News
Porsche unveils new Taycan with updated exterior, better performance, and $99.4k starting price
Porsche has formally unveiled the new Taycan. The sports car maker noted that the refreshed Taycan sports sedan, Taycan Cross Turismo, and Taycan Sport Turismo have been improved in almost every discipline. A look at the new vehicles’ specs and features suggests that Porsche’s comments are accurate.
In a press release announcing the refreshed vehicle, Porsche noted that four powertrain options are available for the Taycan sports sedan, Taycan Cross Turismo, and Taycan Sport Turismo. Kevin Giek, head of the Taycan line, shared some thoughts about the new vehicle.
“We ushered in the new era of e-mobility with the Taycan at the end of 2019. It immediately proved to be a game changer and innovative pioneer in the e-vehicle segment. We are now continuing this success story with the extensively updated Taycan. The model line has reached new heights in terms of performance, with exceptional driving dynamics and driving pleasure. At the same time, we were able to significantly improve efficiency, range, day-to-day usability and comfort,” Giek said.
A look at the refreshed Taycan would reveal some exterior changes that Porsche has rolled out to the vehicle. These include new front and rear-end styling with new headlights and tail lights, as well as Turbonite accent colors for the Taycan Turbo and Taycan Turbo S models.
Porsche also noted that all refreshed Taycan models feature better acceleration than their predecessors. Moreover, the automaker also rolled out a new “Push-to-Pass” function in the Sport Chrono package, which provides a boost of up to 70 kW depending on the trim for up to 10 seconds. By activating “Push-to-Pass,” the base Taycan could deliver a boost of 60 KW. And in the Taycan Turbo S, the feature offers an additional 140 kW with Launch Control.
The sports car maker noted that the refreshed Taycan offers over 35% more range than its predecessor, with the vehicle’s WLTP range being increased to up to 678 km (421 miles). At 800-volt DC charging stations, the new Taycan can charge at up to 320 kW, which should provide drivers and passengers with short charging stops during long road trips.
Other improvements that were rolled out to the Taycan include a new active chassis, standard adaptive air suspension for the entire line, an advanced powertrain with a new rear-axle motor with up to 80 kW more power than its predecessor, and a weight reduction of up to 15 kg (33 lbs). The new Taycan’s instrument cluster, central display, and optional passenger display have also been optimized with more features.
The new 2025 Taycan sedan and Cross Turismo models are available to order now and are expected to reach US Porsche Centers around summer 2024.
Following is Porsche’s MSRP for the new Taycan. It should be noted that these prices do not include a $1,995 delivery, processing, and handling fee, or potential dealer markups.
- 2025 Taycan: $99,400
- 2025 Taycan 4S: $118,500
- 2025 Taycan Turbo: $173,600
- 2025 Taycan Turbo S: $209,000
- 2025 Taycan 4 Cross Turismo: $111,100
- 2025 Taycan 4S Cross Turismo: $125,200
- 2025 Taycan Turbo Cross Turismo: $176,300
- 2025 Taycan Turbo S Cross Turismo: $211,700
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Elon Musk
Brazil Supreme Court orders Elon Musk and X investigation closed
The decision was issued by Supreme Court Justice Alexandre de Moraes following a recommendation from Brazil’s Prosecutor-General Paulo Gonet.
Brazil’s Supreme Federal Court has ordered the closure of an investigation involving Elon Musk and social media platform X. The inquiry had been pending for about two years and examined whether the platform was used to coordinate attacks against members of the judiciary.
The decision was issued by Supreme Court Justice Alexandre de Moraes following a recommendation from Brazil’s Prosecutor-General Paulo Gonet.
According to a report from Agencia Brasil, the investigation conducted by the Federal Police did not find evidence that X deliberately attempted to attack the judiciary or circumvent court orders.
Prosecutor-General Paulo Gonet concluded that the irregularities identified during the probe did not indicate fraudulent intent.
Justice Moraes accepted the prosecutor’s recommendation and ruled that the investigation should be closed. Under the ruling, the case will remain closed unless new evidence emerges.
The inquiry stemmed from concerns that content on X may have enabled online attacks against Supreme Court justices or violated rulings requiring the suspension of certain accounts under investigation.
Justice Moraes had previously taken several enforcement actions related to the platform during the broader dispute involving social media regulation in Brazil.
These included ordering a nationwide block of the platform, freezing Starlink accounts, and imposing fines on X totaling about $5.2 million. Authorities also froze financial assets linked to X and SpaceX through Starlink to collect unpaid penalties and seized roughly $3.3 million from the companies’ accounts.
Moraes also imposed daily fines of up to R$5 million, about $920,000, for alleged evasion of the X ban and established penalties of R$50,000 per day for VPN users who attempted to bypass the restriction.
Brazil remains an important market for X, with roughly 17 million users, making it one of the platform’s larger user bases globally.
The country is also a major market for Starlink, SpaceX’s satellite internet service, which has surpassed one million subscribers in Brazil.
Elon Musk
FCC chair criticizes Amazon over opposition to SpaceX satellite plan
Carr made the remarks in a post on social media platform X.
U.S. Federal Communications Commission (FCC) Chairman Brendan Carr criticized Amazon after the company opposed SpaceX’s proposal to launch a large satellite constellation that could function as an orbital data center network.
Carr made the remarks in a post on social media platform X.
Amazon recently urged the FCC to reject SpaceX’s application to deploy a constellation of up to 1 million low Earth orbit satellites that could serve as artificial intelligence data centers in space.
The company described the proposal as a “lofty ambition rather than a real plan,” arguing that SpaceX had not provided sufficient details about how the system would operate.
Carr responded by pointing to Amazon’s own satellite deployment progress.
“Amazon should focus on the fact that it will fall roughly 1,000 satellites short of meeting its upcoming deployment milestone, rather than spending their time and resources filing petitions against companies that are putting thousands of satellites in orbit,” Carr wrote on X.
Amazon has declined to comment on the statement.
Amazon has been working to deploy its Project Kuiper satellite network, which is intended to compete with SpaceX’s Starlink service. The company has invested more than $10 billion in the program and has launched more than 200 satellites since April of last year.
Amazon has also asked the FCC for a 24-month extension, until July 2028, to meet a requirement to deploy roughly 1,600 satellites by July 2026, as noted in a CNBC report.
SpaceX’s Starlink network currently has nearly 10,000 satellites in orbit and serves roughly 10 million customers. The FCC has also authorized SpaceX to deploy 7,500 additional satellites as the company continues expanding its global satellite internet network.
Energy
Tesla Energy gains UK license to sell electricity to homes and businesses
The license was granted to Tesla Energy Ventures Ltd. by UK energy regulator Ofgem after a seven-month review process.
Tesla Energy has received a license to supply electricity in the United Kingdom, opening the door for the company to serve homes and businesses in the country.
The license was granted to Tesla Energy Ventures Ltd. by UK energy regulator Ofgem after a seven-month review process.
According to Ofgem, the license took effect at 6 p.m. local time on Wednesday and applies to Great Britain.
The approval allows Tesla’s energy business to sell electricity directly to customers in the region, as noted in a Bloomberg News report.
Tesla has already expanded similar services in the United States. In Texas, the company offers electricity plans that allow Tesla owners to charge their vehicles at a lower cost while also feeding excess electricity back into the grid.
Tesla already has a sizable presence in the UK market. According to price comparison website U-switch, there are more than 250,000 Tesla electric vehicles in the country and thousands of Tesla home energy storage systems.
Ofgem also noted that Tesla Motors Ltd., a separate entity incorporated in England and Wales, received an electricity generation license in June 2020.
The new UK license arrives as Tesla continues expanding its global energy business.
Last year, Tesla Energy retained the top position in the global battery energy storage system (BESS) integrator market for the second consecutive year. According to Wood Mackenzie’s latest rankings, Tesla held about 15% of global market share in 2024.
The company also maintained a dominant position in North America, where it captured roughly 39% market share in the region.
At the same time, competition in the energy storage sector is increasing. Chinese companies such as Sungrow have been expanding their presence globally, particularly in Europe.
Brazil Supreme Court orders Elon Musk and X investigation closed
FCC chair criticizes Amazon over opposition to SpaceX satellite plan
