News
Porsche’s production plans for Taycan and new 911 hint at serious electrification
In a recent interview, Porsche executive board member Albrecht Reimold hinted at the plans for the upcoming production ramp of the Taycan — the company’s first all-electric car. During the interview, the Porsche executive described how the Taycan’s production is closely related to the manufacturing of the 911, and how the company is getting one of its most iconic vehicles for electrification in the future.
Only a few of Porsche’s creations can hold a candle to the legendary 911, a premium sports car whose performance borders on the supercar level. Porsche is currently preparing its new 911, and Reimold has noted that plans are underway to prepare for the vehicle’s production. Coincidentally, the new 911 would be produced side-by-side with the upcoming Taycan. The Porsche executive further stated that the production of the two cars would have some similarities, to the point that the new 911 could actually be built in the Taycan’s manufacturing lines.
“There is some overlap of course; starting with the logistics processes, and we are also building a new paint shop that all models could be painted in. We have built lots of flexibility into production so that the 911 can also be produced in the Taycan assembly plant – though not vice versa,” he said.
During the interview, the Porsche executive was asked if the strategy for the 911 and Taycan production line was set as a precaution in case the electric car fails to succeed on the market. Reimold answered the question confidently, stating that all signs are pointing to the Taycan making a significant impact in the luxury car industry. The exec added that based on his own experience with the upcoming vehicle, he is quite optimistic about the Taycan’s chances on the market.
“Based on feedback from the market, the calculation of 20,000 Porsche Taycan models in the first year may be a rather conservative estimate. I’ve had the pleasure of driving the car myself, and I can only say it’s absolutely fantastic! Which is the response we’ve been hearing from all sides,” he said.
Perhaps the most notable statement in the interview with the Porsche executive is about the future of the 911 as the company embraces electrification. Porsche is among the veteran carmakers that has dedicated itself to pushing electrified transportation, announcing last year that it was retiring its diesel-powered lineup of vehicles in favor of all-electric or hybrid cars. In the case of the new 911, Reimold explained that while there are no plans for an electrified version of the iconic vehicle, the company is ready to implement a hybridization strategy for the sports car.
“(Hybridization) is still a rather minor one because customers expect the 911 to be what it is. But it’s not entirely out of mind. For example, we have designed the model to enable drivetrain electrification – hybridization in other words, so we would be ready to implement a change like that,” he said.
Reimold also noted that the 911 would always be an icon for the company, despite the all-electric Taycan dominating Porsche’s headlines today. Overall, if there is anything invoked by Porsche’s plans for the 911 and the Taycan’s production, it is that the carmaker is not shying away from electrification. Building one of its most important and historic vehicles alongside its first-ever all-electric car, after all, shows a notable commitment towards electrification.
The Porsche Taycan is expected to start production sometime later this year. The carmaker is yet to unveil the production version of the Taycan, though sightings of the company’s test mules hint at serious track performance.
Elon Musk
Brazil Supreme Court orders Elon Musk and X investigation closed
The decision was issued by Supreme Court Justice Alexandre de Moraes following a recommendation from Brazil’s Prosecutor-General Paulo Gonet.
Brazil’s Supreme Federal Court has ordered the closure of an investigation involving Elon Musk and social media platform X. The inquiry had been pending for about two years and examined whether the platform was used to coordinate attacks against members of the judiciary.
The decision was issued by Supreme Court Justice Alexandre de Moraes following a recommendation from Brazil’s Prosecutor-General Paulo Gonet.
According to a report from Agencia Brasil, the investigation conducted by the Federal Police did not find evidence that X deliberately attempted to attack the judiciary or circumvent court orders.
Prosecutor-General Paulo Gonet concluded that the irregularities identified during the probe did not indicate fraudulent intent.
Justice Moraes accepted the prosecutor’s recommendation and ruled that the investigation should be closed. Under the ruling, the case will remain closed unless new evidence emerges.
The inquiry stemmed from concerns that content on X may have enabled online attacks against Supreme Court justices or violated rulings requiring the suspension of certain accounts under investigation.
Justice Moraes had previously taken several enforcement actions related to the platform during the broader dispute involving social media regulation in Brazil.
These included ordering a nationwide block of the platform, freezing Starlink accounts, and imposing fines on X totaling about $5.2 million. Authorities also froze financial assets linked to X and SpaceX through Starlink to collect unpaid penalties and seized roughly $3.3 million from the companies’ accounts.
Moraes also imposed daily fines of up to R$5 million, about $920,000, for alleged evasion of the X ban and established penalties of R$50,000 per day for VPN users who attempted to bypass the restriction.
Brazil remains an important market for X, with roughly 17 million users, making it one of the platform’s larger user bases globally.
The country is also a major market for Starlink, SpaceX’s satellite internet service, which has surpassed one million subscribers in Brazil.
Elon Musk
FCC chair criticizes Amazon over opposition to SpaceX satellite plan
Carr made the remarks in a post on social media platform X.
U.S. Federal Communications Commission (FCC) Chairman Brendan Carr criticized Amazon after the company opposed SpaceX’s proposal to launch a large satellite constellation that could function as an orbital data center network.
Carr made the remarks in a post on social media platform X.
Amazon recently urged the FCC to reject SpaceX’s application to deploy a constellation of up to 1 million low Earth orbit satellites that could serve as artificial intelligence data centers in space.
The company described the proposal as a “lofty ambition rather than a real plan,” arguing that SpaceX had not provided sufficient details about how the system would operate.
Carr responded by pointing to Amazon’s own satellite deployment progress.
“Amazon should focus on the fact that it will fall roughly 1,000 satellites short of meeting its upcoming deployment milestone, rather than spending their time and resources filing petitions against companies that are putting thousands of satellites in orbit,” Carr wrote on X.
Amazon has declined to comment on the statement.
Amazon has been working to deploy its Project Kuiper satellite network, which is intended to compete with SpaceX’s Starlink service. The company has invested more than $10 billion in the program and has launched more than 200 satellites since April of last year.
Amazon has also asked the FCC for a 24-month extension, until July 2028, to meet a requirement to deploy roughly 1,600 satellites by July 2026, as noted in a CNBC report.
SpaceX’s Starlink network currently has nearly 10,000 satellites in orbit and serves roughly 10 million customers. The FCC has also authorized SpaceX to deploy 7,500 additional satellites as the company continues expanding its global satellite internet network.
Energy
Tesla Energy gains UK license to sell electricity to homes and businesses
The license was granted to Tesla Energy Ventures Ltd. by UK energy regulator Ofgem after a seven-month review process.
Tesla Energy has received a license to supply electricity in the United Kingdom, opening the door for the company to serve homes and businesses in the country.
The license was granted to Tesla Energy Ventures Ltd. by UK energy regulator Ofgem after a seven-month review process.
According to Ofgem, the license took effect at 6 p.m. local time on Wednesday and applies to Great Britain.
The approval allows Tesla’s energy business to sell electricity directly to customers in the region, as noted in a Bloomberg News report.
Tesla has already expanded similar services in the United States. In Texas, the company offers electricity plans that allow Tesla owners to charge their vehicles at a lower cost while also feeding excess electricity back into the grid.
Tesla already has a sizable presence in the UK market. According to price comparison website U-switch, there are more than 250,000 Tesla electric vehicles in the country and thousands of Tesla home energy storage systems.
Ofgem also noted that Tesla Motors Ltd., a separate entity incorporated in England and Wales, received an electricity generation license in June 2020.
The new UK license arrives as Tesla continues expanding its global energy business.
Last year, Tesla Energy retained the top position in the global battery energy storage system (BESS) integrator market for the second consecutive year. According to Wood Mackenzie’s latest rankings, Tesla held about 15% of global market share in 2024.
The company also maintained a dominant position in North America, where it captured roughly 39% market share in the region.
At the same time, competition in the energy storage sector is increasing. Chinese companies such as Sungrow have been expanding their presence globally, particularly in Europe.
Brazil Supreme Court orders Elon Musk and X investigation closed
FCC chair criticizes Amazon over opposition to SpaceX satellite plan
