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Sept. 4, 2019, 6:21 p.m. EDT

Porsche just unveiled a huge threat to Tesla’s high-end electric crown

Porsche’s Taycan starts at $150,000

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By Shawn Langlois, MarketWatch


Porsche
Watch out, Tesla.

It took awhile — years, in fact — but Porsche on Wednesday marked “the start of a new era” by finally introducing the hotly anticipated production version of the all-electric concept that wowed the crowd at the 2015 Frankfurt Motor Show.

Dubbed the Taycan, the new sedan, building in Zuffenhausen, Germany, with a base price topping $150,000, takes aim at the Tesla /zigman2/quotes/203558040/composite TSLA -1.92% Model S. Deliveries will start before the year end.

“We promised a true Porsche for the age of electromobility — a fascinating sports car that not only excites in terms of its technology and driving dynamics, but also sparks a passion in people all over the world, just like its legendary predecessors have done,” Porsche board member Michael Steiner said ina press release. “Now we are delivering on this promise.”

The Taycan is ‘potentially a nail in the coffin of petrol-fuelled performance cars.’

Top Gear

Speed-wise, the numbers are staggering. The Turbo S version of the Taycan, which carries a price tag approaching $200,000, accelerates from zero to 62 mph in 2.8 seconds, with a range said to be up to 257 miles. Top speed comes in at 161 mph.

The Tesla Model S Performance, by comparison, is a bit more affordable, starting at under $100,000 before incentives, and goes from zero to 60 in 2.4 seconds.

Also, in a nod to sustainability, Porsche, for the first time ever, offers a completely leather-free interior made up of recycled materials.


Porsche

Porsche says it already has more than 20,000 refundable deposits for the Taycan, a number that represents the first full year of production, more or less.

Watch this summary from Top Gear, which hails the car as “potentially a nail in the coffin of petrol-fuelled performance cars”:

/zigman2/quotes/203558040/composite
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Shawn Langlois is an editor and writer for MarketWatch in Los Angeles. Follow him on Twitter @slangwise.

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