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Porsche teases Taycan trim levels, over $130,000 price for “Turbo” variant
Porsche is expected to start the production of the Taycan, its first all-electric car, sometime in 2019. As the carmaker prepares to dip its feet into the premium EV market, some details about the upcoming vehicle are now starting to emerge. Take, for one, the names of the Taycan’s trim levels, as well as their corresponding price range.
Auto journalist Alex Roy recently shared a message he received from a Porsche Global Brand Ambassador as a response to an inquiry about the Taycan. As noted by the journalist, Porsche appears to be adopting a rather unique naming scheme for its Tesla Model S rival, particularly for the vehicle’s top trim.
Following is an excerpt from Porsche’s message to the journalist.
“I am following up on your inquiry on the upcoming Porsche Taycan. We are expecting to see the new model in about one year from now. Porsche is going to build three models — the Taycan, the Taycan 4S, and (the) Taycan Turbo. Pricing will start in the low $90,000 for the Taycan, high $90,000 for the 4S, and over $130,000 for the Turbo before options.”
Immediately noticeable is Porsche’s use of the word “Turbo” to denote the high-performance version of the Taycan. Such a naming scheme is a bit unusual for an electric car, considering that the vehicle would not have a turbo per se. That said, Roy noted in an article on The Drive that Porsche does tend to use the “Turbo” brand as a means to distinguish a halo vehicle from other cars in its lineup.
Thus, as unusual as it might be, calling the top-tier electric car the Taycan Turbo might actually be a very strategic move for the German legacy carmaker. After all, using familiar terminology on the electric car could help the company’s dedicated fanbase be more open to Porsche’s transition towards electrified mobility. Apart from this, using the “Turbo” designation for the Taycan’s top trim also gives the impression that the vehicle is a flagship car — one that the company intends to support for years to come.
Pricing-wise, the Taycan appears to be starting at a price above the entry-level Tesla Model S 75D. If the information provided by the Porsche Global Brand Ambassador proves accurate, the entry-level Taycan will start roughly $12,000 more than the entry-level Model S, which starts at $78,000. The midrange Taycan 4S, though, appears to be directly aimed at the Model S 100D, which starts at $96,000 before incentives.
Quite interestingly, the Taycan Turbo’s $130,000 starting price actually undercuts the Model S P100D’s current $135,000 starting price. That said, if the specs that Porsche announced for the vehicle — such as a 0-60 mph time of 3.5 seconds, a top speed of 155 mph, and a range of 310 miles per charge — are true for the Taycan Turbo, the vehicle would be slower off the line and have a slightly shorter range than Tesla’s flagship performance sedan. This would make the Taycan Turbo’s specs, down to its proficiency on the track, more comparable to the Model 3 Performance, which starts at a far more affordable price of $64,000.
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
