Slower (acceleration), more expensive, less range, worse software, no Autopilot, no supercharger stations. Who wants that?
The efficiency is so bad in the Taycan it' laughable. With similar battery sizes, the Model S gets 100 miles more range. Porsche is many years behind Tesla in understanding electric drivetrain efficiency.
For the fast version (Turbo S), the Taycan is $80k more expensive than the Model S Performance.
I suppose the Taycan has nicer materials inside.
That's not really Tesla's market, though. Tesla began there because it was a way to get large profits from a small number of vehicles. Porsche wants to stay in that market, but Tesla wants to sell larger numbers of mid-range cars at more modest profits -- partly because that's where the money is, and partly because Musk has bigger plans for electric infrastructure. They'll also continue to play in the performance range, because they can and because it makes good marketing -- even their low end models produce insane torque.
[1] https://www.cnet.com/roadshow/news/porsche-taycan-turbo-4s-t...
I don't think anyone realizes just how significant it is to have Silicon Valley know how in this industry where the visionary is an engineer and not a traditional CEO salesman.
It defies common sense that people question this so much. It's so obvious that Musk is disrupting all of these industries at once and breaking new ground daily.
I think, judging by the downvotes of my above comment that people are jealous or envious of Musk and they will always have a negative reaction to his success.
To be honest I think this valuation is too low. Elon continues to eat the competition's lunch on a daily basis with new ideas and approaches to just about every industry he touches. The competition will be left in the dust once he straps some rockets on his new model Ts.
All the incumbents are slow, fat, and happy with a lot of inertia and management layers from decades of success. They became too fat and too comfortable. They all look old fashioned by comparison to what Musk is producing.
EDIT: Top comment is disparaging Musk's success here. I think in all honesty there are a lot of people who are envious of Musk so they will always have something negative to say when he or his companies are in the news.