Just months before its production version is unveiled, the Porsche Taycan is entering its final testing phase. Spanning multiple countries and involving various driving conditions, the experienced carmaker is ensuring that its first all-electric car is tempered on the road just as much as its gas-powered peers.
Porsche engineers are currently taking advantage of the summer in the Southern Hemisphere to test the Taycan’s driving dynamics in warm temperatures. At the same time, teams from the company are also testing the vehicle in Scandinavia, just a few miles away from the Arctic Circle, to evaluate the electric car’s performance in frigid temperatures. Porsche notes that the Taycan’s testing spans 30 countries, in temperatures that range from -35 to 50 degree Celcius (-31F to 122F).
Head of BEV at Porsche Stefan Weckbach mentions in a press release that the real world tests are being conducted after the vehicles passed through millions of miles in simulations. By the end of the Taycan’s testing phase, the vehicles are expected to cover millions of real-world miles.
“After carrying out computer simulations and comprehensive bench tests early on, we have now reached the final phase of this demanding testing programme. Before the Taycan is launched on the market at the end of the year, we will have covered approximately six million kilometers across the globe. We are already very happy with the current status of the vehicles. The Taycan is going to be a true Porsche,” he said.
It’s not just the Taycan’s driving dynamics that are being evaluated in the vehicle’s final testing phase. The Taycan’s batteries, which use the company’s 800-volt architecture and LG’s pouch cells, are also being tested intensively. Over the final testing phase, Porsche estimates that the Taycan should go through over 100,000 charging cycles using various charging solutions that are compatible with the electric vehicle.
The Porsche Taycan is set to be revealed this coming September. Being the company’s first all-electric car, the Taycan is incredibly vital for the carmaker. To prepare for its production, Porsche is revamping its historic Zuffenhausen site, which will hold the manufacturing line for the Taycan and later, its derivative, the Taycan Cross Turismo. Highlighting the importance of the Taycan to its future, the company has decided to produce the Taycan alongside its flagship vehicle, the new Porsche 911.
Porsche initially plans to start the Taycan’s production at 20,000 units per year, though positive reception from reservation holders have encouraged the company to raise its estimates for the all-electric car’s manufacturing. The Taycan will be capable of sprinting from 0-60 mph in under 3.5 seconds and have a range of over 300 miles on one charge. The all-electric car is designed to support 350 kW charging, making it possible to replenish over 60 miles of range in just 4 minutes.
Investor's Corner
Tesla gets its latest short from Michael Burry: ‘Happy it jumped back to this level’
Tesla short seller Michael Burry, the subject of the film “The Big Short,” where he was portrayed by Steve Carell, has revealed he has opened a new bet against the stock.
In a new update to his Substack newsletter in a post titled “Trading Post June 30, 2026,” Burry revealed a new set of bets against Tesla, Caterpillar, NVIDIA, Applied Materials Inc., and the iShares Semiconductor ETF.
In regard to Tesla, Burry wrote:
“And finally I shorted Tesla at 416.22. Happy it jumped back to this level.”
This means Burry likely opened his new short position after the company’s recent rally on Wall Street, which saw Tesla shares sink in mid-May, only to recover to well over the $400 mark. Currently, shares trade at around $427.
The company saw a big Tuesday as shares climbed considerably, over 10 percent. The size of the Tesla short was not provided, nor did Burry give any information on the position’s structure, the number of shares, dollar value, or whether options were used in the short.
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Over the years, Burry has been one of the more vocal critics of Tesla, calling its share price “media inflated,” and saying it was “ridiculously overvalued” as recently as December.
The company has largely transitioned away from being known as an automotive company and instead is much more widely regarded as an AI play, mostly due to its Full Self-Driving efforts, Optimus robot development, and data collection related to both.
This has not pulled those skeptics away from being vocal about their distaste for how Tesla is valued, but there’s no denying that the company is a global force in many things, including sustainable energy, automotive, and AI.
Wedbush Securities is initiating stock coverage on SpaceX (NASDAQ: SPCX), marking the first comments on the company since it went public several weeks ago. Wedbush and its analyst handling coverage, Dan Ives, are widely bullish on fellow Musk company Tesla (NASDAQ: TSLA).
Ives wrote his first note initiating coverage of SpaceX shares on Wednesday with a $190 price target and an ‘Outperform’ rating. The firm believes the company is well positioned off of its IPO because of its wide array of projects, including AI compute power and infrastructure, connectivity projects, and launches.
“We view SpaceX as one of the most differentiated assets within the tech market with a strong footprint across its three core markets, with Starlink driving success with connectivity,” Ives wrote, “Starship launches leading to a demand flywheel and increasing deal flow for its Colossus clusters.”
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Wedbush leans heavily on Starlink, which they say is the “profitability driver given the strength of its recurring revenue base of ~12 million subscribers as of June 5th.” Ives believes Starlink is still in the “early innings” of penetrating the global telecommunications and broadband market, as it only holds less than a 1 percent share. However, this number is sure to increase over time.
It also highlights the importance of Starship, which it says is an “essential layer” of SpaceX’s overall success. SpaceX developing and displaying the ability to reuse rockets is a major cost and reliability advantage “as it reduces the necessary hardware launch costs while generating a feedback loop for future flights to improve their launch flight rate without accelerating capex spend.”
Finally, SpaceX’s recent AI/Compute projects are also very elementary, Ives writes. It is worth mentioning Wedbush said its $190 price target is derived from a valuation forecast that sees the company yielding roughly $2.48 trillion of implied enterprise value.
There are also some factors that Wedbush did not take into account with its initial coverage. The firm wrote in the note:
“We note that there is optional value coming from Starship’s accelerating scale towards sub-$200/kg unit economics, orbital data centers, and enterprise AI monetization as these factors could drive meaningful upside but these face major hurdles, so we do not take that into account with our valuation.”
SpaceX shares are down just over 2 percent today, trading at around $167 at the time of publication.
Tesla has expanded the footprint of a massive safety feature worldwide with a recent Software Update labeled as 2026.20.6. The expansion of the “Blind Spot Warning While Parked” feature represents the more widespread availability of the feature, which aims to prevent “dooring.”
Dooring is when a driver or passenger opens a car door into the path of an oncoming road user, usually a cyclist or motorcyclist. It is among the most common types of cycling accidents, the League of American Bicyclists says.
For this reason, Tesla created a feature that warns occupants not to open the door because an object is approaching. The feature will sound a chime, and it will also delay the opening of the door to prevent an incident.
The release notes state (via Not a Tesla App):
“If you attempt to open a door while an approaching object is detected in your blind spot (for example, a bicyclist approaching from behind) a chime sounds, and your door will not open upon initial button press. Wait a short time and press the button a second time to override the warning.”
Tesla initially rolled out this feature back in 2024 with the Model 3 “Highland.” However, it remained with the Model 3 exclusively for over a year; that was until Tesla added it to the Cybertruck this past Spring.
Now, it is making its way to the new Model Y, 2021 and newer Model S, and 2021 or newer Model X.
The prevention of dooring incidents could eliminate many injuries to cyclists, especially in an urban setting. Dooring accounts for 10-20 percent of bike-related crashes in major cities, and over 17,000 dooring-related incidents were treated in the U.S. over the course of a decade. These usually involve fractures, contusions, and head trauma.
Tesla gets its latest short from Michael Burry: ‘Happy it jumped back to this level’
SpaceX gets initial stock coverage from Tesla’s biggest bull
