News
Porsche halts new vehicle sales in Europe to adjust to new emissions standards
Porsche has temporarily suspended the sale of new vehicles in Europe, due to the company’s current offerings not meeting the region’s new emissions standards. Buyers using Porsche’s online vehicle configurator for Europe were prompted with a message informing visitors that due to a “pending model revision,” vehicles under the company’s lineup are not available as freely configurable cars.
The reason behind the surprising halt to Porsche’s sales lies in Europe’s new Euro 6 emissions regulations, which are scheduled to be fully enforced come September. The new standards, consisting of the Worldwide Harmonized Light Vehicle Test Procedure (WLTP) and Real Driving Emissions (RDE), were imposed by the EU last September, according to a report from German news agency Frankfurter Allgemeine Zeitung.
After the announcement of the new standards last September, regulators allowed manufacturers such as Porsche to sell cars that were certified with the 1997-era New European Driving Cycle (NEDC) for another year. These are the vehicles that Porsche is currently rushing to deliver before the September deadline. Porsche vehicles that are fully compliant with the new emissions standards, such as the Cayenne and the Panamera, are expected to be unavailable until around March 2019.
It’s not just Porsche that has been hit with Europe’s new emissions standards. According to the German publication, legacy automakers BMW and Volkswagen have also halted the sale of some of their offerings. BMW, for one, has stopped the sale of the BMW 7-Series, BMW X5, and the BMW M3. While Porsche has halted the sale of new vehicles in Europe, however, the company continues to allow buyers in North America and Asia to order and configure new cars.
Porsche has arguably begun an earnest embrace of electric car technology. Its highly anticipated Mission E sedan — a vehicle seen as a potential rival to the best-selling Tesla Model S — is expected to hit the market sometime next year. The Mission E has Tesla Model S-rivaling specs, including a 0-60 mph time of 3.5 seconds, a range of 310 miles, and a maximum speed of 155 mph.
Just recently, a prototype of the Mission E sedan was taken around the track by former Formula One driver Mark Webber. During his brief test drive of the electric car, Webber noted that the Mission E had noticeable similarities to the Porsche 919 Hybrid, a hybrid sports-prototype racing car that he drove to compete in endurance races such as the FIA World Endurance Championship and the 24 Hours of Le Mans.
The Porsche Mission E Cross Turismo.
Porsche is not just developing one electric car, however. Earlier this year at the Geneva Motor Show, the German legacy automaker also unveiled the Mission E Cross Turismo, a more rugged variant of its four-door sedan. During its unveiling, Porsche noted that the Mission E Cross Turismo would hit the market early next decade.
The German automaker is also laying the foundations of a charging network for its electric cars. Dubbed the IONITY Network, Porsche’s ultra-fast chargers are designed to have an output of 350 kW, far beyond the ~140 kW max output of Tesla’s Superchargers.
During Tesla’s Q1 2018 earnings call, however, Tesla CEO Elon Musk and CTO JB Straubel noted that Porsche’s 350 kW electric car chargers would likely “frag” the battery and not be beneficial to drivers. Thus, according to Musk, Tesla’s Supercharger V3 network would feature an output of around 200-250 kW.
News
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.
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.
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:
🚨 Tesla has officially moved the outright purchase option for FSD on its website pic.twitter.com/RZt1oIevB3
— TESLARATI (@Teslarati) February 15, 2026
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.
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.
Elon Musk
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.
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.
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.
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.
News
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.
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.
NEWS: Tesla is ending the option to buy FSD as a one-time outright purchase in Australia on March 31, 2026.
It still ends on Feb 14th in North America. https://t.co/qZBOztExVT pic.twitter.com/wmKRZPTf3r
— Sawyer Merritt (@SawyerMerritt) February 13, 2026
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.
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.
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.
Tesla ends Full Self-Driving purchase option in the U.S.
Musk bankers looking to trim xAI debt after SpaceX merger: report
