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Porsche starts preparing its Zuffenhausen site for the Taycan’s production ramp
Porsche is setting the stage for the ramp of one of its most important vehicles to date — the Taycan — the veteran carmaker’s first all-electric car. The Taycan is expected to start production sometime in 2019, and to ensure that its facilities are ready for the vehicle, projects are now underway in Porsche’s Zuffenhausen facility, which will house the manufacturing line for the electric sedan.
The pedigreed carmaker has decided to set up the Taycan’s production lines in Zuffenhausen, a site with a long, storied history. Several cars, among them the iconic Porsche 911, the 718 Boxster, and the 718 Cayman, are built on the same location. A press release from Porsche notes that for the Taycan’s upcoming ramp, the company is creating 1,500 jobs and investing €700 million (over $797 million) to augment and prepare its facilities.
Several aspects of Porsche’s projects in Zuffenhausen stand out, particularly a conveyor system that transports drive system components and painted e-car bodies from the paint shop to the assembly line. The conveyor system is impressive, standing at a height of twenty meters above a four-lane main road in Stuttgart, which divides the site in half.
- Porsche’s upcoming Taycan production facilities in Zuffenhausen, Germany. (Photo: Porsche)
- Porsche’s upcoming Taycan production facilities in Zuffenhausen, Germany. (Photo: Porsche)
Porsche’s upcoming Taycan production facilities in Zuffenhausen, Germany. (Photo: Porsche)
Porsche also notes that the assembly and logistics hall for the Taycan’s production will be its largest building complex in Zuffenhausen. The company describes the construction of the structure as a balancing act, considering that the facility must be completed while the production of the 911, Boxster, and Cayman are continuing their usual output. Reiner Luth, head planner for the factory project, compares the balancing act to a medical procedure.
“The heart of Porsche beats in Zuffenhausen. We’re basically doing open-heart surgery,” he said.
Porsche has also shared images of its paint shop, whose steel structure is self-supporting. The company notes that final work on the Taycan’s paint shop is already underway. The Taycan’s body shop, which will be the second-largest building in the Zuffenhausen facility, is also being developed. Pre-production bodies of the 911 and later, the Taycan, will be made on the building.
Just like its rival, Tesla, Porsche intends to make its Zuffenhausen as environmentally-friendly as possible. Jürgen King, head of central construction management for the site’s expansion, explains that the factory will eventually be a C02-neutral plant. King also notes that the pace of the project is so far the fastest-moving in Porsche’s history.
- Porsche’s upcoming Taycan production facilities in Zuffenhausen, Germany. (Photo: Porsche)
- Porsche’s upcoming Taycan production facilities in Zuffenhausen, Germany. (Photo: Porsche)
Porsche’s upcoming Taycan production facilities in Zuffenhausen, Germany. (Photo: Porsche)
“Given these framework conditions, what we have is not only the biggest but also the fastest-moving construction site in Porsche’s history. When we’re finished expanding the factory for the Taycan, Porsche will produce zero-emission cars in a CO2-neutral plant. And that is a well-rounded result,” he said.
Porsche notes that the demand for the Taycan has been very impressive so far. Last year, the legacy automaker opened pre-orders for the vehicle, and the reception has been so positive that Porsche is now increasing the initial production of the vehicle. As noted by Porsche CEO Olliver Blume, for one, the company has logged almost 3,000 Taycan reservations in Norway alone. That’s a country where Porsche sells about 600 vehicles per year on average.
While the Taycan is about to enter production, Porsche is yet to unveil the final design of the all-electric car’s release version. So far, Porsche employs several dozens of camouflaged prototypes for testing, as well as a working version of the Mission E sedan concept car to promote the vehicle. In the company’s promotional materials for the car, Porsche states that despite the lack of engine in the Taycan, the all-electric car will still have the ever-present “soul” found in all of its other vehicles.
Elon Musk
President Trump touts new Air Force One with Musk technology
President Donald Trump unveiled an upgraded Boeing 747-8 at Joint Base Andrews on June 19, 2026, describing the Qatar-gifted aircraft as an interim Air Force One equipped with advanced communications systems, including Starlink, Elon Musk’s SpaceX satellite internet service.
The plane, valued at around $400 million and modified for presidential use, serves as a bridge until the delayed VC-25B replacements arrive. Trump highlighted its luxury features and new technology during remarks to service members.
Trump stated:
“We have communication equipment up there that nobody’s ever seen before. It’s the highest level and, uh, including Starlink. My friend Elon is going to be very happy, but, uh, Starlink and we have, uh, four or five different sets of double and triple communications like people haven’t seen.”
He added:
“And it represents what can happen with hard work, innovation, and aggressive timelines because we did this quickly and yet there’s never been communication like is on this plane.”
🚨 President Trump confirmed today that the new Air Force One is equipped with Starlink:
“We have communication equipment up there that nobody’s ever seen before, it’s the highest level and including Starlink…my friend Elon is going to be very happy.” pic.twitter.com/IhkDmtr5hL
— TESLARATI (@Teslarati) June 20, 2026
The aircraft features a redesigned red, white, and blue livery and has been outfitted with Starlink satellite connectivity alongside other secure systems.
Trump praised the plane’s uniqueness, calling it among the world’s most luxurious. The gift from Qatar and subsequent modifications have drawn attention, with the jet positioned as a solution for presidential travel. It is expected to support operations, including potential ceremonial roles such as Fourth of July flyovers.
The event marked the formal introduction of the converted jet, which will help maintain capabilities while the primary Air Force One fleet undergoes modernization. Defense observers note the inclusion of commercial satellite technology like Starlink as part of efforts to ensure resilient communications, crucial to keep the country running as the President is in the sky.
President Trump’s comments underscored appreciation for rapid upgrades and innovation in equipping the aircraft. The plane remains a U.S. government asset and is slated for eventual transfer related to presidential library purposes after its service.
News
Tesla Cybercab launch is imminent after latest sighting at Giga Texas
Tesla just gave what is perhaps its biggest signal yet that the launch of the Cybercab, its autonomous ride-hailing-geared car, is imminent.
The Cybercab has been spotted outside of Gigafactory Texas in massive numbers over the past few days, with hundreds of units being stored on property just days after the vehicle received a Certificate of Conformity from the EPA.
Today, things were a bit different.
Cybercabs spotted on Giga Texas property today had an addition: a Cybercab decal on the side, reminiscent of the “Robotaxi” ones that were placed on Model Ys just as the company launched its ride-sharing platform about a year ago.
Giga Texas drone operator Joe Tegtmeyer noticed the change today:
Tesla Cybercabs are now getting “Cybercab” logos on the side of them!
Tesla did the same with Model Ys that were given “Robotaxi” logos: https://t.co/DanANtw1m7 pic.twitter.com/FqOhH0S9Ks
— TESLARATI (@Teslarati) June 19, 2026
Tesla could be signaling that the Cybercab is preparing to enter the Robotaxi fleet in the coming weeks or months with this move. It seems more symbolic than anything; Tesla is ready to throw Cybercabs in the ride-hailing platform just as it did with Model Ys last year.
The addition of the Certificate of Conformity awarded to the Cybercab is another major factor working to Tesla’s advantage. The company now has permission from the EPA to allow the vehicle to operate on public roads and enter the chain of commerce. It’s officially street legal.
Tesla Cybercab specs revealed: range, curb weight, range ratings, and more
The big question that remains is whether Tesla will be able to operate the car without a safety monitor, especially considering it plans to put the car out there without a steering wheel or pedals. With the Cybercab only having a seating capacity of two, it is hard to believe Tesla will even consider putting a Safety Monitor in the car.
It did recently self-certify as Level 4 and has the ability to operate driverless vehicles in the State of Texas under a law that took effect on May 28. You can read more about that here:
Tesla’s Robotaxi dreams just took a massive step toward reality
We’d imagine Cybercabs will be on the roads as soon as July, but August will likely be a better estimate of when the car will be entered into the Cybercab fleet. It all depends at where Tesla is, as they’ve truly prioritized safety with the rollout of the Robotaxi platform.
News
Elon Musk says this part of Tesla ‘makes no sense’
Elon Musk has publicly questioned Moody’s credit assessments following the rating agency’s decision to assign SpaceX a Baa1 investment-grade rating, two notches above Tesla’s Baa3. The comments came amid discussions comparing the two companies’ financial profiles.
SpaceX earned its first-time Baa1 rating with a stable outlook from Moody’s. The agency highlighted the company’s leadership in orbital launches, the growing recurring revenue from its Starlink satellite network, strong vertical integration, U.S. government contracts, and emerging opportunities in AI infrastructure.
These factors were cited as supporting robust cash flows, margin expansion, and financial flexibility.
Musk responded directly: “Tesla’s credit rating is ridiculously low tbh,” and added, “Yeah, makes no sense. Tesla has over $40B in cash, no debt, and is consistently profitable!” His remarks underscored Tesla’s balance sheet strength and profitability at a time when many traditional automakers continue to report losses in the shift to electric vehicles.
Yeah, makes no sense.
Tesla has over $40B in cash, no debt and is consistently profitable!
— Elon Musk (@elonmusk) June 19, 2026
Tesla maintains a leading position in the global EV market, with diversification into energy and storage, battery technology, and robotics through projects like Optimus. Recent financial updates show the company generated positive free cash flow of $1.4 billion in Q1 2026, supported by operating cash flow of $3.9 billion. Cash and short-term investments stood at approximately $44.7 billion.
Moody’s has affirmed Tesla’s Baa3 issuer rating with a stable outlook in periodic reviews, acknowledging the company’s EV leadership, technology strengths, including AI for autonomous vehicles, solid profitability, and strong liquidity.
Tesla (TSLA) scores Baa3 Moody’s rating for ‘stable’ outlook
However, the agency has also noted challenges in the automotive segment and expectations for margin pressures.
Musk’s critique highlights a common debate about how traditional rating methodologies apply to high-growth, capital-intensive technology companies. SpaceX benefits from long-term government-backed contracts and diversified, recurring revenue streams, while Tesla’s valuation reflects heavy investment in future technologies such as autonomy and robotics.
Both ratings remain investment-grade, yet the one-notch difference has fueled online discussion about potential inconsistencies in evaluating innovative firms.
The exchange comes as SpaceX explores financing options following its recent valuation milestones, while Tesla continues executing on its multi-year roadmap. Musk’s pointed response serves as a reminder that credit ratings, though influential for borrowing costs, represent one lens through which markets assess corporate strength—and that company leaders often view their financial positions through the lens of long-term innovation and cash generation rather than short-term risk metrics alone.



