Porsche just had quite the setback in Q3. The automotive powerhouse just suffered its first quarterly loss as a listed company, losing around $1.1 billion (€967 million) in operating costs in the course of three months, adding to a total dent of about $3.6 billion (€3.1 billion) on the year. The massive plunge coincides with the manufacturer pressing the brakes on some of its EV projects, as well as President Donald Trump’s 15 percent tariff on cars from the E.U., Bloomberg reported. Porsche announced last month that it will continue to make gas-powered Boxsters and Caymans, with its 718 model expected to go all electric in September. That goal has now been postponed—for now, at least—with the car maker continuing to produce internal-combustion-engine iterations, with no official date for an all-electric version on the horizon. (Of course, if you’re looking for an electrified offering from the marque, there’s always the Taycan.) “Due to the delayed ramp-up of electric mobility, the market..
