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Porsche boss Matthias Müller says the German performance brand plans to launch a seventh model series in the near future, and it might be the much-speculated Ferrari fighter or even the rumored Tesla challenger.

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Porsche's so-called '717' all-electric vehicle may have a single-charge range as long as 300 miles as well as a 600-horsepower version.

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The latest intel from Germany suggests that Porsche, already boasting the market's biggest range of plug-in models, will skip conventional engines with its long-rumored baby Panamera sedan and go straight for the EV... and Tesla's jugular.

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The prospect of Porsche building a smaller version of the Panamera has been an on-again, off-again proposition as the German automaker seems to go back and forth on the project. Last we heard, Porsche had pushed back the so-called Pajun (shorthand for Panamera Junior) until 2019 at the earliest, but we could be looking at it right here.

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If you're enticed by the idea of a Porsche sedan but find the Panamera to be too big, your hopes may have been raised by the development of the so-called Pajun. But don't get those hopes up too much, because the latest word coming in from the Old World has it that the Panamera Junior has been delayed.

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Carroll Shelby's passing, BMW 3 Series Wagon, Porsche sub-Boxster/Pajun, Google car in public, BMW 2 Series

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There's no question that Porsche is on the move. The company that once revolved almost entirely around the 911 has since expanded to include smaller sportscars, sedans and SUVs, and is showing little sign of slowing down. The Cajun is set to arrive shortly to slot in below the Cayenne, while the 918 supercar will anchor the top end of the company's product line-up. But that ain't all.

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