News
Porsche Taycan showcases track abilities beside high-performance cars in the Nurburgring
Porsche has been very vocal about its aim to ensure that the Taycan, its first all-electric car, would be at home on the racetrack. Porsche’s gasoline-powered cars are famed for their performance and their “soul,” and the company has maintained that the Taycan would be no different.
This means that the upcoming electric four-door sedan would have to be proficient and tuned enough to handle the world’s most challenging racecourses. To accomplish this, Porsche has been taking some of the Taycan’s camouflaged prototypes to one of Germany’s most iconic tracks — the Nurburgring. The intense, twisting 12.93-mile racetrack is famed for its difficulty, resulting in an adage which states that “if a vehicle runs on the Nurburgring, it can run anywhere.”
Just recently, the Porsche Taycan was sighted sharing the famous racetrack with some of Germany’s most iconic high-performance cars, as well as a number of fellow camouflaged prototypes from Audi, BMW, and Mercedes-Benz, to name a few. A video of the vehicles was posted by YouTube’s cvdzijden – Supercar Videos channel, which shares clips of vehicle testing sessions in the racetrack.
The recent Nurburgring session is part of the Industry Pool, an initiative that involves more than two dozen OEMs, all of which combine financial resources to rent out the racetrack four days a week, 16 weeks a year (usually two weeks/month between April and October). In true Industry Pool fashion, several unreleased vehicles could be seen aggressively tackling the turns of the track, but among all of the cars, the Taycan stands apart due to its stealthy way of hugging turns and then exploding forward with its instant torque.
Porsche’s approach to refining the track capabilities of the Taycan is indicative of its experience in the auto industry. Over the past months, the automaker has been taking its camouflaged Taycan prototypes to the Nurburgring for track sessions. This approach seems to be a little bit different from Tesla and its Track Mode for the Model 3 Performance, which was largely developed in-house and heavily software-based. Tesla CEO Elon Musk dubbed Track Mode as an “Expert User Mode” for the electric car, in the way that it would allow drivers to tweak their vehicles’ settings according to their preferences.
The Porsche Taycan is expected to be marketed as a competitor for the Tesla Model S, but its listed specs are more comparable to the Model 3 Performance. The German automaker states that the Taycan would be able to accelerate from 0-60 mph in 3.5 seconds, eventually hitting a top speed of 155 mph. The vehicle is also expected to feature a 310-mile range per charge, and it would be supported by Porsche’s upcoming Charge Parks, a fast-charging network not unlike Tesla’s Superchargers.
Porsche seems to be the one legacy automaker that is really committed to its electric car push. While companies like Jaguar and Mercedes-Benz have released electric vehicles, neither one has announced a dedicated charging infrastructure for their cars. That said, this is not to say that everything about the Taycan is going well.
The company plans to build the Taycan at its Zuffenhausen facility in Stuttgart, Germany, a location that also manufactures the Porsche 911, 718 Boxster, and the 718 Cayman. Last July, Porsche head of production Albrecht Reimold noted that it is quite difficult to find a location to set up the Taycan’s assembly lines in the facility, especially considering the work that would have to be done to transform the factory and optimize it for the electric car’s production. Ultimately, Porsche aims to build 20,000 Taycans per year when the vehicle enters production, which is expected to begin in 2019.
Watch the Porsche Taycan fit right in with other high-performance cars in the video below.
Elon Musk
Musk bankers looking to trim xAI debt after SpaceX merger: report
xAI has built up $18 billion in debt over the past few years, with some of this being attributed to the purchase of social media platform Twitter (now X) and the creation of the AI development company. A new financing deal would help trim some of the financial burden that is currently present ahead of the plan to take SpaceX public sometime this year.
Elon Musk’s bankers are looking to trim the debt that xAI has taken on over the past few years, following the company’s merger with SpaceX, a new report from Bloomberg says.
xAI has built up $18 billion in debt over the past few years, with some of this being attributed to the purchase of social media platform Twitter (now X) and the creation of the AI development company. Bankers are trying to create some kind of financing plan that would trim “some of the heavy interest costs” that come with the debt.
The financing deal would help trim some of the financial burden that is currently present ahead of the plan to take SpaceX public sometime this year. Musk has essentially confirmed that SpaceX would be heading toward an IPO last month.
The report indicates that Morgan Stanley is expected to take the leading role in any financing plan, citing people familiar with the matter. Morgan Stanley, along with Goldman Sachs, Bank of America, and JPMorgan Chase & Co., are all expected to be in the lineup of banks leading SpaceX’s potential IPO.
Since Musk acquired X, he has also had what Bloomberg says is a “mixed track record with debt markets.” Since purchasing X a few years ago with a $12.5 billion financing package, X pays “tens of millions in interest payments every month.”
That debt is held by Bank of America, Barclays, Mitsubishi, UFJ Financial, BNP Paribas SA, Mizuho, and Société Générale SA.
X merged with xAI last March, which brought the valuation to $45 billion, including the debt.
SpaceX announced the merger with xAI earlier this month, a major move in Musk’s plan to alleviate Earth of necessary data centers and replace them with orbital options that will be lower cost:
“In the long term, space-based AI is obviously the only way to scale. To harness even a millionth of our Sun’s energy would require over a million times more energy than our civilization currently uses! The only logical solution, therefore, is to transport these resource-intensive efforts to a location with vast power and space. I mean, space is called “space” for a reason.”
The merger has many advantages, but one of the most crucial is that it positions the now-merged companies to fund broader goals, fueled by revenue from the Starlink expansion, potential IPO, and AI-driven applications that could accelerate the development of lunar bases.
News
Tesla pushes Full Self-Driving outright purchasing option back in one market
Tesla announced last month that it would eliminate the ability to purchase the Full Self-Driving software outright, instead opting for a subscription-only program, which will require users to pay monthly.
Tesla has pushed the opportunity to purchase the Full Self-Driving suite outright in one market: Australia.
The date remains February 14 in North America, but Tesla has pushed the date back to March 31, 2026, in Australia.
NEWS: Tesla is ending the option to buy FSD as a one-time outright purchase in Australia on March 31, 2026.
It still ends on Feb 14th in North America. https://t.co/qZBOztExVT pic.twitter.com/wmKRZPTf3r
— Sawyer Merritt (@SawyerMerritt) February 13, 2026
Tesla announced last month that it would eliminate the ability to purchase the Full Self-Driving software outright, instead opting for a subscription-only program, which will require users to pay monthly.
If you have already purchased the suite outright, you will not be required to subscribe once again, but once the outright purchase option is gone, drivers will be required to pay the monthly fee.
The reason for the adjustment is likely due to the short period of time the Full Self-Driving suite has been available in the country. In North America, it has been available for years.
Tesla hits major milestone with Full Self-Driving subscriptions
However, Tesla just launched it just last year in Australia.
Full Self-Driving is currently available in seven countries: the United States, Canada, China, Mexico, Australia, New Zealand, and South Korea.
The company has worked extensively for the past few years to launch the suite in Europe. It has not made it quite yet, but Tesla hopes to get it launched by the end of this year.
In North America, Tesla is only giving customers one more day to buy the suite outright before they will be committed to the subscription-based option for good.
The price is expected to go up as the capabilities improve, but there are no indications as to when Tesla will be doing that, nor what type of offering it plans to roll out for owners.
Elon Musk
Starlink terminals smuggled into Iran amid protest crackdown: report
Roughly 6,000 units were delivered following January’s unrest.
The United States quietly moved thousands of Starlink terminals into Iran after authorities imposed internet shutdowns as part of its crackdown on protests, as per information shared by U.S. officials to The Wall Street Journal.
Roughly 6,000 units were delivered following January’s unrest, marking the first known instance of Washington directly supplying the satellite systems inside the country.
Iran’s government significantly restricted online access as demonstrations spread across the country earlier this year. In response, the U.S. purchased nearly 7,000 Starlink terminals in recent months, with most acquisitions occurring in January. Officials stated that funding was reallocated from other internet access initiatives to support the satellite deployment.
President Donald Trump was aware of the effort, though it remains unclear whether he personally authorized it. The White House has not issued a comment about the matter publicly.
Possession of a Starlink terminal is illegal under Iranian law and can result in significant prison time. Despite this, the WSJ estimated that tens of thousands of residents still rely on the satellite service to bypass state controls. Authorities have reportedly conducted inspections of private homes and rooftops to locate unauthorized equipment.
Earlier this year, Trump and Elon Musk discussed maintaining Starlink access for Iranians during the unrest. Tehran has repeatedly accused Washington of encouraging dissent, though U.S. officials have mostly denied the allegations.
The decision to prioritize Starlink sparked internal debate within U.S. agencies. Some officials argued that shifting resources away from Virtual Private Networks (VPNs) could weaken broader internet access efforts. VPNs had previously played a major role in keeping Iranians connected during earlier protest waves, though VPNs are not effective when the actual internet gets cut.
According to State Department figures, about 30 million Iranians used U.S.-funded VPN services during demonstrations in 2022. During a near-total blackout in June 2025, roughly one-fifth of users were still able to access limited connectivity through VPN tools.
Critics have argued that satellite access without VPN protection may expose users to geolocation risks. After funds were redirected to acquire Starlink equipment, support reportedly lapsed for two of five VPN providers operating in Iran.
A State Department official has stated that the U.S. continues to back multiple technologies, including VPNs alongside Starlink, to sustain people’s internet access amidst the government’s shutdowns.
Musk bankers looking to trim xAI debt after SpaceX merger: report
SpaceX launches Crew-12 on Falcon 9, lands first booster at new LZ-40 pad
