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Will Porsche’s new electric compete with Tesla?

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It makes sense for Porsche to jump on the opportunity to build its own electric car. After producing the stunning plug-in hybrid (PHEV) 918, will Porsche use its experience to compete with Tesla Motors?

Can Porsche compete with Tesla?

When it comes to experience and lifestyle, Porsche is one of those rare automakers that can claim a strong culture around their products. The clientèle Porsche covers is wide and varied from your local automotive enthusiast to the who’s who in Hollywood, Porsche customers are well diversified. After the company developed its amazing 918 PHEV with much fanfare, it stands to reason it has learned enough about electric vehicles (EV) to make its own. At the very least, of all German carmakers, Porsche would be the best bet for a clear competition to Tesla.

Porsche, the original electric car.

We would be remiss not to mention that Porsche’s first car was electric, back in 1897. To be clearer, Ferdinand Porsche’s first car was electric and his second was a hybrid. It was basically the idea with an internal combustion engine (ICE) mated to it. Fast-forward 117 years later, and the company seems set to once again ready return to electricity.

Porsche Electric

Image source: Porsche.com

Porsche is an odd bird. Starting its commercial life with an inherently flawed unstable design, putting an engine behind the rear axle certainly calls for some spectacular slides coming out of curves enthusiastically. But over the decades, the designed was so refined, albeit through copious use of electronics to make its 911 series one of the most versatile car in the world. Your grandmother to Sebastian Vettel can drive one and not be bored.

Still, many would consider Mercedes and BMW to be better direct competition to Tesla. We, however, have a harder time seeing how their gasoline cars, or even hybrids can. They are very different, not simply in terms of design, but by definition. Also, BMW and Mercedes’ electric vehicles are small, and certainly no match for the sedan Model S. Mercedes might have a certain lifestyle associated with the brand, and BMW has a strong culture behind it, neither one of them has that Tesla Motors feel, that combination of modern startup meets the performance of wildest daily dreams.

Porsche would be a great competition. It had a pilot program three years with three Boxster E prototypes. They sported two electric motors on each axle producing a combined 240 HP with 398 Lb-ft of torque, which launched it from 0 to 62 mph in 5.3 seconds. However, we don’t know much, if anything at all concrete about how and when the company would build a commercially available EV. The few extrapolations we can make is that the electric Porsche would aim for performance, something a Porsche buyer would expect.

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What other competition?

The only other competition Tesla would have would be from Porsche’s other family member, AUDI. The company notoriously teased us with its all-electric e-tron, back in 2009. However, it has gone from a yes, to a no, to a maybe, and now, back again to a yes. The A3 e-tron is a good step forward, but it certainly isn’t a direct contender to Tesla’s amazing Model S. Would Porsche be a better contender?

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Tesla makes two big interior changes to several Model Y vehicles

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Credit: Tesla

Tesla has made two big interior changes to several Model Y vehicles in its lineup, and the changes come just as the new model year begins production.

Last year, Tesla launched the Model Y Standard, which separated the previous models into the “Premium” category. The Standard vehicles lack several features, including more premium interior materials, acoustic-lined glass, and storage.

@teslarati There are some BIG differences between the Tesla Model Y Standard and Tesla Model Y Premium #tesla #teslamodely ♬ Sia – Xeptemper

The Model Y “Premium” trims are now getting several new upgrades, which come after the company launched a seven-seat configuration of the vehicle last night in the North American market for an upcharge of $2,500.

The new Model Y seven-seat configuration did not come with just an additional row of seating; it also came with a slew of other goodies that now come standard and were previously only available on the Model Y Performance, which was launched late last year.

All Black Headliner

The new Tesla Model Y Premium trims will now come standard with a black headliner, something that many owners have been requesting for some time.

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The previous grey headliner and trim within the vehicle is now gone; it will be all black on all of the Premium trims from here on out, a welcome change:

Credit: Tesla

Larger and Higher Resolution Center Touchscreen

The center touchscreen in the new Model Y Premium configuration is now larger and has a higher resolution than the previous version.

In last year’s Model Y configurations (apart from the Performance), the center touchscreen was 15.4″. Now, Tesla has decided to go with the 16″ version across all Premium trims, which is a nice step up. It was nice to see this in the Performance, but it is really great to see Tesla include this in the Model Y’s more Premium trim levels.

Tesla Model Y Seven Seater

Tesla launched the latest iteration of the seven-seater for the Model Y on Monday night. Traditionally, the Model Y seats five passengers in total, but there were calls for a more spacious version several years ago.

Tesla released it, but it was extremely tight in the back, basically reserving those back seats for only small people or children.

Credit: Tesla

The new configuration looks to be slightly more spacious in the third row, but not as much space as most would require or want. Instead,

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Lufthansa Group to equip Starlink on its 850-aircraft fleet

Under the collaboration, Lufthansa Group will install Starlink technology on both its existing fleet and all newly delivered aircraft, as noted by the group in a press release.

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Credit: Lufthansa

Lufthansa Group has announced a partnership with Starlink that will bring high-speed internet connectivity to every aircraft across all its carriers. 

This means that aircraft across the group’s brands, from Lufthansa, SWISS, and Austrian Airlines to Brussels Airlines, would be able to enjoy high-speed internet access using the industry-leading satellite internet solution.

Starlink in-flight internet

Under the collaboration, Lufthansa Group will install Starlink technology on both its existing fleet and all newly delivered aircraft, as noted by the group in a press release

Starlink’s low-Earth orbit satellites are expected to provide significantly higher bandwidth and lower latency than traditional in-flight Wi-Fi, which should enable streaming, online work, and other data-intensive applications for passengers during flights.

Starlink-powered internet is expected to be available on the first commercial flights as early as the second half of 2026. The rollout will continue through the decade, with the entire Lufthansa Group fleet scheduled to be fully equipped with Starlink by 2029. Once complete, no other European airline group will operate more Starlink-connected aircraft.

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Free high-speed access

As part of the initiative, Lufthansa Group will offer the new high-speed internet free of charge to all status customers and Travel ID users, regardless of cabin class. Chief Commercial Officer Dieter Vranckx shared his expectations for the program.

“In our anniversary year, in which we are celebrating Lufthansa’s 100th birthday, we have decided to introduce a new high-speed internet solution from Starlink for all our airlines. The Lufthansa Group is taking the next step and setting an essential milestone for the premium travel experience of our customers. 

“Connectivity on board plays an important role today, and with Starlink, we are not only investing in the best product on the market, but also in the satisfaction of our passengers,” Vranckx said. 

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Tesla locks in Elon Musk’s top problem solver as it enters its most ambitious era

The generous equity award was disclosed by the electric vehicle maker in a recent regulatory filing.

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Credit: Duke University

Tesla has granted Senior Vice President of Automotive Tom Zhu more than 520,000 stock options, tying a significant portion of his compensation to the company’s long-term performance. 

The generous equity award was disclosed by the electric vehicle maker in a recent regulatory filing.

Tesla secures top talent

According to a Form 4 filing with the U.S. Securities and Exchange Commission, Tom Zhu received 520,021 stock options with an exercise price of $435.80 per share. Since the award will not fully vest until March 5, 2031, Zhu must remain at Tesla for more than five years to realize the award’s full benefit.

Considering that Tesla shares are currently trading at around the $445 to $450 per share level, Zhu will really only see gains in his equity award if Tesla’s stock price sees a notable rise over the years, as noted in a Sina Finance report.

Still, even at today’s prices, Zhu’s stock award is already worth over $230 million. If Tesla reaches the market cap targets set forth in Elon Musk’s 2025 CEO Performance Award, Zhu would become a billionaire from this equity award alone.

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Tesla’s problem solver

Zhu joined Tesla in April 2014 and initially led the company’s Supercharger rollout in China. Later that year, he assumed the leadership of Tesla’s China business, where he played a central role in Tesla’s localization efforts, including expanding retail and service networks, and later, overseeing the development of Gigafactory Shanghai.

Zhu’s efforts helped transform China into one of Tesla’s most important markets and production hubs. In 2023, Tesla promoted Zhu to Senior Vice President of Automotive, placing him among the company’s core global executives and expanding his influence beyond China. He has since garnered a reputation as the company’s problem solver, being tapped by Elon Musk to help ramp Giga Texas’s vehicle production. 

With this in mind, Tesla’s recent filing seems to suggest that the company is locking in its top talent as it enters its newest, most ambitious era to date. As could be seen in the targets of Elon Musk’s 2025 pay package, Tesla is now aiming to be the world’s largest company by market cap, and it is aiming to achieve production levels that are unheard of. Zhu’s talents would definitely be of use in this stage of the company’s growth.

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