Tesla CEO Elon Musk Calls It 'Fun Competition' After Revamped Porsche Taycan Caught Testing At Nürburgring
Portfolio Pulse from Anan Ashraf
Tesla CEO Elon Musk has referred to the speed rivalry between Porsche's Taycan and Tesla's Model S Plaid as 'fun competition'. This comes after a revamped Taycan was spotted testing at Nürburgring, potentially targeting the Plaid's record. The updated vehicle might have over 1000 hp power, similar to the Plaid. Porsche is owned by Volkswagen AG. Tesla fans are anticipating the new Tesla Roadster, expected to reach production by the end of next year.
September 15, 2023 | 2:56 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Porsche, owned by Volkswagen AG, is in a speed competition with Tesla's Model S Plaid. The revamped Taycan is potentially targeting the Plaid's record.
The news shows Porsche's competitive stance in the EV market. However, it's unclear how this will impact Volkswagen's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 75
POSITIVE IMPACT
Tesla's Model S Plaid is in a speed competition with Porsche's Taycan. The upcoming Tesla Roadster could further boost Tesla's reputation in the EV market.
The news highlights the competitive edge of Tesla's Model S Plaid and the anticipation for the new Tesla Roadster. This could potentially boost investor confidence and positively impact Tesla's stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100