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Porsche shares production Taycan teaser, hints at ‘Netflix-type’ streaming feature

(Credit: Porsche)

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With the Taycan’s formal unveiling just a day away, Porsche has released a series of images that feature, for the first time, a non-camouflaged, production version of the upcoming all-electric sports car. While the vehicle’s full look still remains a mystery, several aspects of the car, such as its silhouette and its headlights, hint that the Taycan will likely be very similar to the concept car that inspired it: the Mission E sedan. 

In a post on its website, Porsche France stated that the Taycan’s photo session was conducted with care, particularly as full images of the vehicle must be kept secret before its official unveiling tomorrow. Pictures are also examined, evaluated, and if necessary, readjusted on the set.  

The Porsche Taycan’s production version as teased in a recent photoshoot. (Credit: Porsche)

To state that the Taycan will be Porsche’s most important vehicle in decades will not be an exaggeration. Being a car that is designed to blaze a trail for the company as it enters the electric era, the Taycan has to appeal both to new owners and Porsche’s longtime customers alike. Maintaining this delicate balance is no small feat, as the Taycan would need to be bleeding edge in terms of tech, but still familiar enough that longtime Porsche fans will feel right at home when they step inside the vehicle. 

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This could be seen in the way the Taycan’s dashboard is laid out. Porsche opted for a more touch-enabled interface for the Taycan, with the vehicle being equipped with as many as five screens. Yet, looking at the Taycan’s futuristic dash, it is difficult to not notice that the entire section of the all-electric car is inspired by the legendary 911, from its rounded gauges to the position of its steering wheel. 

The Porsche Taycan’s production version as teased in a recent photoshoot. (Credit: Porsche)

Considering that the Taycan is equipped with several displays, the company notes that the vehicle will be loaded to the teeth with multimedia capabilities. Oliver Fritz, Porsche’s director of driver experience, noted in a statement to Automotive News that the vehicle’s cockpit creates opportunities for extensive multimedia use. According to Fritz, one such application would be the addition of “Netflix-type video streaming” features for the Taycan. “We are working on the video use case, but we want to make it safe,” Fritz said.

The Porsche exec added that the company actually thought of putting a web browser on the Taycan, similar to Tesla’s electric cars. The feature was eventually abandoned, as the company figured that the best way for passengers to browse the web would be through their mobile devices. “Other OEMs offer web browsers with a lot of security on the back end. We don’t think that’s actually the way we want to go. If someone really wants to browse web pages, doing it on the smartphone probably is a better way,” he added. 

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The production version of the Porsche Taycan is set to be formally unveiled in three countries tomorrow; one in Canada, one in Germany, and another in China. The event will begin on September 4, 2019 at 9 a.m. EST. 

Simon is an experienced automotive reporter with a passion for electric cars and clean energy. Fascinated by the world envisioned by Elon Musk, he hopes to make it to Mars (at least as a tourist) someday. For stories or tips--or even to just say a simple hello--send a message to his email, simon@teslarati.com or his handle on X, @ResidentSponge.

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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.

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Credit: Tesla

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.

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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:

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.

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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.

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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.

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Credit: SpaceX

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.

SpaceX IPO is coming, CEO Elon Musk confirms

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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.

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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.

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Tesla pushes Full Self-Driving outright purchasing option back in one market

Tesla announced last month that it would eliminate the ability to purchase the Full Self-Driving software outright, instead opting for a subscription-only program, which will require users to pay monthly.

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Credit: Tesla

Tesla has pushed the opportunity to purchase the Full Self-Driving suite outright in one market: Australia.

The date remains February 14 in North America, but Tesla has pushed the date back to March 31, 2026, in Australia.

Tesla announced last month that it would eliminate the ability to purchase the Full Self-Driving software outright, instead opting for a subscription-only program, which will require users to pay monthly.

If you have already purchased the suite outright, you will not be required to subscribe once again, but once the outright purchase option is gone, drivers will be required to pay the monthly fee.

The reason for the adjustment is likely due to the short period of time the Full Self-Driving suite has been available in the country. In North America, it has been available for years.

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Tesla hits major milestone with Full Self-Driving subscriptions

However, Tesla just launched it just last year in Australia.

Full Self-Driving is currently available in seven countries: the United States, Canada, China, Mexico, Australia, New Zealand, and South Korea.

The company has worked extensively for the past few years to launch the suite in Europe. It has not made it quite yet, but Tesla hopes to get it launched by the end of this year.

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In North America, Tesla is only giving customers one more day to buy the suite outright before they will be committed to the subscription-based option for good.

The price is expected to go up as the capabilities improve, but there are no indications as to when Tesla will be doing that, nor what type of offering it plans to roll out for owners.

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