News
Tesla rival Porsche Taycan (Mission E) hits Nürburgring for high-speed testing
The Porsche Taycan, formerly known as the Mission E sedan, was recently spotted doing some high-speed testing at Germany’s famed Nürburgring. As could be seen in a compilation of the all-electric car’s runs, it appears that the Taycan would be able to live up to Porsche’s statement that the vehicle would be capable of being driven hard for extended periods on the track.
The recent video of the Taycan’s high-speed Nürburgring run was uploaded by noted YouTube car enthusiast Automotive Mike, who was able to film the vehicle at multiple points in the 12.9-mile track. True to its pedigreed ICE-powered siblings, the Taycan looks very much at home on the Nürburgring, going through corners at high speed by taking advantage of its low center of gravity caused by its floor-mounted battery pack.
Unlike the recent advertisements for the vehicle, however, Porsche opted to drive a pre-production Taycan prototype around the track. The pre-production units of the Taycan feature several different elements from the original Mission E concept unveiled at the 2015 Frankfurt Motor Show. Porsche’s Mission E concept car has been received with acclaim, partly thanks to its futuristic design and unique elements such as its rear suicide doors. Compared to the Mission E concept, however, the design of the Porsche Taycan’s pre-production vehicle is rather tame. The Taycan’s rear, for one, has been changed from the concept car’s original design, as it now features a more traditional Porsche 911-esque theme. Fake exhaust pipes are also fitted in the pre-production Taycan, likely as a means to throw off onlookers.
The Taycan is expected to be released at some point next year. Designed as an all-electric all-wheel-drive vehicle, the Taycan is expected to compete in the same segment as Tesla’s flagship Model S sedan. The Taycan features some impressive specs to make it attractive on the market, including a 0-60 mph time of 3.5 seconds, a range of 310 miles, and a maximum speed of 155 mph. As noted by Porsche VP of Product Line BEV, Stefan Weckbach, the Taycan (dubbed as the Mission E sedan at the time) would establish itself as a track-worthy alternative to the Tesla Model S, an electric car that is quick on the drag strip but flawed on the track. With this in mind, it appears that Porche’s continued high-speed testing sessions on the Nürburgring are an attempt to ensure that when the car does get released, even hardcore Porsche owners can attest to the vehicle’s “soul” and racing pedigree.
While the Porsche Taycan would most definitely perform better than the current-generation Model S on the track, Tesla’s new vehicles could soon give the German legacy automaker some competition in places like the Nürburgring. The Model 3 Performance, for one, is expected to be a capable track vehicle, with Elon Musk stating that it would be 15% faster on a racecourse than a BMW M3. The Model 3 Performance’s listed specs are actually quite similar to the Taycan, with Tesla’s compact electric car having a 0-60 mph time of 3.5 seconds, a range of 310 miles, and a top speed of 155 mph. Once the production version of the Taycan is ready, it would likely be only a matter of time before auto enthusiasts would start pitting Porsche’s pedigreed electric car against the Model 3 Performance.
Now as for how the Porsche Taycan would compare to Tesla’s oft-rumored upcoming update to the Model S? Well, that is an entirely different rabbit hole altogether.
Watch the Porsche Taycan (Mission E) take on the Nürburgring in its latest track testing session.
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
