News
Porsche pegs two new Taycan variants to unveil at LA Auto Show
German automaker Porsche will unveil five new models at the Los Angeles Auto Show in late November, two of which will be new variants of the all-electric Taycan. The introduction of two additional Taycan trims will introduce new performance options for potential buyers. One of the models will be positioned between the Taycan 4S and the Taycan Turbo, with a new body style also being introduced among the expanding lineup of Porsche powerhouse EVs.
The Taycan, first unveiled in 2019 in Frankfurt, Germany, has been Porsche’s big move toward electrification. Combining Porsche’s traditionally-luxury name with the sporty and high-performance powertrains the company has offered for decades, the Taycan has been a well-received member of the EV community, accumulating impressive sales figures, positive reviews from owners, and even higher demand than what Porsche can supply, barring the global semiconductor shortage that has been plaguing automakers far and wide for the better portion of 2021.
The Porsche Taycan. (Photo: Sean Mitchell/Teslarati)
The Taycan is the cornerstone of Porsche’s EV project, and it is making it well-known through an expansion of available trims and configurations available to consumers. In a press release on its website on Friday, Porsche announced that it would be unveiling additional Taycan variants later this month at the annual LA Auto Show, bringing a new trim package that splits the 4S and the Turbo trims right down the middle. “The all-electric Taycan will be the focus of two world premieres: a new, incredibly dynamic variant positioned between the Taycan 4S and the Taycan Turbo, and a third body style will be revealed to the public for the first time in California,” Porsche said.
To put some perspective into play, the Taycan 4S starts at $103,800, packs 227 miles of EPA-estimated range, and has a 3.8s 0-60 MPH acceleration rate thanks to 522 horsepower and 390 kW thanks to Launch Control, which produces maximum acceleration from a standing start. Comparatively, the Turbo trim of the Tyacan starts at $150,900, offers 212 miles of EPA range, and has a 3-second 0-60 thanks to Launch Control and 670 Horsepower with 500 kW of power. Popping the additional performance will cost you for the Turbo trim, but it may be worth it.
Tesla Model S ‘Cheetah Mode’ vs Porsche Taycan Turbo S face off in test of raw power
Precisely what the German automaker will bring out is unknown. However, Porsche seems to want to split it down the middle and create a new Taycan trim that could introduce a more tempered approach to performance with slightly higher range ratings. Still, plenty is being made of the new Taycan trim, and what Porsche will show later this month could be a more appropriate mix of power, performance, and functionality.
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Elon Musk
Brazil Supreme Court orders Elon Musk and X investigation closed
The decision was issued by Supreme Court Justice Alexandre de Moraes following a recommendation from Brazil’s Prosecutor-General Paulo Gonet.
Brazil’s Supreme Federal Court has ordered the closure of an investigation involving Elon Musk and social media platform X. The inquiry had been pending for about two years and examined whether the platform was used to coordinate attacks against members of the judiciary.
The decision was issued by Supreme Court Justice Alexandre de Moraes following a recommendation from Brazil’s Prosecutor-General Paulo Gonet.
According to a report from Agencia Brasil, the investigation conducted by the Federal Police did not find evidence that X deliberately attempted to attack the judiciary or circumvent court orders.
Prosecutor-General Paulo Gonet concluded that the irregularities identified during the probe did not indicate fraudulent intent.
Justice Moraes accepted the prosecutor’s recommendation and ruled that the investigation should be closed. Under the ruling, the case will remain closed unless new evidence emerges.
The inquiry stemmed from concerns that content on X may have enabled online attacks against Supreme Court justices or violated rulings requiring the suspension of certain accounts under investigation.
Justice Moraes had previously taken several enforcement actions related to the platform during the broader dispute involving social media regulation in Brazil.
These included ordering a nationwide block of the platform, freezing Starlink accounts, and imposing fines on X totaling about $5.2 million. Authorities also froze financial assets linked to X and SpaceX through Starlink to collect unpaid penalties and seized roughly $3.3 million from the companies’ accounts.
Moraes also imposed daily fines of up to R$5 million, about $920,000, for alleged evasion of the X ban and established penalties of R$50,000 per day for VPN users who attempted to bypass the restriction.
Brazil remains an important market for X, with roughly 17 million users, making it one of the platform’s larger user bases globally.
The country is also a major market for Starlink, SpaceX’s satellite internet service, which has surpassed one million subscribers in Brazil.
Elon Musk
FCC chair criticizes Amazon over opposition to SpaceX satellite plan
Carr made the remarks in a post on social media platform X.
U.S. Federal Communications Commission (FCC) Chairman Brendan Carr criticized Amazon after the company opposed SpaceX’s proposal to launch a large satellite constellation that could function as an orbital data center network.
Carr made the remarks in a post on social media platform X.
Amazon recently urged the FCC to reject SpaceX’s application to deploy a constellation of up to 1 million low Earth orbit satellites that could serve as artificial intelligence data centers in space.
The company described the proposal as a “lofty ambition rather than a real plan,” arguing that SpaceX had not provided sufficient details about how the system would operate.
Carr responded by pointing to Amazon’s own satellite deployment progress.
“Amazon should focus on the fact that it will fall roughly 1,000 satellites short of meeting its upcoming deployment milestone, rather than spending their time and resources filing petitions against companies that are putting thousands of satellites in orbit,” Carr wrote on X.
Amazon has declined to comment on the statement.
Amazon has been working to deploy its Project Kuiper satellite network, which is intended to compete with SpaceX’s Starlink service. The company has invested more than $10 billion in the program and has launched more than 200 satellites since April of last year.
Amazon has also asked the FCC for a 24-month extension, until July 2028, to meet a requirement to deploy roughly 1,600 satellites by July 2026, as noted in a CNBC report.
SpaceX’s Starlink network currently has nearly 10,000 satellites in orbit and serves roughly 10 million customers. The FCC has also authorized SpaceX to deploy 7,500 additional satellites as the company continues expanding its global satellite internet network.
Energy
Tesla Energy gains UK license to sell electricity to homes and businesses
The license was granted to Tesla Energy Ventures Ltd. by UK energy regulator Ofgem after a seven-month review process.
Tesla Energy has received a license to supply electricity in the United Kingdom, opening the door for the company to serve homes and businesses in the country.
The license was granted to Tesla Energy Ventures Ltd. by UK energy regulator Ofgem after a seven-month review process.
According to Ofgem, the license took effect at 6 p.m. local time on Wednesday and applies to Great Britain.
The approval allows Tesla’s energy business to sell electricity directly to customers in the region, as noted in a Bloomberg News report.
Tesla has already expanded similar services in the United States. In Texas, the company offers electricity plans that allow Tesla owners to charge their vehicles at a lower cost while also feeding excess electricity back into the grid.
Tesla already has a sizable presence in the UK market. According to price comparison website U-switch, there are more than 250,000 Tesla electric vehicles in the country and thousands of Tesla home energy storage systems.
Ofgem also noted that Tesla Motors Ltd., a separate entity incorporated in England and Wales, received an electricity generation license in June 2020.
The new UK license arrives as Tesla continues expanding its global energy business.
Last year, Tesla Energy retained the top position in the global battery energy storage system (BESS) integrator market for the second consecutive year. According to Wood Mackenzie’s latest rankings, Tesla held about 15% of global market share in 2024.
The company also maintained a dominant position in North America, where it captured roughly 39% market share in the region.
At the same time, competition in the energy storage sector is increasing. Chinese companies such as Sungrow have been expanding their presence globally, particularly in Europe.
Brazil Supreme Court orders Elon Musk and X investigation closed
FCC chair criticizes Amazon over opposition to SpaceX satellite plan
