News
Porsche reveals Taycan specs: 310-mile range, ultra-fast charge 800V battery
Porsche dubs the Taycan, formerly known as the Mission E sedan, as one of its most important vehicles since the iconic Porsche 911. The upcoming all-electric, high-performance luxury sedan is expected to compete with some of the electric vehicle market’s most formidable mainstays, such as the Tesla Model S. With a drive unit developed from Porsche’s racing pedigree and battery tech that enables ultra-high-speed charging, the Taycan is set to make an impact when it starts production next year.
The auto market is starting a shift towards electric mobility, and the Taycan will be Porsche’s flag bearer for the next few years. By 2025, the legacy automaker is aiming for “every second Porsche sold to have an electric drive unit,” meaning half of its offerings would be fully electric and the other half will be plug-in hybrids. The Taycan is projected to hit a production rate of 20,000 vehicles per year, translating to roughly 67% of the current sales figures of the Porsche 911.
The Taycan is equipped with two permanently excited synchronous motors (PSM) that produce a combined 600 hp (440 kW). Porsche’s PSM motors were used by the company in the 919 Hybrid, a sports-prototype racing car that won the 24 Hours of Le Mans in the event’s Prototype-1 Hybrid (LMP1-H) category. The carmaker states that PSM electric motors are the “turbos of the electric motor milieu,” considering their capability to boast high sustained performance while maintaining maximum efficiency. Naser Abu Daqqa, director of electric drive systems at Porsche, described one of the strategies employed by the company to maximize the performance of the Taycan’s electric motors.
“The coils are made of wires that aren’t round, but rather rectangular. This makes it possible to pack the wires more tightly and get more copper into the coil machines—increasing power and torque with the same volume,” Abu Daqqa said.
Porsche’s battery unit for the Taycan is estimated to give the all-electric car a range of 310 miles per charge. In a press release, Porsche stated that lithium-ion batteries are utilized for the all-electric sedan’s battery pack. The Taycan is equipped with an 800-volt battery, comprised of cells that hold 4 volts each.
The Taycan’s battery unit prioritizes speed over weight. Instead of installing heavy batteries, Porsche opted to employ ultra-fast charging solutions instead, using an intelligent charging protocol and a heat exchanger system that can get the vehicles’ batteries up to operating temperature quickly and cooling them when needed. Due to its battery’s design, Porsche was able to use thinner cables on the vehicle as well, allowing the company to save even more weight.
The Taycan’s fast-charging system aims to add 248.5 miles worth of range in roughly 15 minutes. Dubbed the IONITY network, the ultra-fast-charging system is a joint venture with other automakers such as the BMW Group, Daimler AG, the Ford Motor Company, and the Volkswagen Group with Audi. IONITY’s chargers have a capacity of up to 350 kW per charging point, far above Tesla’s 120 kW Supercharger network. Porsche is exploring home charging solutions as well, including inductive charging via a base plate installed on a garage floor. Lastly, the Taycan will also be compatible with existing charging infrastructure in major cities.
As Porsche prepares to start manufacturing the vehicle next year, the company is currently hard at work testing prototypes of the electric car in several regions across the globe. In the western part of South Africa alone, 21 camouflaged Taycan prototypes are currently being deployed to test how the all-electric cars fare in hot weather. By the time the Taycan starts production in 2019, Porsche expects its test vehicles to have accumulated millions of kilometers worth of data from road tests.
-
The Taycan is expected to showcase Porsche’s trademark performance, with the vehicle being listed with a 0-60 mph time of 3.5 seconds, a range of 310 miles per charge, and a top speed of 155 mph. Pre-orders for the Taycan were recently opened to interested buyers and so far, Porsche has noted that the reception to the car has been very positive.
Elon Musk
The Boring Company’s newest tunnel vehicle runs on Tesla parts and no one is driving it
The Boring Company’s new tunnel vehicle runs on Tesla Model 3 batteries and drive units.
The Boring Company just introduced a new piece of hardware, and it runs on parts pulled straight from a Tesla showroom. Liner Truck 3, unveiled in a post from the tunneling company’s official X account, is an all electric vehicle built around Tesla Model 3 battery packs and drive units, purpose built to move concrete tunnel segments to the boring machine face without a single person underground.
Introducing Liner Truck 3 — our latest fully electric tunnel vehicle.
– Tesla Model 3 battery and drive units
– Transports 22,000+ lb of concrete segments to the boring machine
– 28 miles of range
– 12 mph max operating speed
– Remotely piloted from Global OCC in Texas, with… pic.twitter.com/XB7FgSXnpy— The Boring Company (@boringcompany) August 7, 2026
The job itself is unglamorous but critical. Each precast segment run weighs more than 22,000 pounds, roughly the load of a full cement mixer, and Liner Truck 3 hauls that weight repeatedly between the surface staging area and wherever the Prufrock machine happens to be cutting.
The Boring Company said Liner Truck 3 is piloted remotely out of its Global Operations Control Center in Texas, extending the Zero-People-In-Tunnel approach the company has spent years building toward. An earlier version of a ZPIT liner truck was already tested at the company’s Bastrop, Texas research tunnels, and a factory tour released last month showed an employee flying a fully loaded liner truck with a PlayStation controller. Liner Truck 3 looks like the production version of that same idea, cleaned up and pushed into daily use.
The timing lines up with a company digging in more places than it ever has before. The Boring Company now has multiple Prufrock machines active or arriving in Nashville, where Music City Loop construction has been accelerating since February, and its Vegas Loop network keeps adding tunnel mileage on a near monthly basis. Every one of those projects depends on getting concrete segments to the cutting face fast enough to keep the boring machine from idling, which is exactly the bottleneck Liner Truck 3 is designed to remove.
-
It also reinforces something Tesla owners have watched happen gradually across Musk’s companies: passenger car hardware finding a second life in heavy equipment. Model 3 drive units already move people through the Vegas Loop, and now the same components are hauling concrete underground in Nashville and wherever The Boring Company digs next. Whether that kind of component reuse extends further into TBC’s equipment lineup, or into other Musk owned industrial hardware, is the next thing worth watching.
SpaceX stock did the opposite of what most of Wall Street expected this week, when the day designed to be its most dangerous turned into a rally, and the rally kept going.
Thursday marked the first major lockup expiration since SpaceX’s June IPO, making roughly 911.5 million insider held shares eligible to trade for the first time, more than doubling the company’s public float. Analysts and short sellers had spent weeks bracing for a flood of selling, especially after the stock fell 13 percent following its first earnings report as a public company on Tuesday. Instead, shares rose 6.1 percent Thursday to close at $114.92, and by Friday they were trading near $129, up more than another 12 percent on the day.
SpaceX shorts get warned by Musk ally, echoing Tesla’s early struggles
The setup made the outcome notable. Short interest had climbed to roughly 34 percent of the float heading into earnings, among the highest of any large cap stock, with about 95 percent of available shares to borrow already on loan. CEO Elon Musk warned short sellers twice in the weeks before the lockup, writing on X that “the survival probability of firms who maintain a significant short position in SpaceX over time is very low,” then following up on the morning of earnings with “I try to warn them, but they just double down.”
When the newly unlocked shares hit the market and the selloff never showed up, some of that short position appears to have started unwinding. TipRanks reported that options activity shifted toward bullish strategies like put selling and risk reversals following the rally, with roughly $600 million in options premium trading Thursday alone. Retail buyers also stepped in during the earnings dip, according to Vanda Research.
The fundamentals behind the stock have not changed much in a week. SpaceX’s revenue nearly doubled year over year to $7.8 billion, with Starlink subscribers doubling to 12 million and the company’s AI segment growing 247 percent. What spooked investors on Tuesday was the spending side. Capital expenditures jumped to more than $18 billion for the quarter, up from $2.8 billion a year earlier, with AI investment alone rising from $749 million to $15.8 billion. Wall Street remains split on whether that spending is building infrastructure SpaceX needs or outrunning what the business can currently support, a debate Teslarati has tracked since shares first came under pressure.
None of that resolves the bigger question hanging over the stock. Thursday’s release was only the first of nine staggered lockup tranches, with roughly $800 billion worth of additional shares scheduled to become eligible through October, and Musk’s own stake stays locked until next June. If this week is any indication, the market is treating that supply as something it can absorb rather than something to fear, at least for now.
-
News
The Boring Company’s newest Vegas Station has a permit quietly waiting behind it
Sahara Las Vegas opened a new Vegas Loop station, joining an exclusive two resort transit club.
Sahara Las Vegas opened a new Vegas Loop station Thursday, giving The Boring Company’s underground transit system its northernmost stop yet on the Strip. The station sits at Sahara’s Paradise Road entrance, on the southeast corner of Las Vegas Boulevard and Sahara Avenue, and connects riders to the Las Vegas Convention Center, other Strip resorts on the network and, eventually, Harry Reid International Airport.
The addition makes Sahara the second resort, after Fontainebleau opened its own station in January, to get a stop built at street level rather than tucked into the property itself. Sahara now joins Westgate as the only two Strip resorts offering both a Vegas Loop station and a stop on the Las Vegas Monorail, giving guests two separate ways to get around without leaving the property.
The Boring Company just doubled its tunneling power in Nashville
The bigger news buried in Thursday’s announcement is what comes next. Boring Company has already secured its first permit to tunnel north of Sahara Avenue, extending the network beyond where it currently ends, even though permits to push the Loop toward downtown Las Vegas still haven’t been granted. Crews are also working on a two mile dual tunnel line running from Westgate to a planned station at 4744 Paradise Road, just north of Tropicana Avenue, that Las Vegas Convention and Visitors Authority CEO Steve Hill has said the company hopes to open in time for November’s Las Vegas Grand Prix.
Ridership has grown alongside the buildout. The Loop moved roughly 82,000 passengers during CONEXPO in early March, a total the company highlighted on its own X account at the time, and the system has now carried more than 4 million passengers through 11 open stations since it began running in 2021. The airport connector tunnels, meant to give the Loop a direct link to Harry Reid, have slipped past their original first quarter target and remain under construction, with Boring Company director Mike Baier saying that a full opening is still a few months out.
For Sahara, the calculation is straightforward. Convention traffic drives a large share of Loop ridership, and a station at the property’s front door gives conventiongoers one more reason to book rooms on the Strip’s north end instead of closer to the convention center itself.
-
The Boring Company’s newest tunnel vehicle runs on Tesla parts and no one is driving it
Elon Musk and SpaceX shrugs off the trading day Wall Street feared most
