News
Porsche Taycan Turbo specs: 96 kWh battery, 600+ hp, air suspension, and repeatable peak performance
The Porsche Taycan is arguably one of the most highly-anticipated electric cars this year, and for good reason. The Taycan is Porsche’s first modern all-electric car, bred with racing DNA and technology honed in the track from hybrids like the 918 Spyder and the 919 Hybrid Evo. It is then incredibly pertinent for Porsche to ensure that the Taycan, particularly its top-tier “Turbo” variant, will not disappoint in any way.
A recent review of a Taycan Turbo pre-production prototype suggests that the top-tier variant of Porsche’s electric car could live up to its name, and then some. During a ride-along, Car Magazine European editor Georg Kacher was able to get up close with the upcoming vehicle as it tore through the streets with Porsche’s chief engineer Stefan Weckbach.
Equipped with a 96 kWh lithium-ion battery that weighs 650 kg (1,433 lbs), a 215 bhp/221 lb-ft powerplant on the front axle, and a 402 bhp/406 lb-ft motor at the rear, the Taycan boasts 649 lb-ft of peak torque. That’s enough to propel the car from a dead stop to 60 mph in just over 3 seconds and into 124 mph in less than 10 seconds. It’s not just acceleration, too, as the vehicle is capable of cruising at 162 mph for miles without its battery overheating. Couple that with standard air suspension and a regenerative braking system that is controlled through the steering wheel, and the Taycan becomes an EV that is made from the ground up like every other Porsche: a car that is simply fun to drive.

Porsche notes that the Taycan can perform ten full-throttle 0-62 mph and four 0-124 mph launches without seeing a decrease in performance. The vehicle does enter a “limp mode,” but only when the distance to empty reads zero. With a 96 kWh battery and a claimed 320 miles of range per charge, Taycan drivers would likely enjoy a lot of spirited driving before they need to recharge their vehicles. Porsche admits that the Taycan is not as quick off the line as a Tesla Model S Performance with Ludicrous Mode, but the company noted that the repeatability of peak performance would be the difference-maker.
It is then interesting to note that the Taycan, which is designed from the ground up to be a high-performance electric car, will likely be competing mostly with the Model 3 Performance, Tesla’s track-capable electric sedan. In a way, this would be fitting as the Taycan’s 2910 mm wheelbase is closer to the Model 3’s 2,875 mm than the Model S’ 2,959 mm wheelbase. This is the same for the interior of the vehicles as well, as shown in a review of a Taycan prototype which revealed that the Porsche’s back seats are notably less spacious than a Model S.
From its wide tires to its low profile and its sports car seating, the Porsche Taycan seems intent to capture the crown of the auto industry’s best track-capable EV. This would put it in direct competition with the Tesla Model 3 Performance, a vehicle that has been developing a reputation for competing and winning against the world’s best track-capable sedans like the BMW M3. As shown in Top Gear‘s test, the Model 3 Performance could do quick work of the BMW M3; but with the Taycan as a rival, Tesla’s track competitor would likely be facing a completely different animal.

What is rather interesting is that the Model 3 Performance and the Taycan share some similarities. When the Taycan gets released later this year, for example, the vehicle will be capable of charging up to 250 kW at an 800-volt charging point. The car is compatible with 350 kW charging, but that would come by 2021 at the latest. The Model 3 Performance also charges at rates of up to 250 kW using Tesla’s Supercharger V3 network.
If there is one thing that the Taycan and the Model 3 Performance share no middle ground in, it would be their price. The Taycan is a Porsche, and it is priced like one. The base Taycan will be RWD only, and it will come with an 80 kWh battery pack and a choice of 322 bhp or 376 bhp motors, as well as a low ~$90,000 starting price. The mid-range Taycan Carerra 4S, estimated to be priced in the high ~$90,000 range, will be fitted with a 96 kWh battery pack and offer 429 bhp or 483 bhp.
The Taycan Turbo, which is also equipped with a 96 kWh battery, is expected to cost around £120,000 ($149,000. That’s almost 50% more expensive than a Tesla Model S Performance with Ludicrous Mode, which currently costs just below $100,000. An even more potent Taycan Turbo S with 724 bhp and an RWD Taycan GTS are also in the works. In comparison, the Model 3 Performance is currently priced at less than $55,000 with basic Autopilot as standard.
Elon Musk
SpaceX (SPCX) IPO is live today at $135: Here’s exactly what you need to know
SpaceX priced its historic IPO at $135 per share today, raising a record $75 billion.
SpaceX officially priced its initial public offering at $135 per share, offering 555,555,555 shares of Class A common stock and raising $75 billion in what is the largest IPO in stock market history. Shares are set to begin trading on the Nasdaq Global Select Market on Friday, June 12, under the ticker symbol SPCX. The previous record holder was Saudi Aramco’s 2019 offering at $29 billion, followed by Alibaba’s $22 billion offering in 2014.
At $135 per share and roughly 555.6 million shares, the implied valuation sits near $1.75 trillion, which would make SpaceX roughly the seventh largest company in the United States, just above Tesla’s current market cap. Regular investors can request shares at the IPO price through Robinhood, Fidelity, Charles Schwab, SoFi, and E*TRADE, though the deal is heavily oversubscribed and most retail allocations will be partial or unfilled. Once trading opens June 12, anyone with a brokerage account can buy SPCX on the open market.
SpaceX’s amended S-1 is sparking a major Tesla merger conversation
The valuation is anchored primarily by Starlink. Starlink crossed 10 million subscribers as of February 2026 and is adding 750,000 to 1.5 million new users per month, with the connectivity segment already posting a $1.19 billion profit last quarter. The offering also bundles in xAI following SpaceX’s all-stock merger earlier this year, adding Grok and the Colossus supercomputer to the investment thesis. As Teslarati reported, Starlink ended 2025 with $10 billion in revenue, a figure analysts project could reach $24 billion by end of 2026.
Wedbush analyst Dan Ives has been vocal in his support. “I think the time is right,” Ives said, adding that the offering expands the Elon Musk ecosystem rather than competing with Tesla. An average 12-month price target of $165 per share represents roughly 22% upside from the IPO price. Not everyone agrees – Motley Fool noted xAI is spending $1 billion per month playing catch-up to OpenAI and Anthropic.
Musk founded SpaceX in 2002 with a single stated purpose. “Elon founded SpaceX with a goal to change humanity, to make us a multi-planet species,” CFO Bret Johnsen said in the company’s retail roadshow video this week. Musk himself has been more direct: “We are building the systems and technologies necessary to provide global connectivity on Earth and beyond, to understand the true nature of the universe, and to extend the light of consciousness to the stars.”
Investor's Corner
Tesla unfolded its first European “folding Supercharger”
Tesla’s folding Supercharger just arrived in Europe and it changes how fast charging expands.
Tesla’s Folding Unit Supercharger has officially landed in Europe, with the company teasing a new installation in its effort for a broader rollout targeting major motorway rest stops across the European continent in Q3 2026. The arrival marks a notable shift in how Tesla is thinking about network expansion, moving from hardware performance alone to engineering the logistics chain itself.
While Tesla did not reveal the exact location for the new folding Supercharger in Europe, the photo shared on X heavily suggests that this maybe somewhere in Norway. Historically, whenever Tesla rolls out an entirely new infrastructure architecture in Europe, whether it was the original Supercharger stalls years ago or these brand-new modular V4 “Folding Units”, Norway is almost always the designated launch pad because of its unmatched EV adoption rate and supportive infrastructure
The Folding Unit, introduced in March 2026, is a factory pre-assembled V4 charging station built on an industrial hinge system mounted to a heavy-duty concrete base. The entire assembly arrives on site ready to unfold and connect. Tesla confirmed the units feature telescopic light poles specifically designed for easy transportation and fast on-site deployment, a detail that signals how carefully the logistics chain has been engineered alongside the hardware itself. The design allows 33% more stalls per delivery truck, cuts installation time roughly in half, and reduces overall deployment costs by more than 20% compared to traditional installations.
Tesla’s newest “Folding V4 Superchargers” are key to its most aggressive expansion yet
Tesla also noted telescopic light poles which provide benefits over traditional Supercharger installations that require fixed-height poles that are awkward to ship, slow to position on site, and often require separate crews and equipment to erect before charging hardware can even be staged. By engineering poles that compress for transit and extend on arrival, Tesla has removed one of the quieter bottlenecks in the physical deployment process. Every hour saved on a light pole installation is an hour redirected toward getting stalls energized. At scale, across dozens of new sites per quarter, those hours add up to a meaningful acceleration in how quickly a location goes from approved permit to serving its first customer.
Each Folding Unit pairs a single V4 power cabinet with eight charging posts. The V4 cabinet delivers up to 500 kW per stall for passenger vehicles and up to 1.2 MW for the Tesla Semi, supporting twice the stalls per cabinet at three times the power density of its predecessor. Longer cables make every new station immediately usable by non-Tesla vehicles, a priority as Tesla continues opening its network to Ford, GM, Rivian, Hyundai, Stellantis, and others.
As Teslarati reported when the Folding Unit was first unveiled, Tesla’s Gigafactory New York produced its final V3 Supercharger cabinet in March 2026 after more than seven years and 15,000 units, completing a full pivot to V4 production. The European arrival of the folding design is the next chapter in that transition.
Faster and cheaper deployment means Tesla can justify building in markets and corridors that were previously too expensive to serve, filling the coverage gaps that have slowed EV adoption outside major urban centers.
First Folding Unit Superchargers in Europe 🇪🇺 https://t.co/KNfYWJukkL pic.twitter.com/YR1udIpH1i
— Tesla Charging (@TeslaCharging) June 10, 2026
News
Tesla stuns with another FSD approval in Europe, its second in two days
Tesla has stunned by gaining yet another approval for its Full Self-Driving suite in Europe, its second in two days and its fifth overall.
Belgium will be the latest country to allow Tesla owners to utilize FSD on public roads in Europe, joining a quickly growing list that started with the Netherlands, Lithuania, and Estonia.
On Tuesday, Denmark announced its approval of the FSD suite, which has now been followed by Belgium just one day later.
The country’s Minister of Mobility, Annick De Ridder, announced the approval on her X account, stating that she had just signed the approval of Tesla FSD. It now goes to the country’s homologation department for the last step of the approval process.
De @Tesla community houdt hier al geruime tijd de vinger aan de pols over de toelating voor de FSD-technologie op onze Vlaamse en Belgische wegen.
Uit waardering voor jullie niet-aflatende interesse (en aanmoediging 😉), krijgen jullie hierbij de primeur: ik heb net de toelating… pic.twitter.com/Yrps4OHTj8— Annick De Ridder (@AnnickDeRidder) June 10, 2026
The Belgian approval is one of mighty importance because it truly shows how quickly countries in Europe could greenlight the FSD suite consecutively. Approvals are already coming in relatively quickly, which is a great sign.
Perhaps the next big development that could come from FSD approvals in Europe is an approval from a country like England, Italy, France, Spain, or Germany. It would be something to see how FSD would perform in a major European metro, such as London, Barcelona, Madrid, Paris, Rome, or Berlin.
Getting Full Self-Driving in Spain and England will be such huge milestones for Tesla. I am so excited to see how FSD performs in Madrid, Barcelona, and London, specifically.
The ultimate test will always be Mumbai or New Delhi. Excited for India’s eventual approval! https://t.co/paw9Ch1qmL pic.twitter.com/9RdDERVSSJ
— TESLARATI (@Teslarati) June 9, 2026
Full Self-Driving does an excellent job of roaming around major U.S. cities like New York and Los Angeles, but other high-profile international cities of significance would truly mark a line in the sand for Tesla, which can simply enable any vehicle in its customer-owned fleet to run FSD with the correct approvals.