News
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.”
Elon Musk
Elon Musk and Donald Trump to speak with each other Friday: report
White House aides have scheduled a call between the CEO and U.S. President on Friday.
Elon Musk and Donald Trump’s feud seems to be thawing, at least to some degree.
As per a recent Politico report, White House aides have scheduled a call between the CEO and U.S. President on Friday.
Musk vs. Trump
Musk turned into a staunch critic of Trump amidst the administration’s efforts to pass the “Big Beautiful Bill,” which the CEO claimed would add trillions to the country’s deficit. Trump, for his part, claimed that Musk turned on him due to the adverse effects of the proposed bill on his companies.
The spat between the two powerful men became so notable that Musk called for the impeachment of Trump on X. He also claimed that Trump was in the Epstein list. The U.S. President, for his part, threatened to cancel billions of dollars worth of government contracts with Musk’s companies such as SpaceX.
Potential Truce
As per Politico, however, White House aides have stepped in to temper the tensions and broker peace between the two powerful men. When asked by the outlet about his ongoing feud with the CEO, Trump reportedly stated that “it’s okay” and that “it’s going very well, never done better.” The U.S. President also highlighted his favorability ratings, stating that his “numbers are through the roof.”
While the CEO was very aggressive against Trump in his X posts, he did back down somewhat after some time. When hedge fund manager Bill Ackman argued that Trump and Musk should make peace for the benefit of the United States, the CEO responded with, “You’re not wrong.” Musk also walked back on his decision to decommission SpaceX’s Dragon spacecraft, which is essential to NASA’s operations.
Investor's Corner
Goldman Sachs reduces Tesla price target to $285
Despite Goldman Sach’s NASDAQ: TSLA price cut to $285, Tesla boasts $95.7B in revenue & nearly $1T market cap.
Goldman Sachs analysts cut Tesla’s price target to $285 from $295, maintaining a Neutral rating.
The adjustment reflects weaker sales performance across key markets, with Tesla shares trading at $284.70, down nearly 18% in the past week. The analysts pointed to declining sales data in the United States, Europe, and China as the primary driver for the revised outlook. In the U.S., Tesla’s quarter-to-date deliveries through May fell mid-teens year-over-year, according to Wards and Motor Intelligence.
In Europe, April registrations plummeted 50% year-over-year, with May showing a mid-20% decline, per industry data. Meanwhile, the China Passenger Car Association (CPCA) reported a 20% year-over-year drop in May, despite a 5.5% sequential increase from April. Consumer surveys from HundredX and Morning Consult also shaped Goldman Sachs’ lowered delivery and EPS forecasts.
Goldman Sachs now projects Tesla’s second-quarter deliveries to range between 335,000 and 395,000 vehicles, with a base case of 365,000, down from a prior estimate of 410,000 and below the Visible Alpha Consensus of 417,000. Despite these headwinds, Tesla’s financials remain strong, with $95.7 billion in trailing twelve-month revenue and a $917 billion market capitalization.
Regionally, Tesla’s challenges are stark. In Germany, the German road traffic agency KBA reported Tesla’s May sales dropped 36.2% year-over-year, despite a 44.9% surge in overall electric vehicle registrations. Tesla’s sales fell 29% last month in Spain, according to the ANFAC industry group. These declines highlight shifting consumer preferences amid growing competition.
On a positive note, Tesla is making strategic moves. The Model 3 and Model Y are part of a Chinese government campaign to boost rural sales, potentially mitigating losses. Piper Sandler analysts reiterated an Overweight rating, emphasizing Tesla’s supply chain strategy.
Alexander Potter stated, “Thanks to vertical integration, Tesla is the only car company that is trying to source batteries, at scale, without relying on China.”
As Tesla navigates these delivery challenges, its focus on innovation and supply chain resilience could help it maintain its edge in the electric vehicle market despite short-term hurdles.
News
Tesla adds useful Model 3/Y feature home chargers will love
Tesla has made it easier for Model 3 and Y owners to unlock the charging cable with certain adapters, chargers, and home chargers.
Tesla has recently added a small, albeit useful feature for owners who charge their electric vehicles (EVs) at home, and specifically for those who use third-party chargers.
Although Tesla’s first-party home chargers include a physical latch and unlatch button, many third-party chargers do not. As such, in Tesla’s software update 2025.20 that began rolling out this week, the automaker added a subtle shortcut for the Model 3 and Model Y that allows users to stop charging sessions on third-party charging handles and adapters without the unlatch button (via Not a Tesla App).
To unlock the pin that locks the charging cable in place, Tesla Model 3 and Model Y owners will now be able to pull and hold the rear left door handle near the charging port for three seconds, at which it will unlatch. Owners would previously have had to crawl into the trunk to do this from inside the vehicle, and the addition will simply add another option to open the door.
The feature requires owners to have the vehicle be either unlocked or have the key nearby, and is especially of benefit to owners who regularly use home or other chargers with NACS adapters such as the J1772, which often don’t necessarily unlatch even when pressing the cable’s button or don’t include a button at all.
READ MORE ON TESLA CHARGING FEATURES: Tesla exec shares unique Supercharger team rule that accelerates EV adoption
You can see a short video of the feature at work below, as posted on Thursday by X user Max Bracco.
Unlatching Charging Cable in 2025.20 pic.twitter.com/MBxTodOXOz
— Max Bracco (@max_bracco) June 5, 2025
It’s not clear as of yet whether or not the feature will be added to Tesla’s other vehicles, though it wouldn’t be surprising to see down the road. Tesla writes the following on the Model 3 and Model Y feature in its 2025.20 release notes:
Charging can now be stopped and the charge cable released by pulling and holding the rear left door handle for 3 seconds, provided the vehicle is unlocked or a recognized key is nearby. This is especially useful when the charge cable doesn’t have an unlatch button. You can still release the cable using the vehicle touchscreen or the Tesla app.
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