The global automotive industry is in a state of flux and even luxury giants like Porsche aren't immune to the turbulence. The company's shares plunged sharply after it announced a significant delay in its electric vehicle (EV) rollout and slashed its profit forecasts for the year. This dramatic strategic pivot has sent a clear message to investors and the wider market: the transition to an all electric future is far from a smooth ride. The decision came amid what the company described as 'massive changes within the automotive environment' which include a slower than expected growth in demand for high end EVs and fierce competition from Chinese manufacturers.A Shift from EVs to Combustion EnginesIn a surprising turn of events Porsche reveale
