

News
Porsche Taycan charging times to be 2X faster than Tesla’s Superchargers
When the Porsche Taycan starts production next year, the electric car market will be even more saturated than it is today. Tesla’s Model 3 would likely be at a production rate of 10,000 units per week. Electric cars from veteran carmakers, such as Jaguar’s I-PACE, Mercedes-Benz’s EQC and Audi’s e-tron, would be in the market as well.
For Porsche, this is not a problem. During the recently held Rennsport Reunion, a gathering of Porsche enthusiasts in Monterey, CA, the German legacy automaker noted that the Taycan would make a mark in the electric car market not because it was the first to enter production. Rather, it would establish itself as a competitor with its driving dynamics and rapid charging times. Detlev von Platen, Porsche’s executive board member for sales and marketing, described the company’s stance on the Taycan in a statement to Fortune.
“We don’t need and don’t want to be the first. It doesn’t make any sense to drive fast and then wait two hours to charge batteries. Achieving an 80% charge in a quarter of an hour is an argument for us.” he said.
Quite unlike the strategy employed by other legacy automakers like Jaguar and Mercedes-Benz, whose vehicles largely rely on established charging infrastructure, Porsche is looking to develop its own charging network. Just like Tesla’s ever-growing Supercharger Network, Porsche’s 350 kW Electric Pit Stops are designed to serve as an ultra-fast charging system for its electric vehicles. Porsche is even taking the idea of fast chargers a step further, stating that it is aiming to design a system that could recharge 80% of the Taycan’s batteries in just 15 minutes.
If Porsche successfully rolls out its Electric Pit Stops, it would create a network of rapid chargers that are twice as quick as Tesla’s Supercharger Network, which have an output of ~120 kW and are capable of recharging the company’s electric vehicles up to 80% in 30 minutes. That said, Tesla is also preparing the rollout of its Supercharger V3, which is expected to have an output of 200-250 kW. During Tesla’s Q1 earnings call, Elon Musk shared a critique of 350 kW systems, stating that such an output could compromise the battery.
“The thing about a 350 kW charger is that it doesn’t actually make a ton of sense, unless you got a monster battery pack or have like a crazy high C rating. We think 350 kW for a single car; you’re gonna frag the battery pack if you do that. You cannot charge a high-energy battery pack at that rate, unless it’s a very high kW battery pack. So, (for us), something along the couple of hundred, 200-250 kW,” Musk said.
Ultimately, Porsche is counting on the strength of its pedigree and the car’s driving performance to push the Taycan forward. The Taycan is Porsche’s first all-electric car, and it would be the flagship of the company as it transitions to an electrified fleet in the coming years. Considering that Porsche has already abandoned diesel and committed to electrifying 50% of its fleet by 2025, the Taycan is a vehicle that must resonate with the company’s loyal consumer base. Michael Steiner, Porsche research and development executive board member, believes that the Taycan will be up to the task.
“Even if you’re not looking for an EV, I’m convinced there will be a lot of customers driving it for performance,” he said.
Porsche is already seeing encouraging signs from its customers. Executives of the legacy automaker note that the demand for its green vehicles is increasing. In Europe, for example, plug-in hybrid variants of the Porsche Panamera already comprise 60% of the vehicle’s sales. Porsche is aiming to produce 20,000 units of the Taycan every year, and so far, the reception of the vehicle has been better than expected. In Norway alone, 2,000 reservations have been filed for the car. Pre-orders for the Taycan have started in the United States as well.
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Tesla upgrades Model 3 and Model Y in China, hikes price for long-range sedan
Tesla’s long-range Model 3 now comes with a higher CLTC-rated range of 753 km (468 miles).

Tesla has rolled out a series of quiet upgrades to its Model 3 and Model Y in China, enhancing range and performance for long-range variants. The updates come with a price hike for the Model 3 Long Range All-Wheel Drive, which now costs RMB 285,500 (about $39,300), up RMB 10,000 ($1,400) from the previous price.
Model 3 gets acceleration boost, extended range
Tesla’s long-range Model 3 now comes with a higher CLTC-rated range of 753 km (468 miles), up from 713 km (443 miles), and a faster 0–100 km/h acceleration time of 3.8 seconds, down from 4.4 seconds. These changes suggest that Tesla has bundled the previously optional Acceleration Boost for the Model 3, once priced at RMB 14,100 ($1,968), as a standard feature.
Delivery wait times for the long-range Model 3 have also been shortened, from 3–5 weeks to just 1–3 weeks, as per CNEV Post. No changes were made to the entry-level RWD or Performance versions, which retain their RMB 235,500 and RMB 339,500 price points, respectively. Wait times for those trims also remain at 1–3 weeks and 8–10 weeks.
Model Y range increases, pricing holds steady
The Model Y Long Range has also seen its CLTC-rated range increase from 719 km (447 miles) to 750 km (466 miles), though its price remains unchanged at RMB 313,500 ($43,759). The model maintains a 0–100 km/h time of 4.3 seconds.
Tesla also updated delivery times for the Model Y lineup. The Long Range variant now shows a wait time of 1–3 weeks, an improvement from the previous 3–5 weeks. The entry-level RWD version maintained its starting price of RMB 263,500, though its delivery window is now shorter at 2–4 weeks.
Tesla continues to offer several purchase incentives in China, including an RMB 8,000 discount for select paint options, an RMB 8,000 insurance subsidy, and five years of interest-free financing for eligible variants.
News
Tesla China registrations hit 20.7k in final week of June, highest in Q2
The final week of June stands as the second-highest of 2025 and the best-performing week of the quarter.

Tesla China recorded 20,680 domestic insurance registrations during the week of June 23–29, marking its highest weekly total in the second quarter of 2025.
The figure represents a 49.3% increase from the previous week and a 46.7% improvement year-over-year, suggesting growing domestic momentum for the electric vehicle maker in Q2’s final weeks.
Q2 closes with a boost despite year-on-year dip
The strong week helped lift Tesla’s performance for the quarter, though Q2 totals remain down 4.6% quarter-over-quarter and 10.9% year-over-year, according to industry watchers. Despite these declines, the last week of June stands as the second-highest of 2025 and the best-performing week of the quarter.
As per industry watchers, Tesla China delivered 15,210 New Model Y units last week, the highest weekly tally since the vehicle’s launch. The Model 3 followed with 5,470 deliveries during the same period. Tesla’s full June and Q2 sales data for China are expected to be released by the China Passenger Car Association (CPCA) in the coming days.
Tesla China and minor Model 3 and Model Y updates
Tesla manufactures the Model 3 and Model Y at its Shanghai facility, which provides vehicles to both domestic and international markets. In May, the automaker reported 38,588 retail sales in China, down 30.1% year-over-year but up 34.3% from April. Exports from Shanghai totaled 23,074 units in May, a 32.9% improvement from the previous year but down 22.4% month-over-month, as noted in a CNEV Post report.
Earlier this week, Tesla introduced minor updates to the long-range versions of the Model 3 and Model Y in China. The refreshed Model 3 saw a modest price increase, while pricing for the updated Model Y Long Range variant remained unchanged. These adjustments come as Tesla continues refining its China lineup amid shifting local demand and increased competition from domestic brands.
Elon Musk
Tesla investors will be shocked by Jim Cramer’s latest assessment
Jim Cramer is now speaking positively about Tesla, especially in terms of its Robotaxi performance and its perception as a company.

Tesla investors will be shocked by analyst Jim Cramer’s latest assessment of the company.
When it comes to Tesla analysts, many of them are consistent. The bulls usually stay the bulls, and the bears usually stay the bears. The notable analysts on each side are Dan Ives and Adam Jonas for the bulls, and Gordon Johnson for the bears.
Jim Cramer is one analyst who does not necessarily fit this mold. Cramer, who hosts CNBC’s Mad Money, has switched his opinion on Tesla stock (NASDAQ: TSLA) many times.
He has been bullish, like he was when he said the stock was a “sleeping giant” two years ago, and he has been bearish, like he was when he said there was “nothing magnificent” about the company just a few months ago.
Now, he is back to being a bull.
Cramer’s comments were related to two key points: how NVIDIA CEO Jensen Huang describes Tesla after working closely with the Company through their transactions, and how it is not a car company, as well as the recent launch of the Robotaxi fleet.
Jensen Huang’s Tesla Narrative
Cramer says that the narrative on quarterly and annual deliveries is overblown, and those who continue to worry about Tesla’s performance on that metric are misled.
“It’s not a car company,” he said.
He went on to say that people like Huang speak highly of Tesla, and that should be enough to deter any true skepticism:
“I believe what Musk says cause Musk is working with Jensen and Jensen’s telling me what’s happening on the other side is pretty amazing.”
Tesla self-driving development gets huge compliment from NVIDIA CEO
Robotaxi Launch
Many media outlets are being extremely negative regarding the early rollout of Tesla’s Robotaxi platform in Austin, Texas.
There have been a handful of small issues, but nothing significant. Cramer says that humans make mistakes in vehicles too, yet, when Tesla’s test phase of the Robotaxi does it, it’s front page news and needs to be magnified.
He said:
“Look, I mean, drivers make mistakes all the time. Why should we hold Tesla to a standard where there can be no mistakes?”
It’s refreshing to hear Cramer speak logically about the Robotaxi fleet, as Tesla has taken every measure to ensure there are no mishaps. There are safety monitors in the passenger seat, and the area of travel is limited, confined to a small number of people.
Tesla is still improving and hopes to remove teleoperators and safety monitors slowly, as CEO Elon Musk said more freedom could be granted within one or two months.
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