News
Porsche Mission E pre-production pics reveal new details about Tesla rival
Details of the pre-production variant of Porsche’s rival to the Tesla Model S, the Mission E, was recently revealed in the German carmaker’s Annual & Sustainability report for 2017. The images of the Mission E pre-production units reveal similarities and changes to the vehicle’s eye-catching concept that Porsche revealed during the 2015 Frankfurt Motor Show.
Details of the pre-production Mission E in Porsche’s recent report include the electric car’s passenger doors, which appear to have taken a step away from the concept version’s suicide doors. The pre-production design’s front, however, carries over much of the details found on the concept, including the eye-catching aerodynamic lines that bend into the car’s headlights.
The pre-production Mission E’s storage spaces were also visible in the images provided by the German legacy carmaker. Based on the photos, the frunk of the pre-production Mission E appears to be in the same ballpark as the Model 3. Thanks to its broad-hipped design, the Mission E’s rear trunk seems to have a lot of space as well.
Also included in the report is an image of the vehicle’s charge port, which is designed to be compatible with the IONITY charging network. As we noted in a previous report, the IONITY network, which is built in collaboration by the Volkswagen Group, BMW Group, Daimler AG, and the Ford Motor Company, is designed to rival Tesla’s Supercharger network. IONITY exceeds the current output of Tesla’s 120 kW Superchargers, with an output of 350 kW. With this charging infrastructure in place, Porsche claims that the Mission E could gain 248 miles of range in as little as 15 minutes.
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- Details of the pre-production units of the Mission E were featured in Porsche’s 2017 Annual & Sustainability report. [Credit: Porsche]
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- Details of the pre-production units of the Mission E were featured in Porsche’s 2017 Annual & Sustainability report. [Credit: Porsche]
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- Details of the pre-production units of the Mission E were featured in Porsche’s 2017 Annual & Sustainability report. [Credit: Porsche]
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- Details of the pre-production units of the Mission E were featured in Porsche’s 2017 Annual & Sustainability report. [Credit: Porsche]
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- Details of the pre-production units of the Mission E were featured in Porsche’s 2017 Annual & Sustainability report. [Credit: Porsche]
According to a recent report from GearBrain, however, Porsche’s pay system for the IONITY network would be on the other side of the spectrum as Tesla’s Superchargers. Tesla’s high-powered Superchargers charge Model 3 owners every time they use the infrastructure, but owners of the Model S and Model X — the Elon Musk-led company’s flagships — can use the chargers for free.
In a statement to the publication, Porsche’s deputy chairman of the executive board Lutz Meschke noted that the company would bill Mission E owners for charging services from day one of ownership. The executive also noted that the rates for the IONITY network would be comparable to the prices of gasoline. The Porsche executive also downplayed the business model of Tesla’s charging infrastructure, stating that the Supercharger network “was only free for a while.”
“Yes, but it (Tesla’s Supercharger network) was only free for a while. You can not run things like this; you have to earn money from these services. We want to earn money with the new products and services,” Meschke said.
The Porsche executive’s statement about the Supercharger network’s rates is only partly true, of course, as only Model 3 owners are adopting a pay-per-use model. In a recent statement on its website announcing a price adjustment for the service, Tesla even asserted that the company is not looking to make money from the Supercharger network.
“Tesla is committed to ensuring that Supercharger will never be a profit center,” Tesla wrote.
Investor's Corner
LIVE BLOG: Tesla (TSLA) Q4 and FY 2025 earnings call
Tesla’s (NASDAQ:TSLA) earnings call follows the release of the company’s Q4 and full-year 2025 update letter.
Tesla’s (NASDAQ:TSLA) earnings call follows the release of the company’s Q4 and full-year 2025 update letter, which was published on Tesla’s Investor Relations website after markets closed on January 28, 2025.
The results cap a quarter in which Tesla produced more than 434,000 vehicles, delivered over 418,000 vehicles, and deployed 14.2 GWh of energy storage products. For the full year, Tesla produced 1.65 million vehicles and delivered 1.63 million, while total energy storage deployments reached 46.7 GWh.
Tesla’s Q4 and FY 2025 Results
According to Tesla’s Q4 and FY 2025 Update Letter, the company posted GAAP earnings per share of $0.24 and non-GAAP EPS of $0.50 in the fourth quarter. Total revenue for Q4 came in at $24.901 billion, while GAAP net income was reported at $840 million.
For full-year 2025, Tesla reported GAAP EPS of $1.08 and non-GAAP EPS of $1.66 per share. Total revenue reached $94.83 billion, including $69.53 billion from automotive operations and $12.78 billion from the company’s energy generation and storage business. GAAP net income for the year totaled $3.79 billion.
Earnings call updates
The following are live updates from Tesla’s Q4 and FY 2025 earnings call. I will be updating this article in real time, so please keep refreshing the page to view the latest updates on this story.
16:25 CT – Good day to everyone, and welcome to another Tesla earnings call live blog. There’s a lot to unpack from Tesla’s Q4 and FY 2025 update letter, so I’m pretty sure this earnings call will be quite interesting.
News
Tesla announces massive investment into xAI
“On January 16, 2026, Tesla entered into an agreement to invest approximately $2 billion to acquire shares of Series E Preferred Stock of xAI as part of their recent publicly-disclosed financing round,” it said.
Tesla has announced a major development in its ventures outside of electric vehicles, as it confirmed today that it invested $2 billion into xAI on January 16.
The move is significant, as it marks the acquisition of shares of Series E Preferred Stock, executed on market terms alongside other investors. The company officially announced it in its Q4 2025 Shareholder Deck, which was released at market close on Wednesday.
The investment follows shareholder approval in 2025 for potential equity stakes in xAI and echoes SpaceX’s earlier $2 billion contribution to xAI’s $10 billion fundraising round.
Tesla said that, earlier this month, it entered an agreement to invest $2 billion to acquire shares of Series E Preferred Stock of xAI:
“Tesla’s investment was made on market terms consistent with those previously agreed to by other investors in the financing round. As set forth… pic.twitter.com/HgtrcHdB2U
— TESLARATI (@Teslarati) January 28, 2026
CEO Elon Musk, who is behind both companies, is now weaving what appears to be an even tighter ecosystem among his ventures, blending Tesla’s hardware prowess with xAI’s cutting-edge AI models, like Grok.
Tesla confirmed the investment in a statement in its Shareholder Deck:
“On January 16, 2026, Tesla entered into an agreement to invest approximately $2 billion to acquire shares of Series E Preferred Stock of xAI as part of their recent publicly-disclosed financing round. Tesla’s investment was made on market terms consistent with those previously agreed to by other investors in the financing round. As set forth in Master Plan Part IV, Tesla is building products and services that bring AI into the physical world. Meanwhile, xAI is developing leading digital AI products and services, such as its large language model (Grok).”
It continued:
“In that context, and as part of Tesla’s broader strategy under Master Plan Part IV, Tesla and xAI also entered into a framework agreement in connection with the investment. Among other things, the framework agreement builds upon the existing relationship between Tesla and xAI by providing a framework for evaluating potential AI collaborations between the companies. Together, the investment and the related framework agreement are intended to enhance Tesla’s ability to develop and deploy AI products and services into the physical world at scale. This investment is subject to customary regulatory conditions with the expectation to close in Q1’2026.”
The history of the partnership traces back to xAI’s founding in July 2023, as Musk launched the company as a counterweight to dominant AI players like OpenAI and Google.
xAI aimed to “understand the true nature of the universe” through unbiased, truth-seeking AI. Tesla, meanwhile, has long invested in AI for its Full Self-Driving (FSD) software and Optimus robots, training models on vast datasets from its vehicle fleet.
The investment holds profound significance for both companies.
For Tesla, it accelerates its Master Plan Part IV, which envisions AI-driven autonomy in vehicles and humanoid robots. xAI’s Grok could enhance Tesla’s real-world AI applications, from optimizing battery management to predictive maintenance, potentially giving Tesla an edge over its biggest rivals, like Waymo.
Investors, on the other hand, stand to gain from this symbiosis. Tesla Shareholders may see boosted stock value through AI innovations, with analysts projecting enhanced margins and significant future growth in robotics. xAI’s valuation could soar, attracting more capital.
Investor's Corner
Tesla (TSLA) Q4 and FY 2025 earnings results
Tesla’s Q4 and FY 2025 earnings come on the heels of a quarter where the company produced over 434,000 vehicles, delivered over 418,000 vehicles, and deployed 14.2 GWh of energy storage products.
Tesla (NASDAQ:TSLA) has released its Q4 and FY 2025 earnings results in an update letter. The document was posted on the electric vehicle maker’s official Investor Relations website after markets closed today, January 28, 2025.
Tesla’s Q4 and FY 2025 earnings come on the heels of a quarter where the company produced over 434,000 vehicles, delivered over 418,000 vehicles, and deployed 14.2 GWh of energy storage products.
For the Full Year 2025, Tesla produced 1,654,667 and delivered 1,636,129 vehicles. The company also deployed a total of 46.7 GWh worth of energy storage products.
Tesla’s Q4 and FY 2025 results
As could be seen in Tesla’s Q4 and FY 2025 Update Letter, the company posted GAAP EPS of $0.24 and non-GAAP EPS of $0.50 per share in the fourth quarter. Tesla also posted total revenues of $24.901 billion. GAAP net income is also listed at $840 million in Q4.
Analyst consensus for Q4 has Tesla earnings per share falling 38% to $0.45 with revenue declining 4% to $24.74 billion, as per estimates from FactSet. In comparison, the consensus compiled by Tesla last week forecasted $0.44 per share on sales totaling $24.49 billion.
For FY 2025, Tesla posted GAAP EPS of $1.08 and non-GAAP EPS of $1.66 per share. Tesla also posted total revenues of $94.827 billion, which include $69.526 billion from automotive and $12.771 billion from the battery storage business. GAAP net income is also listed at $3.794 billion in FY 2025.
xAI Investment
Tesla entered an agreement to invest approximately $2 billion to acquire Series E preferred shares in Elon Musk’s artificial intelligence startup, xAI, as part of the company’s recently disclosed financing round. Tesla said the investment was made on market terms consistent with those agreed to by other participants in the round.
The investment aligns with Tesla’s strategy under Master Plan Part IV, which centers on bringing artificial intelligence into the physical world through products and services. While Tesla focuses on real-world AI applications, xAI is developing digital AI platforms, including its Grok large language model.
Below is Tesla’s Q4 and FY 2025 update letter.
TSLA-Q4-2025-Update by Simon Alvarez
LIVE BLOG: Tesla (TSLA) Q4 and FY 2025 earnings call
Tesla announces massive investment into xAI
