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Porsche Taycan gets three years free charging, 320 kW “Turbo Chargers” coming to dealer network
As Porsche prepares for the launch of its first all-electric car — the highly-anticipated Taycan — the carmaker has begun setting the stage for the vehicle’s rollout in the United States. On Monday, Porsche Cars North America, Inc. (PCNA) announced an agreement with Electrify America to provide the Taycan with three years of unlimited fast charging at public stations across the country. With this system in place, as well as Electrify America’s ongoing expansion, the Taycan would be capable of long-distance, coast-to-coast travel.
In a press release about the update, Porsche noted that the charging perk would be included in the Taycan’s selling price. Under the system, Taycan buyers would receive three years of unlimited 30-minute fast charging at Electrify America locations, which is comprised of over 300 highway stations in 42 states, on top of more than 180 sites in 17 select metro areas. The established carmaker stated that each Electrify America location would have an average of five charging stalls, while some sites would have enough support for up to 10 vehicles at once.
Apart from its deal with Electrify America, Porsche has also announced that its dealers would be installing their own fast-charge Turbo Charger kiosks for the company’s upcoming all-electric vehicle. Porsche would also be releasing products for home charging solutions. In a statement, Klaus Zellmer, President and CEO of PCNA, pointed out that this trifecta of charging systems — Electrify America’s infrastructure, Turbo Chargers in dealers, and home chargers — would ultimately free future Taycan owners from range anxiety.
“Every Porsche is a sports car with soul, and the Taycan is soul electrified. Together, Electrify America and our Porsche dealer network will provide a national infrastructure for DC fast charging that frees future Taycan owners from range anxiety. And Porsche home charging technology will turn the customer’s garage into the equivalent of a personal gas station,” the CEO said.
One thing that separates the Taycan from the conventional electric car is its capability to charge at an extremely rapid rate. Using 350 kW chargers, 800-volt technology, and the combined charging system (CCS) standard, the Taycan would be able to add more than 60 miles of range in just four minutes. That’s the fastest charging capabilities in the market today, roughly three times faster than Tesla’s expansive Supercharger Network.
To take advantage of the Taycan’s ultra-fast-charging capabilities, Electrify America’s highway stations would have a minimum of two 350 kW chargers per site, with additional stalls delivering up to 150 kW. Metro stations, on the other hand, would be capable of charging at speeds of up to 150 kW as well. Electrify America is expected to have 484 locations with 2,000 charging stalls completed or under construction by July 1, ahead of the Taycan’s release in late 2019.
While free 3-year unlimited access to Electrify America’s chargers would undoubtedly be a notable selling point for the Taycan, Porsche’s dealers across the country would also be offering their own charging perk. The automaker has noted that all 191 of its US dealers would be installing DC fast-charging stations for the upcoming vehicle, 120 of which would feature Porsche Turbo Charging — the company’s proprietary DC/CCS charging system that delivers up to 320 kW. Porsche dealers without Turbo Chargers would feature 50 kW fast chargers on site.
The Porsche Experience Center (PEC) in Atlanta, GA already hosts the company’s first Turbo Chargers. More of Porsche’s own charging stations are expected to be installed at the PEC in Los Angeles, CA in the near future.
The Porsche Taycan is the first all-electric vehicle from the automaker. In true Porsche spirit, the Taycan boasts impressive specs, from a 0-60 mph time of 3.5 seconds, a top speed of 155 mph, and a range of 310 miles per charge. The company has also noted that just like its iconic vehicles like the legendary Porsche 911, the Taycan would be at home at the racetrack being driven to its limits. As noted by a Porsche brand ambassador in an email to an auto journalist last month, the Taycan would be offered in three models — an entry-level variant, the mid-range Taycan 4S, and the range-topping Taycan Turbo, which would likely cost over $130,000 before options.
Note from Editor:
Last Friday, Electrify America partially shut down its charging infrastructure due to safety concerns from HUBER+SUHNER, the supplier for the network’s charging cables. A spokesperson from Porsche Cars North America tells Teslarati some details on Electrify America’s partial network shutdown:
“Electrify America notified us immediately about the partial shutdown of their charging network due to a concern with one of their liquid-cooling cable suppliers. We are confident that Electrify America and their supplier will move quickly to complete an investigation and resolve this issue well in advance of our public launch of the Porsche Taycan late this year.”
Tesla stock (NASDAQ: TSLA) endured one of its sharpest single-day declines in years on July 23, tumbling approximately 14.5 percent and closing near $320 after opening the session around $374. The drop erased more than $140 billion in market value amid heavy trading volume and left the shares at multi-week lows.
The sell-off followed the company’s second-quarter 2026 results, released the previous evening. Tesla reported record revenue of $28.2 billion, up 26 percent year over year, driven by a Q2-record 480,126 vehicle deliveries. Energy storage deployments also rose strongly.
Tesla (TSLA) Q2 2026 earnings results: miss on EPS, beat on revenue
Yet profitability disappointed sharply. Operating income fell 57 percent to $398 million, compressing the operating margin to just 1.4 percent. Non-GAAP earnings per share came in at $0.33, well below the roughly $0.53 analysts had expected. Free cash flow turned negative by $1.1 billion as capital expenditures surged 142 percent to $5.8 billion, largely tied to accelerated spending on artificial intelligence, robotics, and autonomous systems.
The losses on capex were expected, as Tesla said it would be spending heavily in 2026.
Investors also reacted to lingering uncertainty surrounding key product timelines. During the Earnings Call, management reiterated ambitions for Robotaxi deployment and the Optimus humanoid robot, but offered limited new concrete milestones, renewing questions about execution pace that have long accompanied Tesla’s ambitious roadmap.
The magnitude of the decline places it among Tesla’s more severe one-day percentage losses since its 2010 initial public offering. Historically, the two largest single-day drops (split-adjusted) remain September 8, 2020, when shares fell 21.1 percent amid broader market volatility and valuation concerns, and January 13, 2012, with a 19.3 percent plunge during the company’s early growth struggles.
Other notable declines include an 18.6 percent drop on March 16, 2020, at the onset of pandemic-related market turmoil. Thursday’s move ranks roughly ninth on the all-time list but stands out as the steepest in more than a year.
Despite the short-term pain, Tesla’s long-term trajectory has repeatedly recovered from such volatility. The latest results underscore both the strength of its core automotive and energy businesses and the near-term costs of heavy investment in next-generation technologies.
Elon Musk clapped back at France’s decision to withhold the approval for Tesla’s Full Self-Driving (FSD) Supervised system, projecting a clear and blunt message to French Transport Minister Phillippe Tabarot, after he publicly rejected the technology in its current form.
Tabarot outlines several concerns with Tesla Full Self-Driving in a detailed video statement, where he said, “The safety trade-offs are not yet sufficient to authorize it as it currently stands,” he said. He emphasized that FSD is not a true self-driving system and that the driver remains fully responsible.
Key issues Tabarot also brought up included allowing speeding when surrounding traffic exceeds limits and what he believes are insufficient guarantees of driver attention during complex urban maneuvers such as lane changes, intersections, and roundabouts.
Delaying the approval of FSD in France will cost lives
— Elon Musk (@elonmusk) July 22, 2026
While acknowledging technological progress and France’s support for autonomous innovation, Tabarot stressed that deployment must prioritize road safety. He noted ongoing technical discussions with Tesla, the Netherlands, and other European partners, with further ecosystem meetings planned for the fall.
Musk’s rebuke highlights the human cost of regulatory caution. Tesla’s latest safety reports provide compelling data supporting accelerated adoption. In the most recent 12-month period, vehicles using FSD (Supervised) recorded one major collision per approximately 5.1 million miles driven, dramatically better than the U.S. national average of one crash per 698,000 miles.
Even Tesla vehicles driven manually with active safety features outperform the average by a wide margin. These figures come from billions of real-world miles of telemetry, showing FSD vehicles involved in far fewer incidents than both manual Teslas and the broader U.S. fleet.
Critics argue Tesla’s comparisons require careful scrutiny regarding reporting thresholds and fleet demographics, yet the data consistently positions FSD as a potential lifesaver. With road fatalities remaining a leading cause of death worldwide, Musk contends that proven safer technology should not face prolonged bureaucratic hurdles.
France’s measured approach reflects the broader European regulatory caution, which many, especially Musk, have been critical of in the past. However, as autonomous systems from Tesla and competitors like Waymo demonstrate superior safety in independent studies, pressure is mounting for harmonized approvals.
Musk’s warning carries the belief that every month of delay may equate to avoidable tragedies on European roads.
In a striking revelation that underscores the lucrative crossover between Big Tech and space exploration, Alphabet Inc., Google’s parent company, disclosed a massive $94.1 billion equity stake in SpaceX following the rocket company’s blockbuster initial public offering earlier this year.
The disclosure came in Alphabet’s quarterly filing, marking the first time the long-held private investment has been publicly valued at market prices. Google was an early backer, investing alongside Fidelity in 2015 with roughly $500-900 million at a time when SpaceX was valued around $12 billion.
That bet has delivered extraordinary returns, roughly a hundredfold, transforming a strategic play on satellite internet and launch capabilities into one of Alphabet’s largest assets.
Google, $GOOGL, has said they hold $94 billion in SpaceX, $SPCX, shares after IPO.
— unusual_whales (@unusual_whales) July 23, 2026
Of the total holding, approximately $80 billion remains subject to short-term post-IPO lockup restrictions, preventing near-term sales. An additional $14.1 billion faces longer-term restrictions, extending into the third quarter of 2027. This structure limits immediate liquidity but protects against market volatility as SpaceX transitions into public trading.
The SpaceX position contributed significantly to gains in Alphabet’s broader investment portfolio, which also includes a major stake in AI leader Anthropic. Combined, these holdings helped drive nearly $100 billion in investment gains during the second quarter, providing a substantial boost to net income amid ongoing AI spending pressures.
Analysts view the disclosure as validation of Alphabet’s venture strategy beyond its core search and cloud businesses. The investment aligns with deeper ties, including reported multi-billion-dollar deals for AI computing capacity on SpaceX infrastructure. As SpaceX advances Starship flights, Starlink expansion, and ambitious Mars goals under Elon Musk, Google’s stake positions it to benefit from the commercialization of space.
For Alphabet, the windfall highlights how patient, forward-looking bets in transformative sectors can yield outsized rewards. While lockups temper short-term impact, the holding cements SpaceX as a cornerstone of Alphabet’s diversified portfolio in an era where aerospace, AI, and connectivity increasingly intersect. Investors will watch closely as restrictions lift and SpaceX’s public performance unfolds.
Tesla stock tumbles after earnings, one of its sharpest single-day declines
Elon Musk is not happy about this Tesla Full Self-Driving approval delay
