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The Porsche Cayenne S E-Hybrid and the Panamera S E-Hybrid

Porsche is ready to follow in the footsteps of Tesla.

Probably not a statement you ever thought you'd hear. Right?

Porsche boss Matthias Mueller spoke at the automaker's annual press conference awhile back. He made it clear that Porsche is going to chase Tesla:

“Tesla has built an exceptional car. They have a very pragmatic approach and set the standard, where we have to follow up now.”

For Tesla, these words of praise coming from the head honcho at Porsche should be taken as an indication of success.

Porsche's upcoming Tesla-like electric car will have a range of 300 or more miles. It will compete with the Model S head-to-head.

Source: Automotive News