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Porsche Taycan selected by legendary American tuner as first electric vehicle project
Porsche’s flagship all-electric sports car, the Taycan, is set to receive some improvements from legendary American tuning house, Hennessey.
President and CEO of Hennessey Performance Engineering John Hennessey made the announcement in a press release on September 24. The company has been in business for 28 years and is known as one of the highest-performance mechanical modification tuning companies in the auto industry. “We’ve been planning to do something with electrified vehicles for a while now. We felt that the new Porsche Taycan was the right platform from which to modify our first EV,” he said.
Hennessey was founded in 1991 in Sealy, Texas and specializes in modifying sports cars to reach their maximum potential. The company has worked on several iconic projects, most notably the Hennessey Venom GT, a high-performance modified version of the Lotus Exige that enabled the already fast car to obtain a ridiculous 1,244 horsepower and a 270.49 mph top speed. Hennessey also created the yet-to-be-released Venom F5, a car that the company claimed can reach 300 mph.
The company has yet to work on an electric vehicle, but John Hennessey already has plans for the Taycan. “Initially, we will start with simple modifications such as wheels, tires and interior upgrades as well as exterior modifications such as more aggressive front and rear bumpers. After that we will see what might be possible in terms of adding more power,” Hennessey said.
Porsche unveiled the Taycan on September 4 in a simultaneous event in Canada, China, and Germany. The 750-horsepower electric vehicle made headlines regarding its performance when it set the four-door production electric vehicle record at the Nürburgring racetrack in Germany in late August, a record that Tesla CEO Elon Musk has stated will be beaten by the Model S.
Initial deliveries for the Taycan are expected to begin in 2020, and Hennessey will be one of the recipients of a development version of the all-electric sports car.
John Hennessey said that a majority of the company’s clients currently focus on modifications for ICE vehicles, but he also notes that some of the same customers are interested in switching to a more eco-friendly option for their daily commute. “Nearly all of our clients still want raw, powerful ICE engines. But some of them have begun to add an EV to their collections for daily driver duties,” Hennessey stated in the press release.
A company that is as notable as Hennessey taking on a new challenge of electric vehicles bodes well for those who are interested in the ever-evolving electric market but want the power and speed of a traditional sports car that has an ICE. Hennessey has decided that they will begin modifying the Taycan, and maybe its the first step in the company eventually taking on any high-performance electric vehicle, like the highly-anticipated Model S that will run “Plaid Mode“, expected to begin production in Q4 of 2020.
“We don’t want to reinvent the wheel in the electrified market, we just want to make it roll a little faster and cooler!” he said.
H/T HennesseyJarrod of TaycanEVForum.com.
Elon Musk
Tesla confirmed HW3 can’t do Unsupervised FSD but there’s more to the story
Tesla confirmed HW3 vehicles cannot run unsupervised FSD, replacing its free upgrade promise with a discounted trade-in.
Tesla has officially confirmed that early vehicles with its Autopilot Hardware 3 (HW3) will not be capable of unsupervised Full Self-Driving, while extending a path forward for legacy owners through a discounted trade-in program. The announcement came by way of Elon Musk in today’s Tesla Q1 2026 earnings call.
🚨 Our LIVE updates on the Tesla Earnings Call will take place here in a thread 🧵
Follow along below: pic.twitter.com/hzJeBitzJU
— TESLARATI (@Teslarati) April 22, 2026
The history here matters. HW3 launched in April 2019, and Tesla sold Full Self-Driving packages to owners on the understanding that the hardware was sufficient for full autonomy. Some owners paid between $8,000 and $15,000 for FSD during that period. For years, as FSD’s AI models grew more demanding, HW3 vehicles fell progressively further behind, eventually landing on FSD v12.6 in January 2025 while AI4 vehicles moved to v13 and then v14. When Musk acknowledged in January 2025 that HW3 simply could not reach unsupervised operation, and alluded to a difficult hardware retrofit.
The near-term offering is more concrete. Tesla’s head of Autopilot Ashok Elluswamy confirmed on today’s call that a V14-lite will be coming to HW3 vehicles in late June, bringing all the V14 features currently running on AI4 hardware. That is a meaningful software update for owners who have been frozen at v12.6 for over a year, and it represents genuine effort to keep older hardware relevant. Unsupervised FSD for vehicles is now targeted for Q4 2026 at the earliest, with Musk describing it as a gradual, geography-limited rollout.
For HW3 owners, the over-the-air V14-lite update is welcomed, and the discounted trade-in path at least acknowledges an old obligation. What happens next with the trade-in pricing will define how this chapter ultimately gets written. If Tesla prices the hardware path fairly, acknowledges what early adopters are owed, and delivers V14-lite on the June timeline it committed to today, it has a real opportunity to convert one of the longest-running sore subjects among early adopters into a loyalty story.
Elon Musk
Tesla isn’t joking about building Optimus at an industrial scale: Here we go
Tesla’s Optimus factory in Texas targets 10 million robots yearly, with 5.2 million square feet under construction.
Tesla’s Q1 2026 Update Letter, released today, confirms that first generation Optimus production lines are now well underway at its Fremont, California factory, with a pilot line targeting one million robots per year to start. Of bigger note is a shared aerial image of a large piece of land adjacent to Gigafactory Texas, that Tesla has prominently labeled “Optimus factory site preparation.”
Permit documents show Tesla is seeking to add over 5.2 million square feet of new building space to the Giga Texas North Campus by the end of 2026, at an estimated construction investment of $5 billion to $10 billion. The longer term production target for that facility is 10 million Optimus units per year. Giga Texas already sits on 2,500 acres with over 10 million square feet of existing factory floor, and the North Campus expansion is being built to support multiple projects, including the dedicated Optimus factory, the Terafab chip fabrication facility (a joint Tesla/SpaceX/xAI venture), a Cybercab test track, road infrastructure, and supporting facilities.
Credit: TESLA
Texas makes strategic sense beyond the existing infrastructure. The state’s tax structure, lower labor costs relative to California, and the proximity to Tesla’s AI training cluster Cortex 1 and 2, both located at Giga Texas and now totaling over 230,000 H100 equivalent GPUs, means the Optimus software stack and the factory producing the hardware will share the same campus. Tesla’s Q1 report also confirmed completion of the AI5 chip tape out in April, the inference processor designed specifically to power Optimus units in the field.
As Teslarati reported, the Texas facility is intended to house Optimus V4 production at full scale. Musk told the World Economic Forum in January that Tesla plans to sell Optimus to the public by end of 2027 at a price between $20,000 and $30,000, stating, “I think everyone on earth is going to have one and want one.” He has previously pegged long term demand for general purpose humanoid robots at over 20 billion units globally, citing both consumer and industrial use cases.
Tesla (NASDAQ: TSLA) reported its earnings for the first quarter of 2026 on Wednesday afternoon. Here’s what the company reported compared to what Wall Street analysts expected.
The earnings results come after Tesla reported a miss on vehicle deliveries for the first quarter, delivering 358,023 vehicles and building 408,386 cars during the three-month span.
As Tesla transitions more toward AI and sees itself as less of a car company, expectations for deliveries will begin to become less of a central point in the consensus of how the quarter is perceived.
Nevertheless, Tesla is leaning on its strong foundation as a car company to carry forward its AI ambitions. The first quarter is a good ground layer for the rest of the year.
Tesla Q1 2026 Earnings Results
Tesla’s Earnings Results are as follows:
- Non-GAAP EPS – $0.41 Reported vs. $0.36 Expected
- Revenues – $22.387 billion vs. $22.35 billion Expected
- Free Cash Flow – $1.444 billion
- Profit – $4.72 billion
Tesla beat analyst expectations, so it will be interesting to see how the stock responds. IN the past, we’ve seen Tesla beat analyst expectations considerably, followed by a sharp drop in stock price.
On the same token, we’ve seen Tesla miss and the stock price go up the following trading session.
Tesla will hold its Q1 2026 Earnings Call in about 90 minutes at 5:30 p.m. on the East Coast. Remarks will be made by CEO Elon Musk and other executives, who will shed some light on the investor questions that we covered earlier this week.
You can stream it below. Additionally, we will be doing our Live Blog on X and Facebook.
Q1 2026 Earnings Call at 4:30pm CT https://t.co/pkYIaGJ32y
— Tesla (@Tesla) April 22, 2026
Tesla confirmed HW3 can’t do Unsupervised FSD but there’s more to the story
Tesla isn’t joking about building Optimus at an industrial scale: Here we go
