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Porsche teases Taycan trim levels, over $130,000 price for “Turbo” variant

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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.

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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. 

Simon is an experienced automotive reporter with a passion for electric cars and clean energy. Fascinated by the world envisioned by Elon Musk, he hopes to make it to Mars (at least as a tourist) someday. For stories or tips--or even to just say a simple hello--send a message to his email, simon@teslarati.com or his handle on X, @ResidentSponge.

Elon Musk

Elon Musk teases previously unknown Tesla Optimus capability

Elon Musk revealed over the weekend that the humanoid robot should be able to utilize Tesla’s dataset for Full Self-Driving (FSD) to operate cars not manufactured by Tesla.

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Credit: @heydave7/X

Elon Musk revealed a new capability that Tesla Optimus should have, and it is one that will surely surprise many people, as it falls outside the CEO’s scope of his several companies.

Tesla Optimus is likely going to be the biggest product the company ever develops, and Musk has even predicted that it could make up about 80 percent of the company’s value in the coming years.

Teasing the potential to eliminate any trivial and monotonous tasks from human life, Optimus surely has its appeal.

However, Musk revealed over the weekend that the humanoid robot should be able to utilize Tesla’s dataset for Full Self-Driving (FSD) to operate cars not manufactured by Tesla:

FSD would essentially translate from operation in Tesla vehicles from a driverless perspective to Optimus, allowing FSD to basically be present in any vehicle ever made. Optimus could be similar to a personal chauffeur, as well as an assistant.

Optimus has significant hype behind it, as Tesla has been meticulously refining its capabilities. Along with Musk’s and other executives’ comments about its potential, it’s clear that there is genuine excitement internally.

This past weekend, the company continued to stoke hype behind Optimus by showing a new video of the humanoid robot learning Kung Fu and training with a teacher:

Tesla plans to launch its Gen 3 version of Optimus in the coming months, and although we saw a new-look robot just last month, thanks to a video from Salesforce CEO and Musk’s friend Marc Benioff, we have been told that this was not a look at the company’s new iteration.

Instead, Gen 3’s true design remains a mystery for the general public, but with the improvements between the first two iterations already displayed, we are sure the newest version will be something special.

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Investor's Corner

Cantor Fitzgerald reaffirms bullish view on Tesla after record Q3 deliveries

The firm reiterated its Overweight rating and $355 price target.

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(Credit: Tesla)

Cantor Fitzgerald is maintaining its bullish outlook on Tesla (NASDAQ:TSLA) following the company’s record-breaking third quarter of 2025. 

The firm reiterated its Overweight rating and $355 price target, citing strong delivery results driven by a rush of consumer purchases ahead of the end of the federal tax credit on September 30.

On Tesla’s vehicle deliveries in Q3 2025

During the third quarter of 2025, Tesla delivered a total of 497,099 vehicles, significantly beating analyst expectations of 443,079 vehicles. As per Cantor Fitzgerald, this was likely affected by customers rushing at the end of Q3 to purchase an EV due to the end of the federal tax credit, as noted in an Investing.com report. 

“On 10/2, TSLA pre-announced that it delivered 497,099 vehicles in 3Q25 (its highest quarterly delivery in company history), significantly above Company consensus of 443,079, and above 384,122 in 2Q25. This was due primarily to a ‘push forward effect’ from consumers who rushed to purchase or lease EVs ahead of the $7,500 EV tax credit expiring on 9/30,” the firm wrote in its note.

A bright spot in Tesla Energy

Cantor Fitzgerald also highlighted that while Tesla’s full-year production and deliveries would likely fall short of 2024’s 1.8 million total, Tesla’s energy storage business remains a bright spot in the company’s results.

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“Tesla also announced that it had deployed 12.5 GWh of energy storage products in 3Q25, its highest in company history vs. our estimate/Visible Alpha consensus of 11.5/10.9 GWh (and vs. ~6.9 GWh in 3Q24). Tesla’s Energy Storage has now deployed more products YTD than all of last year, which is encouraging. We expect Energy Storage revenue to surpass $12B this year, and to account for ~15% of total revenue,” the firm stated. 

Tesla’s strong Q3 results have helped lift its market capitalization to $1.47 trillion as of writing. The company also teased a new product reveal on X set for October 7, which the firm stated could serve as another near-term catalyst.

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Elon Musk’s xAI becomes Memphis’ 2nd largest taxpayer in just one year: report

Elon Musk’s artificial intelligence startup, xAI, is reshaping Memphis’s economic landscape.

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Credit: xAI

Elon Musk’s artificial intelligence startup, xAI, is reshaping Memphis’s economic landscape. In just twelve months, the company has become the city and county’s second largest taxpayer.

The update was related in a report from The Wall Street Journal.

Memphis’ second-largest taxpayer

xAI is currently transforming a defunct Mississippi power plant into a crucial hub for AI, supplying electricity to its Colossus supercomputer cluster and its successor, Colossus 2. Together, the Colossi supercomputers will host more than half a million Nvidia chips that would be used for the development and improvement of Grok, xAI’s large language model. 

The buildout has injected billions into the region, making xAI one of Memphis’s most significant private investors and a symbol of the city’s high-tech aspirations. Bill Dunavant III, a Memphis businessman who sits on the board of directors of the city’s chamber of commerce, highlighted xAI’s contribution to the city’s economy in a comment to the WSJ

“In one year, xAI has become the second largest taxpayer in the city and county after FedEx,” he said. A spokesman for the Greater Memphis Chamber of Commerce has also stated that xAI has demonstrated “substantial economic commitment to our region, without any tax incentives.”

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Not without controversy

Despite the economic boost, xAI’s footprint has drawn scrutiny. The company’s natural-gas-powered turbines are expected to consume a substantial amount of water and electricity. Critics have also expressed worries about pollution and increased utility costs, though others see Musk’s wastewater recycling plans and cleanup initiatives as meaningful offsets.

As per the WSJ, xAI’s positioning in the market may be quite different than what Musk is typically used to, considering that the CEO tends to become a first mover in key industries, such as the EV segment with Tesla and private spaceflight with SpaceX. With xAI, however, he is catching up to competitors, the most notable of which is a company he co-founded, OpenAI, and its ubiquitous large language model, ChatGPT.

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