Porsche CEO admits that Tesla has lured away Porsche’s customers

Tesla Vs Porsche

Tesla's Model S may very well go down as one of the most important and impactful cars in history. Not only did it enjoy a seemingly endless number of accolades and awards, it single-handedly kickstarted the EV revolution into high gear. Though EVs have been around for literally decades, the success Tesla enjoyed with the Model S ultimately prompted traditional automakers like Ford and BMW to take EV development much more seriously.

Porsche in particular has been heavily influenced by Tesla's success. Back in 2015, the luxury automaker announced the Mission E, a fully electric car with some pretty impressive specs. With a base price of $85,000, Porsche last month said that the entry-level Mission E will sport 310 miles of range and a 0-60 time of 3.5 seconds. And if all goes according to plan, the Mission E will be available for purchase by 2019.

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Porsche CEO admits that Tesla has lured away Porsche’s customers originally appeared on BGR.com on Thu, 30 Nov 2017 at 23:59:49 EDT. Please see our terms for use of feeds.

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