Tech

Porsche's stunning Tesla rival may be cheaper than expected

porsche mission e
Porsche hopes its Mission E will allow it to compete with Tesla in the electric car market. Reuters/Kai Pfaffenbach
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  • Porsche's Mission E may start at $75,000, around $10,000 less than expected.
  • The company's first fully-electric car is set to be released in 2019.
  • The Mission E is expected to come in three models that range from 402 to 670 horsepower.


Porsche is set to release its first fully-electric car, the Mission E, in 2019. While the company previously indicated the car's price would begin at around $85,000, Automobile Magazine reports that number may be closer to $75,000. This would put it in the range of Tesla's Model S, which starts at $74,500.

The publication also reports that the Mission E will come in three models, ranging from 402 to 670 horsepower. The fastest model will be able to hit a maximum speed of 155 mph and go from 0-60 mph in about 3.5 seconds, according to Automobile Magazine. This would be a little slower than a Tesla Model S P100D, which can do the same in 2.5 seconds.

The Mission E is Porsche's attempt to compete with Tesla, the Model S in particular, and boasts a number of impressive features. It will be able to drive up to 310 miles on one charge and reach 80% of its battery capacity after charging for just 15 minutes. Tesla's Model S can travel 294 miles per charge.

Drivers will have multiple options when they need to charge the vehicle. They will be able to use a traditional cable or simply drive the car so it sits on top of a charging base plate that can refill its battery without having to plug anything into the car. The car's interior will be very responsive to drivers, with the ability to track the driver's eyes and adjust the dashboard display based on what the driver wants to see.

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I'm a senior transportation reporter at Insider covering electric vehicles, automated-driving technology, and ride-hailing. I joined Insider in October 2017 and previously worked as an intern at the St. Louis Post-Dispatch. I graduated from Washington University in St. Louis with degrees in film and media studies and business economics. You can follow me on Twitter @matousekmark and email me at mmatousek@jkmperu.com.  If you have sensitive information you'd like to share and don't feel comfortable sending it to my work email or via a direct-message on Twitter, you can contact me on the encrypted messaging app Signal at 646-768-4712 or email my encrypted address at mmatousek@protonmail.com. Here's some of my work: Uber insiders are divided over Dara Khosrowshahi's leadership, with some worried the company has become 'boring' and 'confused' about its future Nikola founder Trevor Milton convinced the world he was the next Elon Musk. Insiders say a history of lies brought the billionaire down. 17 hours a day, 7 days a week: Cruise-ship workers describe the grueling conditions they face on the job We talked to 42 insiders about Tesla's factory of the future. They revealed the corners cut to hit ambitious production targets. 70-hour weeks and 'WTF' emails: 42 employees reveal the frenzy of working at Tesla under the 'cult' of Elon Musk Tesla is transforming how cars are sold. But 27 insiders say the company's methods mean slashed pay and living under the constant threat of getting laid off. Uber insiders reveal how DoorDash stole its delivery crown and left Eats in the dust Uber's trying no-meeting Mondays to give employees a break from 'tiring' back-to-back meetings, a leaked email reveals Leaked email reveals a Tesla VP expressed concern about employees coming to work with COVID-19 symptoms Leaked document reveals Nikola flip-flopped on whether it would spend any of its $17 million of customer deposits to fund the Nikola One Insiders reveal Alibaba's Jack Ma sought a partnership with Canoo to build electric delivery vans, but the deal fell flat because the startup couldn't meet his aggressive timeline Leaked email from Elon Musk reveals the Model Y is experiencing production 'challenges' while passing the Model 3 as the top priority at Tesla's US car factory Leaked email and audio reveal Carnival-owned Holland America has struggled to give refunds to some customers Leaked documents reveal the severance packages laid off Carnival UK workers will receive Inside Tesla's overhaul plan for its sales and delivery teams to solve one of its toughest customer challenges