PAH3.DE - Porsche Automobil Holding SE
| Previous Close | 67.82 |
| Open | 68.82 |
| Bid | 68.82 x 14100 |
| Ask | 68.88 x 12000 |
| Day's Range | 68.58 - 70.18 |
| 52 Week Range | 49.89 - 70.18 |
| Volume | 621,786 |
| Avg. Volume | 444,120 |
| Market Cap | 21B |
| Beta (5Y Monthly) | 1.63 |
| PE Ratio (TTM) | 5.34 |
| EPS (TTM) | 12.90 |
| Earnings Date | Nov 12, 2019 |
| Forward Dividend & Yield | 2.21 (3.26%) |
| Ex-Dividend Date | 2019-06-28 |
| 1y Target Est | N/A |
- TechCrunch
Aeva snags VW investment with smaller, longer-range lidar
Lidar startup Aeva has deepened its relationship with VW Group with a new investment from Porsche Automobili Holding SE, thanks to a next-generation sensor that is headed for the ID Buzz AV, an electric reboot of the automaker's iconic bus that will be used as autonomous taxis. Aeva's newest lidar product, called Aeries, has a 120-degree field-of-view — twice as much as its first product — and yet is half the size and uses less power. All of the components of the new lidar fit onto a single chip, an achievement that Aeva CEO Soroush Salehian said will cost $500 at scale, considerably cheaper than current sensors on the market.
- Bloomberg
Porsche’s Electric Taycan Barely Clears the 200-Mile-Range Mark
(Bloomberg) -- Porsche has long been synonymous with the highest-performance cars money can buy. But its debut electric model is decidedly average in one very significant respect: range.The 2020 Porsche Taycan Turbo on Wednesday clocked in with an estimated range of just 201 miles on the U.S. Environmental Protection Agency’s website. That’s roughly in the middle of the pack among the base models for the newest electric vehicles listed on FuelEconomy.gov.By comparison, Tesla Inc.’s lowest-range Model S sedan has a total range rating of 287 miles, and its best-selling Model 3 is at 220 miles.The Porsche Taycan Turbo starts at $150,900, compared with $39,490 for the entry level Model 3 and $79,990 for the base Model S.“We are not disappointed,” Marcus Kabel, Porsche’s U.S. spokesman, said in an email. The company sought to build a “true Porsche” that would strike a balance between performance and enough range to meet customer need, he wrote.Read more: Driving the $185,000 Porsche Taycan: It’s a Stealth RevolutionTo contact the reporters on this story: Dana Hull in San Francisco at dhull12@bloomberg.net;Gabrielle Coppola in New York at gcoppola@bloomberg.netTo contact the editors responsible for this story: Craig Trudell at ctrudell1@bloomberg.net, David WelchFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- Autoblog
Porsche Taycan Turbo's EPA range of 201 miles is much lower than expected
The Porsche Taycan Turbo already passed its biggest initial test. After initial Porsche estimates pegged the Taycan Turbo's full-charge range at about 280 miles using the generous WLTP rating, the EPA gave it an official range of 201 miles. In our First Drive Review of the Taycan, we guesstimated a real-world driving range of about 230-240 miles with the idea that most drivers will be baited into taking advantage of the Taycan's performance prowess.
- Benzinga
Porsche's All-Electric Model Secures 30,000 Deposits Ahead Of Its 2020 Launch
Porsche Automobil Holding SE (OTC: POAHF ) has received down payments from 30,000 customers in Europe for its first all-electric car Taycan, according to Reuters . What Happened Porsche’s CEO Oliver Blume ...
- Reuters
Porsche's electric Taycan draws interest from 30,000 buyers: Handelsblatt
Porsche has taken down payments from 30,000 customers in Europe for its Taycan, the luxury car maker's first fully electric model, CEO Oliver Blume told Germany's Handelsblatt newspaper. Porsche, which is starting shipment of the Taycan to U.S. dealerships this month and to other markets shortly thereafter, is planning to deliver 20,000 Taycans in 2020. Porsche is under pressure from peer Tesla , which last month announced that it will build its first European factory and design center near Berlin.
- Autoblog
Porsche developing four-motor electric powertrain for an SUV
The 2020 Porsche Taycan Turbo S may be the company's state-of-the-art electric car right now, but that may not last long. In one of its own tech articles, Porsche revealed that it's working on a four-motor electric powertrain, which is two more motors than the Taycan has. As Porsche explains, what makes a four-motor powertrain desirable isn't so much more power, but more control.
- Autoblog
New Porsche hypercar could use F1-spec hybrid powertrain
Not long after the Porsche 918 Spyder went out of production in 2015, the automaker began internal debate about what kind of powertrain it would use in the follow-up. In 2017, Porsche voiced its desire to move its hypercar game on with a battery-electric powertrain, beyond the hybrid 918. The problem — echoed by McLaren — was that battery technology wouldn't make such a BEV possible until at least the middle of the 2020s.
- Oilprice.com
Flying Taxis Are About To Overcome Their Biggest Obstacle
Flying taxis are coming to a city near you, and their biggest backers aren’t the hundreds of shiny startups that have captured the imagination of Silicon Valley
- Reuters
Porsche invests in Israeli auto tech firm Tactile Mobility
Israeli automotive technology startup Tactile Mobility said on Tuesday it secured $9 million in funding from Porsche, Union Tech Ventures and previous investors. Tactile Mobility said it plans to use the funds, which could grow to $14 million, to further develop its technology and data offerings and expand marketing operations. Tactile Mobility develops software that uses a vehicle's non-visual sensors, including wheel speed, wheel angle, RPM and gear position to help smart and autonomous vehicles "feel" vehicle-road dynamics and road conditions below their tires.
- Reuters
Tesla's Nuerburgring run revs up debate over speed records
Tesla Inc's attempts to humble Porsche with a new lap record on Germany's legendary Nordschleife racetrack have reignited a controversy about the value of lap times, as the circuit steps in to quash claims of cheating. Porsche and U.S.-based Tesla are battling to establish supremacy in lap times for four-door electric sportscars, but comparisons are not exact, as conditions, ranging from car modifications to tyre types, vary with each test. "We want to have circumstances that can be understood and replicated," said Nuerburgring spokesman Alexander Gerhard, adding that the racing circuit operator had moved to tighten rules by which a car maker can claim a certified lap time.
- Reuters
Boeing partners with Porsche on electric flying car
Boeing is already competing with arch-rival Airbus SE and other companies to introduce small self-flying vehicles capable of vertical takeoff and landing. The test flight was within months of Airbus showcasing a prototype of an autonomous passenger vehicle in partnership with Volkswagen's premium brand, Audi, that has the ability to both fly and drive. Porsche has been aiming to build flying cars that can be used as taxis and for ride-sharing purposes.
- Market Realist
The Tesla-Porsche Battle Is Heating Up
Since Porsche launched the Taycan, Tesla has been trying to prove its supremacy in terms of various features. It recently revealed its upcoming Plaid Mode.
- Reuters
VW, Porsche to recall around 227,000 cars over airbag, seatbelt issues: report
Volkswagen and Porsche have to recall around 227,000 cars due to problems with airbags and seatbelt pre-tensioners, Germany's Stuttgarter Zeitung said on Thursday. The newspaper said the Tiguan, Sharan and CC models built in 2015 as well as Porsche 911, Boxter, Cayman and Panamera models from 2015 and 2016. It cited Germany's KBA federal motor authority as saying the cars needed an update to the software of the airbag control units.
- Reuters
Volkswagen, Porsche to recall around 227,000 cars over airbag, seatbelt issues: report
Volkswagen and Porsche have to recall around 227,000 cars due to problems with airbags and seatbelt pre-tensioners, Germany's Stuttgarter Zeitung said on Thursday. The newspaper said the Tiguan, Sharan and CC models built in 2015 as well as Porsche 911, Boxter, Cayman und Panamera models from 2015 and 2016. It cited Germany's KBA federal motor authority as saying the cars needed an update to the software of the airbag control units.
- Reuters
Tesla takes on Porsche with battle on Germany's toughest circuit
Tesla wants to steal Porsche's bragging rights by testing its Model S on the northern loop of Germany's Nuerburgring circuit, using a marketing tool that German carmakers have long used to tout the superiority of their products. Germany’s Auto Motor und Sport this week published photographs of a Tesla with "100D+" markings on the track where according to the magazine, it clocked an unofficial time of 7 minutes and 23 seconds, beating the recently launched electric Porsche Taycan's lap time of 7 minutes 42 seconds.
- InvestorPlace
Tesla Is the Ferrari of EVs — And That’s Not Good for TSLA Stock
Like most American males, I love cars. I may not know much about them, but I love driving fast (in accordance with local and state laws, of course). And Tesla (NASDAQ:TSLA) is one of those rare companies that has combined multiple technologies into one cohesive whole. In the past, this has supported a wild upswing in TSLA stock.Source: franz12 / Shutterstock.com Better yet for car enthusiasts, Tesla has never stopped innovating. Recently, the iconic sports-car manufacturer Porsche (OTCMKTS:POAHY) made waves with its Taycan electric vehicle. Recently, a Porsche Taycan Turbo lapped Germany's famous Nurburgring track with a time of 7:42. In doing so, the automaker set a lap record for a production electric vehicle.If you've seen the undulating curves and corners of the Nurburgring, you know that anything under an eight-minute lap time is wicked fast. Not to be outdone, Tesla ran its latest Model S around the same track. Unofficially, the S completed a full cycle 20 seconds faster than the Taycan. And if that's a truly legitimate time, Tesla stock deserves an upgrade just on the improved performance alone.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIn the world of auto racing, a hundredth of a second may represent the difference between victory and defeat. When you're talking about 20 seconds in this context, it's a different dimension. Again, in theory, this should lift the TSLA stock convincingly. * 7 Momentum Stocks to Buy On the Dip After all, look at Ferrari (NYSE:RACE). Its business is entirely based on performance and sex appeal.But Tesla is no Ferrari. Clearly, it's best suited for being an EV supercar manufacturer, yet it insists on being a "regular" automaker. Unfortunately, this confusing message hurts Tesla stock in the long run. TSLA Has Ferrari-esque Running CostsAlthough not apparently a priority, Tesla is nevertheless working hard on its uber-cool Roadster. A true supercar, the company claims it will hit 60 miles per hour from a standstill in 1.9 seconds.That's the kind of outrageous statistic that gets people excited about Tesla, and perhaps TSLA stock. For context, Ferrari's 812 Superfast -- that is unfortunately its real name -- hits 60 one second slower. As I mentioned up top, one second is an eternity.Thus, with the EV platform, Tesla has not only matched the competition in terms of streetlight-to-acceleration, it has utterly dominated its fossil-fueled exotic peers. However, it's proven performance won't do much for Tesla stock. That's because TSLA insists on providing a comprehensive product portfolio.On the surface, I'm okay with that. For instance, Toyota (NYSE:TM) has found great success building reliable every-man cars. At the same time, it has ventured into the luxury and performance categories with its Lexus brand.But the difference here is that Toyota -- aside from the larger scale -- has a cohesive strategy. In other words, it's not like Tesla, trying to peddle deceptively expensive cars to middle-class drivers. The hidden expenses of owning even the "entry level" Model 3 represents a longer-term risk for TSLA stock.While EVs undeniably appeal to the techie crowd, they also have multiple liabilities. Specific to Tesla, its EVs are expensive to insure: Essentially, it's on par with insuring a Porsche 911.And why is protecting your Tesla so onerous? To put it simply, Teslas basically are the Ferraris of EVs, but it doesn't want to admit that. Because of their exotic technology and parts, they're very expensive to repair.As such, they should only be marketed to the affluent. Anyone who blinks at $10,000 or higher repair bills shouldn't drive these things. TSLA Stock Faces Risks from Eroding Consumer BaseI wasn't kidding about the $10,000, either. One unfortunate Tesla driver documented his nightmare story of a fairly typical fender-bender accident. After being rear-ended by an SUV, he received a final bill for the damage totaling nearly $36,000.From the pictures the driver shared, I think we can all agree that the damage is not worth the cost of an entry level Mercedes Benz model. And from what other Tesla drivers shared, these are not necessarily atypical expenses.Again, this is because Teslas are exotic cars masquerading as normal ones. While the average consumer is initially wowed, more people eventually will catch on. When they do, they probably won't want to deal with EVs and their (expensive) quirks.Instead, they'll go back to the trusty internal combustion engine. Yeah, it's loud and environmentally unfriendly. But when you're facing a $36,000 repair bill, any alternative is a better alternative. And that really doesn't bode well for Tesla stock.As of this writing, Josh Enomoto did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Momentum Stocks to Buy On the Dip * 7 Dow Titans Breaking Higher * 5 Growth Stocks to Sell as Rates Move Higher The post Tesla Is the Ferrari of EVs -- And Thatas Not Good for TSLA Stock appeared first on InvestorPlace.
- Autoblog
Guess what the Porsche Boxster and Cayman are being traded in for
When it comes time for the American owners of Porsche Boxsters and Caymans to trade in their keys for something new, they usually opt for another selection within the Porsche family. Go ahead and throw out every sports car you're starting to list.
- TechCrunch
Porsche increases stake in electric car maker Rimac Automobili to 15.5%
Porsche AG is increasing its stake in Croatian electric vehicle components and hypercar company Rimac Automobili . The increased stake is the latest effort by Porsche to invest more into electric mobility, particularly in battery technology. It was just 14 months ago that Porsche took a 10% stake in Rimac.
- Yahoo Finance
2019 BMW X5 xDrive50i - a beastly SUV that’s also a tech marvel
For the 2019 model year, the BMW X5 is all new, and that is a very good thing. '2 Dudes in a Car' takes the new X5 for a spin.
- Engadget
Porsche Taycan EV hands-on
- Yahoo Finance Video
Porsche Taycan revealed
Porsche is now going green with their new Porsche Taycan. Available in two models, the Taycan Turbo starts at $150,900 while the Taycan Turbo S will retail at $185,000. Yahoo Finance's Pras Subramanian joins Yahoo Fiannce's YFi PM to discuss.
