News
Multiple Porsche Taycan prototypes rip through Nurburgring for track testing
German carmaker Porsche appears to be putting the pedal to the metal with regards to the Taycan’s track capabilities, with multiple pre-production prototypes recently being spotted on the Nurburgring. As could be seen in a video taken earlier this month, several of Taycan’s test mules were spotted taking on the iconic track’s turns and straights in true Porsche fashion.
The video, which was taken by auto enthusiast Automotive Mike, shows at least seven Taycan prototypes being track tested on the Nurburgring. Based on clips of the vehicles, particularly the way some prototypes accelerated after navigating a turn, Porsche seems to be refining and testing the track capabilities of the Taycan’s different variants. While all of the Taycan test mules featured impressive acceleration as they hugged the track very well, some of the prototypes seemed to have slight differences in terms of performance.
The prototype fitted with the LB EF 2925 plate, for one, seemingly featured electric motors that were a bit more audible than the other test mules, as seen in 0:31 in the video. The prototype with the LB EF 923 license plate, on the other hand, almost appeared like it was moving in a more deliberate manner (2:04 in the video). While these differences might simply be due to the varying driving styles of the Taycan prototypes’ drivers, the non-uniform behavior of the test mules could also correspond to the different, upcoming performance trims of Porsche’s first all-electric car.
Porsche, after all, has not announced the specific price of the vehicle, though the Taycan’s model-line director, Rober Meier, noted to Automotive News that the company is expecting a price “somewhere between a Cayenne and a Panamera.” This means that while the Taycan would likely start at $75,000 (considering that the Cayenne starts at $66,000 and the Panamera starts at $85,000), there will certainly be versions of the vehicle that feature more performance for a higher price.
The continuous track testing of the Taycan test mules in the Nurburgring shows Porsche’s dedication in releasing an electric car capable of extended high-speed driving. Earlier this year, Porsche VP of Product Line BEV Stefan Weckbach noted that the Taycan (dubbed the Mission E sedan at the time), would be a track-capable alternative to the Model S, which is impressive in straight line races but handicapped in closed circuits. Porsche also promoted the Taycan as a vehicle that would have a “soul,” just like the company’s other cars like the iconic 911.
Porsche has released the specs and features of the Taycan, with the legacy carmaker stating that the vehicle would be fitted with two permanently excited synchronous motors (PSM) that produce a combined 600 hp (440 kW), allowing the electric car to accelerate from 0-60 mph in 3.5 seconds and achieve a top speed of 155 mph. The vehicle is also equipped with an 800-volt battery, which gives the car 310 miles of range per charge. Porsche has further noted that one of the Taycan’s key features would be its charging speed, which could replenish 248.5 miles worth of range in roughly 15 minutes, thanks to a 350 kW charging system.
Pre-orders for the Taycan have been opened in the United States, and so far, Porsche has stated that the reception to the upcoming all-electric vehicle has been very positive. The Taycan is expected to enter production sometime in 2019.
Watch Automotive Mike‘s sighting of the Porsche Taycan prototypes in the video below.
Investor's Corner
Tesla stock tumbles after earnings, one of its sharpest single-day declines
Tesla stock (NASDAQ: TSLA) endured one of its sharpest single-day declines in years on July 23, tumbling approximately 14.5 percent and closing near $320 after opening the session around $374. The drop erased more than $140 billion in market value amid heavy trading volume and left the shares at multi-week lows.
The sell-off followed the company’s second-quarter 2026 results, released the previous evening. Tesla reported record revenue of $28.2 billion, up 26 percent year over year, driven by a Q2-record 480,126 vehicle deliveries. Energy storage deployments also rose strongly.
Tesla (TSLA) Q2 2026 earnings results: miss on EPS, beat on revenue
Yet profitability disappointed sharply. Operating income fell 57 percent to $398 million, compressing the operating margin to just 1.4 percent. Non-GAAP earnings per share came in at $0.33, well below the roughly $0.53 analysts had expected. Free cash flow turned negative by $1.1 billion as capital expenditures surged 142 percent to $5.8 billion, largely tied to accelerated spending on artificial intelligence, robotics, and autonomous systems.
The losses on capex were expected, as Tesla said it would be spending heavily in 2026.
Investors also reacted to lingering uncertainty surrounding key product timelines. During the Earnings Call, management reiterated ambitions for Robotaxi deployment and the Optimus humanoid robot, but offered limited new concrete milestones, renewing questions about execution pace that have long accompanied Tesla’s ambitious roadmap.
The magnitude of the decline places it among Tesla’s more severe one-day percentage losses since its 2010 initial public offering. Historically, the two largest single-day drops (split-adjusted) remain September 8, 2020, when shares fell 21.1 percent amid broader market volatility and valuation concerns, and January 13, 2012, with a 19.3 percent plunge during the company’s early growth struggles.
Other notable declines include an 18.6 percent drop on March 16, 2020, at the onset of pandemic-related market turmoil. Thursday’s move ranks roughly ninth on the all-time list but stands out as the steepest in more than a year.
Despite the short-term pain, Tesla’s long-term trajectory has repeatedly recovered from such volatility. The latest results underscore both the strength of its core automotive and energy businesses and the near-term costs of heavy investment in next-generation technologies.
Elon Musk
Elon Musk is not happy about this Tesla Full Self-Driving approval delay
Elon Musk clapped back at France’s decision to withhold the approval for Tesla’s Full Self-Driving (FSD) Supervised system, projecting a clear and blunt message to French Transport Minister Phillippe Tabarot, after he publicly rejected the technology in its current form.
Tabarot outlines several concerns with Tesla Full Self-Driving in a detailed video statement, where he said, “The safety trade-offs are not yet sufficient to authorize it as it currently stands,” he said. He emphasized that FSD is not a true self-driving system and that the driver remains fully responsible.
Key issues Tabarot also brought up included allowing speeding when surrounding traffic exceeds limits and what he believes are insufficient guarantees of driver attention during complex urban maneuvers such as lane changes, intersections, and roundabouts.
Delaying the approval of FSD in France will cost lives
— Elon Musk (@elonmusk) July 22, 2026
While acknowledging technological progress and France’s support for autonomous innovation, Tabarot stressed that deployment must prioritize road safety. He noted ongoing technical discussions with Tesla, the Netherlands, and other European partners, with further ecosystem meetings planned for the fall.
Musk’s rebuke highlights the human cost of regulatory caution. Tesla’s latest safety reports provide compelling data supporting accelerated adoption. In the most recent 12-month period, vehicles using FSD (Supervised) recorded one major collision per approximately 5.1 million miles driven, dramatically better than the U.S. national average of one crash per 698,000 miles.
Even Tesla vehicles driven manually with active safety features outperform the average by a wide margin. These figures come from billions of real-world miles of telemetry, showing FSD vehicles involved in far fewer incidents than both manual Teslas and the broader U.S. fleet.
Critics argue Tesla’s comparisons require careful scrutiny regarding reporting thresholds and fleet demographics, yet the data consistently positions FSD as a potential lifesaver. With road fatalities remaining a leading cause of death worldwide, Musk contends that proven safer technology should not face prolonged bureaucratic hurdles.
France’s measured approach reflects the broader European regulatory caution, which many, especially Musk, have been critical of in the past. However, as autonomous systems from Tesla and competitors like Waymo demonstrate superior safety in independent studies, pressure is mounting for harmonized approvals.
Musk’s warning carries the belief that every month of delay may equate to avoidable tragedies on European roads.
Investor's Corner
Google’s massive stake in SpaceX will shock you
In a striking revelation that underscores the lucrative crossover between Big Tech and space exploration, Alphabet Inc., Google’s parent company, disclosed a massive $94.1 billion equity stake in SpaceX following the rocket company’s blockbuster initial public offering earlier this year.
The disclosure came in Alphabet’s quarterly filing, marking the first time the long-held private investment has been publicly valued at market prices. Google was an early backer, investing alongside Fidelity in 2015 with roughly $500-900 million at a time when SpaceX was valued around $12 billion.
That bet has delivered extraordinary returns, roughly a hundredfold, transforming a strategic play on satellite internet and launch capabilities into one of Alphabet’s largest assets.
Google, $GOOGL, has said they hold $94 billion in SpaceX, $SPCX, shares after IPO.
— unusual_whales (@unusual_whales) July 23, 2026
Of the total holding, approximately $80 billion remains subject to short-term post-IPO lockup restrictions, preventing near-term sales. An additional $14.1 billion faces longer-term restrictions, extending into the third quarter of 2027. This structure limits immediate liquidity but protects against market volatility as SpaceX transitions into public trading.
The SpaceX position contributed significantly to gains in Alphabet’s broader investment portfolio, which also includes a major stake in AI leader Anthropic. Combined, these holdings helped drive nearly $100 billion in investment gains during the second quarter, providing a substantial boost to net income amid ongoing AI spending pressures.
Analysts view the disclosure as validation of Alphabet’s venture strategy beyond its core search and cloud businesses. The investment aligns with deeper ties, including reported multi-billion-dollar deals for AI computing capacity on SpaceX infrastructure. As SpaceX advances Starship flights, Starlink expansion, and ambitious Mars goals under Elon Musk, Google’s stake positions it to benefit from the commercialization of space.
For Alphabet, the windfall highlights how patient, forward-looking bets in transformative sectors can yield outsized rewards. While lockups temper short-term impact, the holding cements SpaceX as a cornerstone of Alphabet’s diversified portfolio in an era where aerospace, AI, and connectivity increasingly intersect. Investors will watch closely as restrictions lift and SpaceX’s public performance unfolds.