPO because of its wide array of projects, including AI compute power and infrastructure, connectivity projects, and launches.
“We view SpaceX as one of the most differentiated assets within the tech market with a strong footprint across its three core markets, with Starlink driving success with connectivity,” Ives wrote, “Starship launches leading to a demand flywheel and increasing deal flow for its Colossus clusters.”
Elon Musk called it Epic: The full story of SpaceX’s Starship Flight 12
Wedbush leans heavily on Starlink, which they say is the “profitability driver given the strength of its recurring revenue base of ~12 million subscribers as of June 5th.” Ives believes Starlink is still in the “early innings” of penetrating the global telecommunications and broadband market, as it only holds less than a 1 percent share. However, this number is sure to increase over time.
It also highlights the importance of Starship, which it says is an “essential layer” of SpaceX’s overall success. SpaceX developing and displaying the ability to reuse rockets is a major cost and reliability advantage “as it reduces the necessary hardware launch costs while generating a feedback loop for future flights to improve their launch flight rate without accelerating capex spend.”
Finally, SpaceX’s recent AI/Compute projects are also very elementary, Ives writes. It is worth mentioning Wedbush said its $190 price target is derived from a valuation forecast that sees the company yielding roughly $2.48 trillion of implied enterprise value.
There are also some factors that Wedbush did not take into account with its initial coverage. The firm wrote in the note:
“We note that there is optional value coming from Starship’s accelerating scale towards sub-$200/kg unit economics, orbital data centers, and enterprise AI monetization as these factors could drive meaningful upside but these face major hurdles, so we do not take that into account with our valuation.”
SpaceX shares are down just over 2 percent today, trading at around $167 at the time of publication.
Tesla Optimus project fires up as Musk sees production line progress
Tesla gets its latest short from Michael Burry: ‘Happy it jumped back to this level’
