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.
Elon Musk
Elon Musk confirms xAI’s purchase of five 380 MW natural gas turbines
The deal, which was confirmed by Musk on X, highlights xAI’s effort to aggressively scale its operations.
xAI, Elon Musk’s artificial intelligence startup, has purchased five additional 380 MW natural gas turbines from South Korea’s Doosan Enerbility to power its growing supercomputer clusters.
The deal, which was confirmed by Musk on X, highlights xAI’s effort to aggressively scale its operations.
xAI’s turbine deal details
News of xAI’s new turbines was shared on social media platform X, with user @SemiAnalysis_ stating that the turbines were produced by South Korea’s Doosan Enerbility. As noted in an Asian Business Daily report, Doosan Enerbility announced last October that it signed a contract to supply two 380 MW gas turbines for a major U.S. tech company. Doosan later noted in December that it secured an order for three more 380 MW gas turbines.
As per the X user, the gas turbines would power an additional 600,000+ GB200 NVL72 equivalent size cluster. This should make xAI’s facilities among the largest in the world. In a reply, Elon Musk confirmed that xAI did purchase the turbines. “True,” Musk wrote in a post on X.
xAI’s ambitions
Recent reports have indicated that xAI closed an upsized $20 billion Series E funding round, exceeding the initial $15 billion target to fuel rapid infrastructure scaling and AI product development. The funding, as per the AI startup, “will accelerate our world-leading infrastructure buildout, enable the rapid development and deployment of transformative AI products.”
The company also teased the rollout of its upcoming frontier AI model. “Looking ahead, Grok 5 is currently in training, and we are focused on launching innovative new consumer and enterprise products that harness the power of Grok, Colossus, and 𝕏 to transform how we live, work, and play,” xAI wrote in a post on its website.
Elon Musk
Elon Musk’s xAI closes upsized $20B Series E funding round
xAI announced the investment round in a post on its official website.
xAI has closed an upsized $20 billion Series E funding round, exceeding the initial $15 billion target to fuel rapid infrastructure scaling and AI product development.
xAI announced the investment round in a post on its official website.
A $20 billion Series E round
As noted by the artificial intelligence startup in its post, the Series E funding round attracted a diverse group of investors, including Valor Equity Partners, Stepstone Group, Fidelity Management & Research Company, Qatar Investment Authority, MGX, and Baron Capital Group, among others.
Strategic partners NVIDIA and Cisco Investments also continued support for building the world’s largest GPU clusters.
As xAI stated, “This financing will accelerate our world-leading infrastructure buildout, enable the rapid development and deployment of transformative AI products reaching billions of users, and fuel groundbreaking research advancing xAI’s core mission: Understanding the Universe.”
xAI’s core mission
Th Series E funding builds on xAI’s previous rounds, powering Grok advancements and massive compute expansions like the Memphis supercluster. The upsized demand reflects growing recognition of xAI’s potential in frontier AI.
xAI also highlighted several of its breakthroughs in 2025, from the buildout of Colossus I and II, which ended with over 1 million H100 GPU equivalents, and the rollout of the Grok 4 Series, Grok Voice, and Grok Imagine, among others. The company also confirmed that work is already underway to train the flagship large language model’s next iteration, Grok 5.
“Looking ahead, Grok 5 is currently in training, and we are focused on launching innovative new consumer and enterprise products that harness the power of Grok, Colossus, and 𝕏 to transform how we live, work, and play,” xAI wrote.
Investor's Corner
Tesla gets price target bump, citing growing lead in self-driving
Tesla (NASDAQ: TSLA) stock received a price target update from Pierre Ferragu of Wall Street firm New Street Research, citing the company’s growing lead in self-driving and autonomy.
On Tuesday, Ferragu bumped his price target from $520 to $600, stating that the consensus from the Consumer Electronics Show in Las Vegas was that Tesla’s lead in autonomy has been sustained, is growing, and sits at a multiple-year lead over its competitors.
CES 2026 validates Tesla’s FSD strategy, but there’s a big lag for rivals: analyst
“The signal from Vegas is loud and clear,” the analyst writes. “The industry isn’t catching up to Tesla; it is actively validating Tesla’s strategy…just with a 12-year lag.”
The note shows that the company’s prowess in vehicle autonomy is being solidified by lagging competitors that claim to have the best method. The only problem is that Tesla’s Vision-based approach, which it adopted back in 2022 with the Model 3 and Model Y initially, has been proven to be more effective than competitors’ approach, which utilizes other technology, such as LiDAR and sensors.
Currently, Tesla shares are sitting at around $433, as the company’s stock price closed at $432.96 on Tuesday afternoon.
Ferragu’s consensus on Tesla shares echoes that of other Wall Street analysts who are bullish on the company’s stock and position within the AI, autonomy, and robotics sector.
Dan Ives of Wedbush wrote in a note in mid-December that he anticipates Tesla having a massive 2026, and could reach a $3 trillion valuation this year, especially with the “AI chapter” taking hold of the narrative at the company.
Ives also said that the big step in the right direction for Tesla will be initiating production of the Cybercab, as well as expanding on the Robotaxi program through the next 12 months:
“…as full-scale volume production begins with the autonomous and robotics roadmap…The company has started to test the all-important Cybercab in Austin over the past few weeks, which is an incremental step towards launching in 2026 with important volume production of Cybercabs starting in April/May, which remains the golden goose in unlocking TSLA’s AI valuation.”
Tesla analyst breaks down delivery report: ‘A step in the right direction’
Tesla has transitioned from an automaker to a full-fledged AI company, and its Robotaxi and Cybercab programs, fueled by the Full Self-Driving suite, are leading the charge moving forward. In 2026, there are major goals the company has outlined. The first is removing Safety Drivers from vehicles in Austin, Texas, one of the areas where it operates a ride-hailing service within the U.S.
Ultimately, Tesla will aim to launch a Level 5 autonomy suite to the public in the coming years.