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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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
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