The sports-car company's CEO feels the need for green speed and is testing electric versions of its Boxster. But he's not letting competitors like Tesla hurry him along. Porsche's focus: performance and a cruising range comparable to that of a sports car today.
Tesla is scheduled to deliver the first of its Model X crossover SUVs to customers next week. The startup carmaker will hold an event at its factory in Fremont, California, September 29, as the first "Signature Series" Model X vehicles roll off the assembly line. CEO Elon Musk will be there, as well as Business Insider, so check back for coverage.
DETROIT (Reuters) - Tesla Motors Inc <TSLA.O> won a near-perfect score for its Model S electric car in an annual owner-satisfaction survey conducted by influential magazine Consumer Reports and released Thursday.
Tesla Motors Inc. (TSLA) will be producing two different models simultaneously for the first time next year. The company is gearing up to roll out its highly anticipated all-electric Model X crossover SUV to sell alongside its Model S at its direct-selling stores.
Frankfurt (AFP) - The head of German luxury sports car maker Porsche, Matthias Mueller, has been picked to succeed Martin Winterkorn as the chief executive of scandal-battered auto giant Volkswagen, the business daily Handelsblatt reported on Thursday.
As Volkswagen Group's diesel emissions scandal grows to include more than 11 million cars worldwide, there are fears that the scandal has spread to other members of the VW brand family. Especially Porsche, the high-performance jewel-in-the-crown of the automaker.
Porsche sells an incredible 20 different variants of its iconic 911 sports car. Now, there's a 21st. This week, Porsche's North American division introduced the special edition 911 GTS Club Coupe at the company's brand-new Atlanta headquarters. The new Club Coupe celebrates Porsche Club of America 60th anniversary.
Tesla Motors Inc (NASDAQ:TSLA) must have been relieved following Porsche’s announcement that it will not be developing an all-electric plugged-in vehicle, which would have been in direct competition with Tesla Model S sedan. Previous speculations had suggested that Porsche, which is a sports car brand owned by Volkswagen AG (ADR) (OTCMKTS:VLKAY), was planning to launch the electric variant of its Panamera in 2015.
Tesla Motors Inc. drivers were more likely than Porsche owners — or anyone else — to say they’d buy their cars again in this year’s edition of the closely-watched Consumer Reports buyer survey.
Tesla’s Model S luxury electric sedan topped the U.S. survey a second year in a row, scoring 98 out of a possible 100. The No. 2 brand, Porsche, scored an average of 87 out of 100 across its model lines. Palo Alto, California-based Tesla, co-founded and led by billionaire Elon Musk, said last month that it expects to sell 50,000 Model S units next year.
Once upon a time, Tesla's Model S was supposedly the world's safest car. Then a few of them spontaneously combusted either in the comfort of their own garage, or while doing the unthinkable, i.e., driving over pieces of debris on the road, and questions emerged just how much money was used to bribe the NHTSA which had rushed to proclaim the Model S the safest car it has ever tested without apparently doing any actual testing.