Elon Musk Applauds Tesla Plaid Racing Team As Model S Plaid With Track Pack Sets New Nürburgring Record
Portfolio Pulse from Shanthi Rexaline
Tesla's Model S Plaid with track pack set a new lap record for a production electric vehicle at Nürburgring, beating the previous record by over 8 seconds. The Model S Plaid's lap time was also faster than Porsche's Taycan Turbo S with Performance Kit.

June 04, 2023 | 1:25 pm
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POSITIVE IMPACT
Tesla's Model S Plaid sets a new lap record at Nürburgring, showcasing the vehicle's performance capabilities.
The new lap record demonstrates the performance capabilities of Tesla's Model S Plaid, which could attract more customers and boost sales. This positive news may lead to an increase in Tesla's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Tesla's Model S Plaid beats Porsche's Taycan Turbo S with Performance Kit lap record at Nürburgring.
Tesla's Model S Plaid beating Porsche's Taycan Turbo S lap record at Nürburgring could be seen as a negative for Volkswagen, as it may lead to increased competition in the high-performance electric vehicle market. This may result in a short-term negative impact on Volkswagen's stock price.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 70