Porsche CEO Says Preorders for Taycan Electric Car Have Jumped

Porsche has unveiled the All Electric Tycoon, priced starting at $90,000. The vehicle has garnered nearly 30,000 pre-orders, showcasing strong market interest. Porsche's innovative financing approach involved employees contributing part of their future salary increases. The car will be produced in Germany, emphasizing the brand's heritage. Despite competitive pricing, Porsche maintains a good margin, viewing the Tycoon as a stepping stone for future innovations in electromobility.

What is the starting price of Porsche's new all-electric vehicle, the Tycoon?

• $70,000

• $80,000

• $100,000

• $90,000

How did Porsche finance the development of the Tycoon?

• By issuing bonds

• Through employee salary contributions

• With government subsidies

• By increasing car prices

Where is the Tycoon produced?

• United States

• China

• Germany

• Japan

What is a key aspect of Porsche's brand that they emphasize with the Tycoon?

• Use of recycled materials

• Fast production time

• German engineering and production

• Low cost production

What is Porsche's expectation for the Tycoon in the electric vehicle market?

• It will be a niche product

• It will outsell the 911

• It will only be sold in Europe

• It will have limited production