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Amid Porsche Taycan’s success, German automaker CEO looks towards e-fuels

Credit: Christoph Bauer

Published

6 years ago

on

The Porsche Taycan has seen success since its release, and it has become extremely evident this year. In a statement to auto motor und sport, Porsche CEO Oliver Blume stated that orders for the Taycan are slated to exceed the company’s original 20,000-unit goal for 2020. Amidst the Taycan’s momentum, Porsche appears to be looking towards other sustainable solutions that could keep even its internal combustion vehicle business going. 

“Despite the closure of dealerships and factories during the first wave of corona, we will surpass our original target of 20,000 vehicles sold this year,” Blume said. 

While addressing the German media outlet, Blume remarked that Porsche was only able to sell 4,480 units of the Taycan during the first half of 2020. But by the end of October, Taycan sales rose dramatically to 10,994. Considering Blume’s statement, it appears that Porsche is poised to sell about 10,000 more Taycans in the fourth quarter alone. 

Porsche’s electric vehicle program is only bound to get more prominent. The Taycan Cross Turismo, a variant of the Taycan that’s optimized for utility, is expected to be released soon. The all-electric Macan, an EV version of one of the company’s best-selling vehicles, is expected to be released in the near future as well.

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Despite the projected success of Porsches electric line of cars, Blume expressed some support for the development of e-fuels. His stance on e-fuels seems to oppose Volkswagen’s, Porsche’s parent company. 

“Synthetic fuels are not in competition with electromobility, but complement (EVs) sensibly, especially backwards,” Blume said. 

Porsche’s Development Director Michael Steiner shared a similar opinion about e-fuels in a previous press release. Steiner acknowledged that electric vehicles have pushed the auto industry to pursue more sustainable alternatives to fuel. However, he believes e-mobility isn’t changing the auto industry fast enough. The Development Director argued that developing synthetic fuels was important because the combustion engine would still dominate the automotive world for many years. 

“Electromobility is an absolutely inspiring and convincing technology. But taken on its own, it is moving us towards sustainability less quickly than we want to. That is why we are also committed to the topic of eFuels – also with regard to possible uses in motorsport,” Steiner said. 

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While Porsche’s stance on the use of e-fuels is understandable considering its pedigree as a sports car maker, the adoption of alternative fuels as a replacement for fossil fuels presents a lot of challenges. The production of e-fuels is complex as they typically utilize hydrogen, which is obtained by electrolysis. Since hydrogen is generated from water, it requires large amounts of electricity. Some would argue that this electricity could simply be used to power vehicles like the Taycan and the electric Macan directly. E-fuels are unavailable on a large scale as well, and it remains to be seen if an infrastructure would be set up in the near future. 

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Maria--aka "M"-- is an experienced writer and book editor. She's written about several topics including health, tech, and politics. As a book editor, she's worked with authors who write Sci-Fi, Romance, and Dark Fantasy. M loves hearing from TESLARATI readers. If you have any tips or article ideas, contact her at maria@teslarati.com or via X, @Writer_01001101.

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Investor's Corner

Lucid denies rumors of bankruptcy after over 40% stock drop

Published

4 hours ago

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July 14, 2026

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Credit: Lucid

Electric vehicle maker Lucid Group has denied rumors of an imminent bankruptcy after a report from this morning sent the stock on a dramatic drop on Wall Street, seeing losses of more than 40 percent during trading hours.

Lucid’s Director of Communications, Nick Twork, responded to the report from Eletric-Vehicles.com, which stated the company’s restructuring advisor, AlixPartners, was asked to review two decisions: taking Lucid shares private or filing for Chapter 11 bankruptcy protection.

The report also claims AlixPartners told the Lucid board to “concentrate on Gravity production while improving its quality, and to temporarily hold back the Lucid Air, the sedan that has defined the company since its launch.”

Twork said:

Shares rebounded after the response to the report, halving its losses as the trading day neared 3 p.m. Eastern.

Lucid has struggled to get its sales off the ground and into more respectable numbers, but the company is in its early years, when things are hard to begin with. It is also backed by several notable investors, including the Saudi Public Investment Fund (PIF), which has nearly limitless money and likely would not ditch an investment of this size so soon.

Lucid shares were down just 14 percent at the time of publication, a far cry from the 55 percent its losses topped out at during the day.

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Tesla owner attempts resale of Model S Signature Edition for over $260k

Published

7 hours ago

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July 14, 2026

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Credit: Tesla

A Tesla owner who purchased a Model S Signature Edition, one of the final 250 units of the all-electric flagship vehicle that the company discontinued earlier this year, is attempting to sell the car despite a no-resale clause that prohibits reselling for the first year.

The car is being sold by J&S Autohaus in Ewing, New Jersey, and is priced at $260,490, well above the $159,420 that Tesla sold it for earlier this year.

To those who do not know, the Model S Signature was a highly exclusive, limited-run farewell variant of the Model S Plaid that was produced this year to mark the end of production of both the Model S and Model X, Tesla’s two flagship vehicles.

Limited to just 250 units with invite-only sales, it serves as a collector’s item celebrating the legacy of the Model S, which helped pioneer Tesla’s electric vehicle success since its 2012 launch.

It bundles top-tier performance with bespoke cosmetic and luxury upgrades, plus Tesla’s Luxe Package. Here’s what the Model S Signature has over the typical Model S Plaid:

  • Exclusive Exterior – Unique Garnet Red Paint, matching door handles, gold Tesla “T” badges upfront, gold Plaid and Signature badging at the rear.
  • Premium Interior – White Alcantara upholstery with gold piping/accents, gold Plaid seat badges, Signature-marked door sills, individually numbered dashboard plaque, gold puddle lights, special interior lighting sequence, and a custom Signature key fob.
  • Performance Upgrades – Carbon-ceramic brakes with gold calipers
  • Bundled Luxe Package – Full Self-Driving (Supervised), four years of Premium Connectivity, free lifetime Supercharging
  • Performance Metrics – ~1,020 horsepower, sub-2-second 0-60 MPH, ~390-mile range

Tesla quickly introduced a No Resale Agreement for the Signature Editions of the Model S and Model X, which would penalize the seller for “the amount of $50,000 or the value received as consideration for the sale or transfer, whichever is greater.”

The company continues:

“If you sell or otherwise transfer the ownership of your Model S or Model X, the remainder of the Recommended Maintenance, Wheel and Tire Protection Plan, and Windshield Protection Plan will transfer automatically to the buyer. The Full Self-Driving (Supervised), Free Supercharging and Premium Connectivity will not transfer with the vehicle and will terminate once the ownership of the Model S or Model X is transferred.”

Tesla will likely come after the seller, especially as it has been about two months since Tesla launched deliveries.

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Tesla Full Self-Driving v14.3.5 Early Impressions: new features and early performance

Published

11 hours ago

on

July 14, 2026

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Credit: TESLARATI

Tesla rolled out Full Self-Driving (Supervised) v14.3.5 yesterday, and about fifty miles of driving on the new version has given me enough time to highlight what seems to be strong about the release and what is not.

Additionally, Tesla has added a few new features with this specific update, which we’ll highlight as well.

Tesla Full Self-Driving v14.3.5 Performance

The new update is business as usual. Things seem to be running completely normal and necessary, but there are a few things that we’ve seemed to pick up on based on our own experience with v14.3.5, as well as what other users are seeing.

Initially, it seems to be more aware of its surroundings, making moves that are incredibly courteous to other drives and operating just a tad more reserved than what the suite might have done previously.

We had two instances where it showed this, the first being FSD needing to pass a Flagger Force vehicle that was placing down signage for the day. Their work truck was right at the front corner of a right-hand turn; typically where most cars travel when they take that turn.

FSD v14.3.5 recognized this, slowed down, and took the turn wide with no issues:

Additionally, v14.3.5 backed up for a semi truck that was making a wide turn onto a road my car was on. This is not new, but it seemed to be backing up for courtesy; it didn’t seem completely necessary, but it might have put some peace of mind in the truck driver’s head:

X user Mike P, also a Pennsylvania native like myself, shared three clips of his Tesla running v14.3.5 performing similar maneuvers. He said:

“FSD turns right into a small alley that only fits one car at a time, sees oncoming car, reverses out of alley to make space, realizes oncoming car is actually parking, re-enters alley.”
Check it out here:

It seems like Speed Profiles are still in need of some tweaking; I am adjusting what Speed Profile I’m in frequently, constantly changing it to get it to travel at the correct speed. This was an issue for me on v14.3.4. It seems like they’re just a little inconsistent.

Terrible Parking

Parking attempts on v14.3.5 were not good. There are quite a few people who have said this:

David Moss, the Tesla owner who has taken multiple coast-to-coast drives without any interventions, also has had some issues with parking early on with v14.3.5:

New Features

Tesla has added the ability to open Camera Preview at any time. Previously, it was only available in Park. Here’s what that feature looks like in action:

Check back later this week for a longer review of what we’ve noticed on Full Self-Driving v14.3.5.

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