Financial Performance - Porsche reported a third-quarter loss of €966 million, approximately ¥8 billion, leading to a significant 99% year-on-year decline in sales profit for the first three quarters of the year [1][3] - For the first nine months of the year, Porsche's revenue was approximately €26.86 billion, a decrease of 6% compared to the previous year, with sales profit dropping to €4 million from €403.5 million [3] Strategic Decisions - The company announced the postponement of several electric vehicle launches, extended the market lifecycle of various fuel and hybrid models, and terminated its battery production plan, resulting in an additional expenditure of approximately €2.7 billion, around ¥22.4 billion [5] - Porsche indicated that the U.S. tariff policy has negatively impacted its performance, with additional costs of €300 million incurred in the first nine months, and an estimated total loss of €700 million for the year due to these tariffs [5] Incident Report - A Porsche Taycan caught fire while driving in Xi'an, Shaanxi, on October 24, with the vehicle completely engulfed in flames, although no injuries were reported [6] - The company is cooperating with fire department investigations into the incident, and while there was a previous recall of some Taycan models due to battery sealing issues, it remains undetermined if this incident is related [8]