|Bid||65.50 x 160000|
|Ask||65.50 x 160000|
|Day's Range||65.56 - 66.40|
|52 Week Range||50.00 - 69.98|
|Beta (3Y Monthly)||1.63|
|PE Ratio (TTM)||5.08|
|Forward Dividend & Yield||2.21 (3.27%)|
|1y Target Est||N/A|
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.
Volkswagen and Porsche are on the receiving end of some trolling at the hands of Elon Musk and Tesla. Yahoo Finance's Dan Roberts, Kristin Myers, Heidi Chung and Rick Newman discuss.
Sep.04 -- Porsche picked Niagara Falls, a Chinese wind farm and a solar site in Germany to unveil its first all-electric sports car, underscoring the new Taycan’s central role in turning parent Volkswagen AG into the world’s leading seller of battery-powered vehicles. Porsche Chief Executive Officer Oliver Blume speaks with Bloomberg's Matt Miller at an auto show in Neuhardenberg, Germany.
Rev up your engines! Porsche is going green and will look to compete with Tesla in the electric car space. Yahoo Finance's Zack Guzman, Sibile Marcellus and Pras Subramanian, along with Dealbreaker Executive Editor Thornton McEnery discuss.
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.
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.
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
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.
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.
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.
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.
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.
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.
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.
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.
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.
In honor of the just-released Porsche Taycan, here's a pop quiz: How long does it take for an electric sportscar to go from 0 to 90 miles per hour and back again?If you remember a few years back, electric motors weren't exactly known for speed. The first mass-market example was in Toyota Motor's (NYSE:TM) Prius, and to this day, everyone loves poking fun at the Prius hybrid. You can still find plenty of Prius jokes online.Well, we've come a long way. Wednesday afternoon, Porsche (OTCMKTS:POAHY) released the Taycan - which is fully electric, by the way - and is promoting its new model with a spectacular video of a test run aboard an aircraft carrier.InvestorPlace - Stock Market News, Stock Advice & Trading TipsBelow you see the Porsche Taycan gearing up (so to speak) on the USS Hornet's flight deck. In the video, which you can watch here, the car goes from 0 to 90 mph and then back to 0 mph in just 10.7 seconds.Source: Porsche.comI haven't had a car in a decade - having lived in big cities most of my life - and I'm normally a Tesla (NASDAQ:TSLA) Model S fan. But if I was in the market, I'd want this one! * 7 Stocks to Buy In a Flat Market Porsche seems to have overcome most of the worst stereotypes about electric vehicles (EVs):The 0-90-0 test run proves it can get up and go - the Porsche Taycan has a top speed of roughly 155 mph, comparable to the Model S in "Ludicrous" mode.Plus, Porsche says it can produce an impressive 40,000 Taycans in a year. That's comparable to Porsche's sedan, the Panamera… and it's about double Tesla's first-year production of the Model S! It's also double what Porsche originally had planned for the Taycan. But EVs are clearly in high demand.And, of course, the Taycan has Porsche's classic styling:Source: Porsche.comThe next hurdle to clear is range.The company is advertising a roughly 270-mile range for the Porsche Taycan. That doesn't quite measure up to, say, the Porsche 911 Carrera, which can get over 400 miles on a tank.The internal-combustion engine may be 100-year-old technology, but so far EVs have struggled to compete on range. That's largely due to severe limitations with the current batteries. Batteries 101Right now, EVs rely on the same technology first developed for Sony camcorders in the 1980s: the lithium-ion battery.It's the same battery you'll find in your smartphone and laptop, too. But to power something on the level of a Porsche Taycan, the lithium-ion battery becomes incredibly bulky.That bulk just amplifies one of the other problems with lithium-ion: It has a liquid electrolyte inside that is flammable.Remember the problems with the Samsung Galaxy Note 7? If you tried to bring the phone on an airplane, the flight attendants would confiscate it because the lithium-ion batteries had started catching fire. In early 2018, HP had to recall 50,000 laptops for a similar reason.But electric cars are the future - and, all over the world, regulators are "laying down the law" to get people to make the switch: from California to Germany and even China (which struggles with pollution).So, naturally, carmakers are revving up their search for an alternative battery.Porsche and other German automakers like Audi (OTCMKTS:AUDVF) and Mercedes all want next-generation batteries in their fleets as soon as possible. The German government is providing a $1 billion grant for battery research. Volkswagen (OTCMKTS:VWAGY) and BMW (OTCMKTS:BMWYY) have applied for their slice of that funding.In Japan, a "battery cartel" of sorts has sprung up. The Japanese government, too, is working with researchers - plus major names like Toyota and Panasonic (OTCMKTS:PCRFY) - to get this particular new technology to market. Toyota is pulling out all the stops to deploy it for mass production by summer 2020, when the Olympics come to Tokyo.Why? Well, with this battery, you could get DOUBLE the range after just 15 minutes of charging.Plus, you don't need the liquid electrolyte, so these batteries aren't flammable. In one memorable test, a startup called Ionic Materials shot its battery with a Remington .22. It took three bullets, did not catch fire, and kept working!As an investor, this technology is ideal for a pure play on the battery revolution. Invest Where "Big Auto" Is Dropping Major CashI often talk about "picks and shovels" investing. And that's because if you look back at the 1849 Gold Rush, it was the folks supplying the picks and shovels who ultimately got rich.Therefore, at Investment Opportunities, I'm recommending companies that supply this new technology -- nicknamed the "Jesus Battery."Any competitors that have it will CRUSH Tesla, which may as well flush all the money it's spending on lithium-ion batteries down the toilet. Find out exactly what makes this battery so miraculous here.If you ever wanted to invest in the coming electric car revolution, but weren't sure how, THIS is your chance.I know I do.So I found a company that holds key patents.Automakers like Toyota are relying on this tiny company for its electric cars. Yet the company is totally off the radar.That makes now the right time to get in… before everyone else. I've got a full presentation on the investment opportunity in this "Jesus Battery," which you can view for free by clicking here.Matthew McCall left Wall Street to actually help investors -- by getting them into the world's biggest, most revolutionary trends BEFORE anyone else. The power of being "first" gave Matt's readers the chance to bank +2,438% in Stamps.com (STMP), +1,523% in Ulta Beauty (ULTA) and +1,044% in Tesla (TSLA), just to name a few. Click here to see what Matt has up his sleeve now. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Deeply Discounted Energy Stocks to Buy * 7 Stocks to Buy In a Flat Market * 10 Stocks to Buy to Ride China's Emerging Wealth The post Porsche Taycan: Do We Finally Have a "Tesla Killer"? appeared first on InvestorPlace.
Four years ago, Porsche showed off a concept that would mark a turning point — in investment, R&D and product trajectory — for the German automaker. The reaction to the Mission E, as it was called then, prompted Porsche AG to push forward with a plan to not only develop one electric car, but commit billions of dollars toward electrification.
Porsche's new Taycan electric cars make the Model S look like a bargain, but perhaps highlight its age, analysts said Wednesday.