Porsche just came out with an electric 1,000+ horsepower supercar, and you probably can’t afford it.

The all-electric 1,093-horsepower Taycan Turbo GT has already set two racetrack speed records for an electric car, and it’s beaten a Tesla Model S by an insane 18 seconds!

How is this Porsche setting so many new records? The answer is in its use of a “launch control” button that empowers the EV to use a brief burst of energy to propel the car from 0 to 60 in 2.1 seconds by boosting the car’s standard 777 horsepower up to 1,093 horsepower for instant acceleration.

The Porsche EV will cost around $230,000 when it launches this Summer, and the waiting list is already pretty long. So if you have deep pockets and are in the market for a mid-life crisis the new Porsche EV Taycan Turbo GT might be right for you.

Porsche unveils one of the fastest road cars in the world, featuring a 1,000-horsepower ‘launch control’ button