News
Porsche Taycan Turbo first ride teases production specs and price, Turbo S and RWD GTS variant
Porsche recently granted Automobile Magazine a rare test ride in the Taycan Turbo, the top-tier variant of the company’s first modern all-electric car. The test drive provided what could only be described as the closest look yet at the upcoming vehicle, and based on the impressions of the magazine; it appears that the Taycan Turbo could very well become one of Porsche’s most iconic cars yet.
Porsche designed the Taycan with the same principles as its other vehicles. It’s luxurious inside and out, it handles like a sports car, and it is quick — very, very quick. The motoring magazine highlighted this in its test ride, stating that the vehicle has a habit of pushing drivers and passengers back into their seats when it accelerates from 0-60 mph in just over 3 seconds. The publication also noted that the Taycan is more reminiscent of the Porsche 911 than Porsche’s four-door flagship, the Panamera, based on the way the car handled itself despite its weight.
While the Taycan is undeniably impressive, the test ride did raise a particular concern for the vehicle: it’s charging infrastructure, which remains a work in progress. The Taycan could be charged with up to 250 kW at an 800V charge point, but there are only a few charging stations with that output today. Even 400V stations, which can charge the Taycan at around 150 kW, are still relatively few. One can only hope that Porsche can secure the Taycan’s charging infrastructure by the time the vehicle’s production version is unveiled this coming September.

Perhaps most notable from the publication’s test drive were the details of the electric car that were revealed by the carmaker. For one, all Taycans, regardless of trim, are equipped with coated PSCB brakes, though carbon ceramic options are available. Similar to other electric vehicles, the Taycan is capable of regenerative braking as well, though the vehicle’s maximum regeneration is an impressive 250 kW. Higher-tier models also boast features like air suspension and rear-wheel steering.
Porsche is yet to fully announce the final specs of the Taycan, though a brand ambassador has confirmed the contents of a document obtained by the Automobile listing the features and specs of each Taycan version. According to the document, the base Taycan will be Rear Wheel Drive only, and it will be equipped with an 80 kWh battery pack. The base Taycan will be powered by a choice of 240-kW (322-hp) and 280-kW (375-hp) motors, and it will command a price in the low ~$90,000 range.

The vehicle’s mid-range variant, the Taycan 4S, will reportedly be equipped with a 96 kW battery pack and 320-kW (429-hp) or 360-kW (483-hp) electric motors. Pricing for the Taycan 4S will reportedly start in the high ~$90,000 range. The Taycan Turbo, which will be the vehicle’s top-of-the-line version upon its release, will reportedly feature a 96 kWh battery, a 160-kW (215-hp)/221-lb-ft motor up front, and a 300-kW (402-hp)/405-lb-ft motor at the rear. Pricing for the Taycan Turbo is expected to start at ~$140,000.
The Porsche Taycan is expected to be unveiled sometime this coming September, with the company offering the base, 4S, and Turbo versions to customers. At least two other variants of the Taycan will reportedly be unveiled later, one of which is a pretty insane 540-kW (724-hp) Turbo S version and a lighter RWD GTS trim that will most likely be incredibly fun to drive on the track. Porsche is also planning on improving its charging infrastructure in the near future, with peak charging rates for the vehicle increasing from 250 kW to 350 kW by 2021 at the latest.
The Porsche Taycan is arguably one of the most anticipated vehicles in the electric car market this year, particularly as it is one that has the potential to directly challenge the Tesla Model S in the premium EV segment. Porsche is moving full throttle to prepare for the Taycan’s production and ramp, with the company drastically upgrading its Zuffenhausen site to accommodate the manufacturing of the vehicle.
Investor's Corner
Lucid CEO dispels any rumors of bankruptcy: ‘So far from the facts’
Lucid CEO Silvio Napoli responded to rumors of an imminent bankruptcy that was reportedly being mulled after a report stated the automaker was working with the firm AlixPartners to iron out its next steps.
The company felt a massive loss on Wall Street yesterday, as the report essentially pushed the stock down as much as 55 percent on Tuesday.
The report, published initially by Eletric-Vehicles.com, claimed Lucid was essentially in dire straits and was told by AlixPartners, a commonly used restructuring advisor, to either take shares private or file for Chapter 11 bankruptcy protection.
Lucid’s head of Communications, Nick Twork, immediately challenged the report and stated the company “has sufficient liquidity to carry its operations well into next year.”
Now, the company’s CEO is chiming in as well, stating that the report is “so far from the facts that they require a direct response.”
Napoli said:
“Lucid is not considering bankruptcy or a transaction to take the company private. Those reports are false. The Board did not explore either scenario. Period.
As disclosed in our most recent quarterly filing, Lucid has sufficient liquidity to fund its operations well into next year.
We work with outside advisors to improve operational performance and execution. They are not advising Lucid on a take-private transaction or bankruptcy, and any suggestion that they have recommended either course of action to management or the Board is false.
My priority is clear: turn this company around. That is where the leadership team and I are focused.
I look forward to providing a full update during our quarterly earnings call on August 4th.”
🚨 Lucid CEO Silvio Napoli calls rumors of financial issues “so far from the facts that they require a direct response.”
Read his full remarks here: https://t.co/t3Pg1NHvzy pic.twitter.com/LvHUPhO4Qf
— TESLARATI (@Teslarati) July 15, 2026
It seems pretty clear that Lucid is confident things will be okay, and, to be honest, they should not have much to worry about, especially considering the company has been backed by the Saudi Public Investment Fund (PIF) for years. It has solid financial backing, and its sales, while weak, are pretty much right on par with a company of this age.
Lucid also sent a Cease & Desist letter to the publication for their report.
Lucid shares have rebounded nicely and are up nearly 21 percent at the time of publication. As soon as the company dispelled the rumors of bankruptcy yesterday, the stock began to climb back toward more reasonable levels.
News
Tesla responds to strange Supercharging pricing error with classy move
Tesla has once again demonstrated strong customer focus by swiftly addressing and fully refunding a bizarre Supercharger pricing glitch that affected drivers in Atlantic Canada.
The issue surfaced earlier this month when the Tesla app began displaying dramatically inflated per-minute charging rates at stations in Prince Edward Island and parts of New Brunswick.
One widely shared screenshot from a Charlottetown, PEI Supercharger showed rates reaching ridiculous levels: $6.00 per minute for the 180-250 kW tier, along with $3.57/min for 100-180 kW and $2.29/min for 60-100 kW.
Correct pricing will be going live at midnight tonight. All fees since July 2nd 2026 will be waived.
— Tesla Charging (@TeslaCharging) July 13, 2026
These figures were several times higher than normal Supercharger pricing in the region.
To put the error in perspective, charging at the highest incorrect rate would have been shockingly expensive.
At 250 kW, a common charging speed at Superchargers, a vehicle pulls roughly 4.17 kWh per minute. Under the glitch, a driver spending just 10 minutes at peak power would face a $60 bill. A typical 20- to 30-minute session to add meaningful range could have cost $120 to $180 or more, before any congestion fees.
Tesla gets another layer of gamification with Free Supercharging on the line
By comparison, standard Canadian Supercharger rates usually fall between $0.25 and $0.60 per kWh, making a similar session cost roughly $15–$40. The erroneous per-minute structure, combined with the inflated numbers, turned what should be a convenient stop into a potential financial shock.
The glitch appears to have started sometime around early July, and quickly drew attention on social media as owners questioned whether Tesla had implemented steep hidden increases. Some drivers even reported seeing $0 charges in their history, indicating broader billing confusion.
Tesla’s official Charging account on X stated that correct pricing would roll out at midnight on July 13, so the fix is already in effect. More importantly, the company announced it would waive all fees for every Supercharger session since July 2. This blanket waiver covers the entire affected period without requiring users to file individual claims, with automated refunds expected soon. The decision affects stations in PEI and nearby areas in New Brunswick and Nova Scotia.
It’s a classy move, and rather than issuing partial credits or forcing owners to submit support tickets, Tesla simply absorbed the cost of the system error and made drivers whole. In an industry where hidden fees and bill disputes are common, Tesla’s proactive, no-questions-asked approach reinforces owner trust and highlights the company’s commitment to service excellence.
The incident, while disruptive for a short time, ultimately showcases Tesla’s ability to own mistakes and prioritize customer satisfaction. Atlantic Canada Tesla owners can now charge with confidence again, knowing the company has their back when technology glitches occur.
In an era of complex EV billing, such transparency and generosity are refreshing and set a positive example for the industry.
News
SpaceX unveils Starlink next-gen V5 kit: here’s what’s new
SpaceX’s Starlink has launched its latest residential hardware kit: the V5. Designed for reliable high-speed internet, the new terminal represents a significant leap forward in user equipment.
The next generation Starlink Kit is designed to deliver reliable, high-speed home internet. Starlink V5 has a smaller form factor and lightweight design with greater power efficiency than the Starlink V4.
With speeds up to 375+ Mbps, Starlink V5 delivers seamless connectivity… pic.twitter.com/0dorU6n0oD
— Starlink (@Starlink) July 14, 2026
The new V5 Starlink kit features a dramatically smaller and lighter form factor, measuring approximately 384 mm x 306 mm x 34 mm and weighing just 1.1 kg, which is less than half the weight of the previous V4 model, which was 2.9 kg.
This compact design makes installation easier and more versatile, whether mounted on a roof, pole, or even integrated with a pipe adapter. An integrated LED light aids setup in low-light conditions.
Power efficiency sees major gains too. The V5 draws only 35-50W, reducing energy consumption and making it ideal for off-grid or solar-powered setups. Despite its smaller size, performance remains robust. Starlink claims peak speeds of 375+ Mbps, supported by a new Wi-Fi 6 Router Mini that covers up to 2,200 square feet and connects up to 235 devices simultaneously.
The kit maintains strong signal reliability in diverse environments, from urban rooftops to remote rural areas, as demonstrated in the promo footage released by SpaceX, showing seamless operation under cloudy skies.
These improvements expand suitable applications considerably. Households can enjoy lag-free 4K streaming, smooth video conferencing, online gaming, and smart home device management without interruption. The V5’s efficiency and portability also benefit RVs, small businesses, and temporary installations in disaster-recovery zones where quick deployment is critical. Its lightweight build lowers shipping costs and simplifies user handling compared to bulkier predecessors.
Starlink’s Broader Impact on Global Internet Connectivity
Since SpaceX began launching Starlink satellites in 2019, the constellation has grown rapidly. By mid-2026, over 10,400 satellites orbit Earth, with thousands more deployed annually. This massive low-Earth-orbit network delivers broadband to approximately 160 countries and territories, reaching millions of users who previously lacked reliable internet access.
Starlink plays a vital role in bridging the digital divide. It provides essential connectivity to remote communities, maritime vessels, airlines, and regions affected by natural disasters or infrastructure gaps. By combining advanced satellite technology with iterative hardware upgrades like the V5 kit, SpaceX continues to push the boundaries of global internet access, fostering education, economic opportunity, and emergency response capabilities worldwide.
As production ramps up, the V5 promises to make high-performance internet even more accessible to users everywhere.