News
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.
Elon Musk
SpaceX to launch Starlink V2 satellites on Starship starting 2027
The update was shared by SpaceX President Gwynne Shotwell and Starlink Vice President Mike Nicolls.
SpaceX is looking to start launching its next-generation Starlink V2 satellites in mid-2027 using Starship.
The update was shared by SpaceX President Gwynne Shotwell and Starlink Vice President Mike Nicolls during remarks at Mobile World Congress (MWC) in Barcelona, Spain.
“With Starship, we’ll be able to deploy the constellation very quickly,” Nicolls stated. “Our goal is to deploy a constellation capable of providing global and contiguous coverage within six months, and that’s roughly 1,200 satellites.”
Nicolls added that once Starship is operational, it will be capable of launching approximately 50 of the larger, more powerful Starlink satellites at a time, as noted in a Bloomberg News report.
The initial deployment of roughly 1,200 next-generation satellites is intended to establish global and contiguous coverage. After that phase, SpaceX plans to continue expanding the system to reach “truly global coverage, including the polar regions,” Nicolls said.
Currently, all Starlink satellites are launched on SpaceX’s Falcon 9 rocket. The next-generation fleet will rely on Starship, which remains in development following a series of test flights in 2025. SpaceX is targeting its next Starship test flight, featuring an upgraded version of the rocket, as soon as this month.
Starlink is currently the largest satellite network in orbit, with nearly 10,000 satellites deployed. Bloomberg Intelligence estimates the business could generate approximately $9 billion in revenue for SpaceX in 2026.
Nicolls also confirmed that SpaceX is rebranding its direct-to-cell service as Starlink Mobile.
The service currently operates with 650 satellites capable of connecting directly to smartphones and has approximately 10 million monthly active users. SpaceX expects that figure to exceed 25 million monthly active users by the end of 2026.
Elon Musk
Elon Musk’s xAI and X to pay off $17.5B debt in full: report
The update was shared initially in a report from Bloomberg News, which cited people reportedly familiar with the matter.
Elon Musk’s social platform X and artificial intelligence startup xAI are reportedly preparing to repay approximately $17.5 billion in outstanding debt in full.
The update was shared initially in a report from Bloomberg News, which cited people reportedly familiar with the matter.
Morgan Stanley, which arranged the debt financing for both companies, has reportedly informed existing lenders that X and xAI plan to pay back the full amount of the $17.5 billion debt. Bloomberg’s sources did not disclose where the capital for the repayment would be coming from.
X, formerly known as Twitter, assumed roughly $12.5 billion in debt during Musk’s acquisition of the company. xAI separately borrowed about $5 billion through bonds and loans last June. The two firms merged last year under xAI Holdings.
Bloomberg noted that portions of the debt are relatively recent and may carry early repayment penalties. xAI’s $3 billion in high-yield bonds are expected to be redeemed at 117 cents on the dollar, reflecting a premium since the debt was expected to stay outstanding for at least two years.
X has been servicing tens of millions of dollars in monthly debt payments, while xAI has reportedly been burning approximately $1 billion in cash per month as it invests heavily in data centers, chips, and AI talent. That being said, xAI also concluded a funding round in January, where it raised $20 billion of new equity.
The repayment plans come as Musk consolidates several of his businesses. SpaceX recently acquired xAI, making it a subsidiary as the company explores plans for space-based data centers. The combined entity has been valued at approximately $1.25 trillion.
Bloomberg previously reported that SpaceX is targeting a confidential IPO filing as soon as this month, potentially positioning the private space firm for a public listing later this year. Representatives for Morgan Stanley declined to comment, and X and xAI did not immediately respond to requests for comment.
News
Tesla Giga Berlin head calls out Handelsblatt’s claimed 2025 production figures
Andre Thierig, Senior Director of Manufacturing at Giga Berlin, published a detailed post on LinkedIn challenging several points made in the publication’s coverage of the Grünheide facility.
Tesla Gigafactory Berlin’s plant manager has publicly pushed back against recent reporting by German business publication Handelsblatt, which cited reportedly erroneous data about the factory’s production figures and financial performance.
Andre Thierig, Senior Director of Manufacturing at Giga Berlin, published a detailed post on LinkedIn challenging several points made in the publication’s coverage of the Grünheide facility.
In his LinkedIn post, Thierig called out Handelsblatt’s claim that 149,000 Model Y vehicles were produced at Giga Berlin in 2025. He noted that “the article is simply filled from front to back with false information and claims!
“I have to set the record straight here! In the last article about Tesla in Grünheide, the Handelsblatt speaks e.g. of 149,000 Model Ys built in 2025. WRONG!
“In 2025, we again produced over 200,000 vehicles. And this despite the fact that we stopped production in Q1 for the changeover to the new Model Y and then ramped it up again to 5,000 units per week over several weeks,” Thierig wrote.
He added that production increased each quarter in 2025 compared to the prior quarter and stated that more than 700,000 Model Y units have been produced at Grünheide since manufacturing began in 2022. For the first quarter of 2026, he stated that the factory is planning another production increase compared to the fourth quarter of 2025.
Thierig also questioned Handelsblatt’s reported 0.74% profit margin, writing that how the publication calculated the figure “remains reserved for their secret ‘calculation skills.’”
Beyond production data, Thierig highlighted Tesla’s broader footprint in Germany, stating that the company has invested more than €5 billion in Grünheide since 2020 and created nearly 11,000 permanent, above-tariff jobs. He added that Tesla is currently investing nearly €100 million into battery cell production at the site, which is expected to generate several hundred additional positions.
In a follow-up comment, Thierig noted that he did communicate with the publication’s editor-in-chief in an effort to “start fresh,” but he was informed that Handelsblatt’s current approach works just fine.
“Last year, I spoke to a representative of the Handelsblatt editor-in-chief and suggested that we “start anew” again. Handelsblatt turned down this offer on the grounds that their current approach works well for them,” Thierig noted.
Sönke Iwersen, Head of Investigative Research at Handelsblatt, responded to Thierig’s post, stating that the newspaper’s figures were based on Tesla’s own annual financial statements for the Grünheide entity.
He cited reported 2024 revenue of €7.68 billion, operating profit of €156.8 million, and net income after taxes of €55.6 million. Iwersen also referenced prior public comments from Elon Musk about Cybertruck demand, noting the gap between reported pre-orders and subsequent annual sales figures.
He also stated that the works council election eligibility figures Giga Berlin had dropped to 10,703 employees today from 12,415 two years ago.
“As far as production figures are concerned, these are figures from the data service provider Inovev. This is also stated in the article. Please compare this with Elon Musk’s information on demand for the Cybertruck. According to Musk, there were one million pre-orders. In the first year, 39,000 units were sold, in the second year 20,000. How can this be explained? With a million pre-orders?
“You yourself have repeatedly pointed out in recent months that no jobs would be cut in Grünheide because Tesla is different from the competition. Now a new works council is being elected in Grünheide. 10,703 people are eligible to vote. Two years ago, 12,415 people were eligible to vote. So there were exactly 1712 fewer from 2024 to 2026,” Iwersen wrote.
SpaceX to launch Starlink V2 satellites on Starship starting 2027
Elon Musk’s xAI and X to pay off $17.5B debt in full: report
