Profits plummeted 98% due to a recession in the luxury car industry and failed EV strategy.

Suffered its biggest sales slump since 2009, with sales falling 10% globally and collapsing 26% in the key China market, due to weak EV demand and regulatory issues.

While still a benchmark for track-focused engineering, its dominance is being challenged by increasingly capable competitors, which could affect its brand exclusivity and pricing power.

The new Porsche 911 Turbo S is now a heavier, hybrid-only model, a move viewed as bearish due to customer preference for lighter cars and the tendency for complex hybrids to depreciate faster.

Mentioned as one of the legacy auto competitors retreating from their EV plans, highlighting the difficulty in competing with Tesla.

Predicted to potentially go bankrupt or require a government bailout within five years due to the existential threat from the EV transition.

Older air-cooled 911s were discussed as good investments that often appreciate in value, highlighting the brand's strong heritage and enthusiast following which helps maintain value.