Porsche’s Electric Cayenne SUV Gets a Cold Reception

Everybody's having a tough time with this. You look at companies like Ford and General Motors. They lose money on every EV they make.They've reported that it's a big drag on their earnings. They make a lot of money because they sell big SUVs and pickup trucks that have huge margins on them. Porsche doesn't have that.They do have actually, because they should be making good money, but they put a lot of money into EVs because they want to be a player in China. Luxury buyers actually do like these. They're not ...