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Audi debuts e-tron GT: 293 mile range, 155 MPH top speed, 590 HP, $99,900 starting price

Audi e-tron GT (Credit: Audi)

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German automaker Audi has unveiled its newest all-electric vehicle: the e-Tron GT. The e-tron offers between 269 and 293 miles of WLTP-estimated range with several different variants, a top speed of 155 MPH, and a 3.3 second 0-62 MPH time. The new e-tron will start at $99,000.

Audi unveiled the e-tron during a live event on February 9th, detailing the exterior and interior design, as well as the vehicle’s specifications and performance figures. The e-tron GT aims to bring world-class performance to an all-electric platform as Audi begins to transition to a more broad offering of EVs for the future, with plans to offer more than 30 cars by 2025. Audi says 20 of these cars will be fully-electric.

Audi e-tron GT: the embodiment of Audi

The introduction of the e-tron GT “perfectly embodies Audi’s innovative and pioneering spirit,” Hildegard Wortman, Member of the Board of Management of Audi AG for Sales and Marketing, said. The e-tron will offer four-wheel steering, along with torque vectoring for improved handling.

With range offerings between 269 and 293 miles (433 and 472 kilometers), the e-tron will offer plenty of driving range for travelers far and wide. Additionally, Audi stated that the vehicle’s 95 kWh battery pack would have the ability to charge from 0 to 80% in less than 23 minutes when plugged into a 700kW station. Audi focused heavily on aerodynamics to complement the range ratings, and stated the vehicle has a .24 drag coefficient.

Audi e-tron RS GT: the most powerful Audi ever

Audi’s premier, top of the line GT variant will be the RS. Its 0-60 MPH in 3.1 seconds is lightning fast and will compete with some of the quickest electric cars in the world. Additionally, a top speed of 155 MPH gives it a face-melting maximum rate of travel, although it will rarely be reached by the traditional driver.

Niko Rosberg, a former Formula One World Champion noted that the RS GT’s performance was one of a kind. The four-wheel steering system combined with the performance specifications offered one of the most unique driving experiences from a production car he’s ever experienced. Rosberg spoke highly of the GT’s performance variant, adding that it was unbelievable to drive an all-electric powertrain with the power, acceleration, and speed that was reminiscent of his F1 days.

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Sustainable interior materials for unmatched environmental consciousness

One of the main focuses of Audi moving forward is to reduce greenhouse gas emissions during the vehicle’s life cycle. This begins with the manufacturing process, which Audi detailed in its goals to be CO2 neutral by 2025. The e-tron GT’s manufacturing facility is fully-powered by renewable energy, making the production process Earth-friendly.

Additionally, Audi looked to use sustainable materials within its interior. One focus was to eliminate waste within the vehicle by using sustainably-sourced materials that could be recycled when the car reaches the end of its cycle. The seats within the e-tron GT use around 99% of zero-waste materials, making it one of the most sustainable interiors in the automotive market.

The 2022 Audi e-tron GT starts at $99,900 plus destination fees, which haven’t been defined by the automaker yet. The RS e-tron GT will be $139,900, Autoblog says. The car is expected to begin sales later this summer.

Audi’s full unveiling of the e-tron GT is available below.

https://youtu.be/StkkIdBY5r0

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Joey has been a journalist covering electric mobility at TESLARATI since August 2019. In his spare time, Joey is playing golf, watching MMA, or cheering on any of his favorite sports teams, including the Baltimore Ravens and Orioles, Miami Heat, Washington Capitals, and Penn State Nittany Lions. You can get in touch with joey at joey@teslarati.com. He is also on X @KlenderJoey. If you're looking for great Tesla accessories, check out shop.teslarati.com

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Tesla ends Full Self-Driving purchase option in the U.S.

In January, Musk announced that Tesla would remove the ability to purchase the suite outright for $8,000. This would give the vehicle Full Self-Driving for its entire lifespan, but Tesla intended to move away from it, for several reasons, one being that a tranche in the CEO’s pay package requires 10 million active subscriptions of FSD.

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Credit: Tesla

Tesla has officially ended the option to purchase the Full Self-Driving suite outright, a move that was announced for the United States market in January by CEO Elon Musk.

The driver assistance suite is now exclusively available in the U.S. as a subscription, which is currently priced at $99 per month.

Tesla moved away from the outright purchase option in an effort to move more people to the subscription program, but there are concerns over its current price and the potential for it to rise.

In January, Musk announced that Tesla would remove the ability to purchase the suite outright for $8,000. This would give the vehicle Full Self-Driving for its entire lifespan, but Tesla intended to move away from it, for several reasons, one being that a tranche in the CEO’s pay package requires 10 million active subscriptions of FSD.

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Although Tesla moved back the deadline in other countries, it has now taken effect in the U.S. on Sunday morning. Tesla updated its website to reflect this:

There are still some concerns regarding its price, as $99 per month is not where many consumers are hoping to see the subscription price stay.

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Musk has said that as capabilities improve, the price will go up, but it seems unlikely that 10 million drivers will want to pay an extra $100 every month for the capability, even if it is extremely useful.

Instead, many owners and fans of the company are calling for Tesla to offer a different type of pricing platform. This includes a tiered-system that would let owners pick and choose the features they would want for varying prices, or even a daily, weekly, monthly, and annual pricing option, which would incentivize longer-term purchasing.

Although Musk and other Tesla are aware of FSD’s capabilities and state is is worth much more than its current price, there could be some merit in the idea of offering a price for Supervised FSD and another price for Unsupervised FSD when it becomes available.

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Musk bankers looking to trim xAI debt after SpaceX merger: report

xAI has built up $18 billion in debt over the past few years, with some of this being attributed to the purchase of social media platform Twitter (now X) and the creation of the AI development company. A new financing deal would help trim some of the financial burden that is currently present ahead of the plan to take SpaceX public sometime this year.

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Credit: SpaceX

Elon Musk’s bankers are looking to trim the debt that xAI has taken on over the past few years, following the company’s merger with SpaceX, a new report from Bloomberg says.

xAI has built up $18 billion in debt over the past few years, with some of this being attributed to the purchase of social media platform Twitter (now X) and the creation of the AI development company. Bankers are trying to create some kind of financing plan that would trim “some of the heavy interest costs” that come with the debt.

The financing deal would help trim some of the financial burden that is currently present ahead of the plan to take SpaceX public sometime this year. Musk has essentially confirmed that SpaceX would be heading toward an IPO last month.

SpaceX IPO is coming, CEO Elon Musk confirms

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The report indicates that Morgan Stanley is expected to take the leading role in any financing plan, citing people familiar with the matter. Morgan Stanley, along with Goldman Sachs, Bank of America, and JPMorgan Chase & Co., are all expected to be in the lineup of banks leading SpaceX’s potential IPO.

Since Musk acquired X, he has also had what Bloomberg says is a “mixed track record with debt markets.” Since purchasing X a few years ago with a $12.5 billion financing package, X pays “tens of millions in interest payments every month.”

That debt is held by Bank of America, Barclays, Mitsubishi, UFJ Financial, BNP Paribas SA, Mizuho, and Société Générale SA.

X merged with xAI last March, which brought the valuation to $45 billion, including the debt.

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SpaceX announced the merger with xAI earlier this month, a major move in Musk’s plan to alleviate Earth of necessary data centers and replace them with orbital options that will be lower cost:

“In the long term, space-based AI is obviously the only way to scale. To harness even a millionth of our Sun’s energy would require over a million times more energy than our civilization currently uses! The only logical solution, therefore, is to transport these resource-intensive efforts to a location with vast power and space. I mean, space is called “space” for a reason.”

The merger has many advantages, but one of the most crucial is that it positions the now-merged companies to fund broader goals, fueled by revenue from the Starlink expansion, potential IPO, and AI-driven applications that could accelerate the development of lunar bases.

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Tesla pushes Full Self-Driving outright purchasing option back in one market

Tesla announced last month that it would eliminate the ability to purchase the Full Self-Driving software outright, instead opting for a subscription-only program, which will require users to pay monthly.

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Credit: Tesla

Tesla has pushed the opportunity to purchase the Full Self-Driving suite outright in one market: Australia.

The date remains February 14 in North America, but Tesla has pushed the date back to March 31, 2026, in Australia.

Tesla announced last month that it would eliminate the ability to purchase the Full Self-Driving software outright, instead opting for a subscription-only program, which will require users to pay monthly.

If you have already purchased the suite outright, you will not be required to subscribe once again, but once the outright purchase option is gone, drivers will be required to pay the monthly fee.

The reason for the adjustment is likely due to the short period of time the Full Self-Driving suite has been available in the country. In North America, it has been available for years.

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Tesla hits major milestone with Full Self-Driving subscriptions

However, Tesla just launched it just last year in Australia.

Full Self-Driving is currently available in seven countries: the United States, Canada, China, Mexico, Australia, New Zealand, and South Korea.

The company has worked extensively for the past few years to launch the suite in Europe. It has not made it quite yet, but Tesla hopes to get it launched by the end of this year.

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In North America, Tesla is only giving customers one more day to buy the suite outright before they will be committed to the subscription-based option for good.

The price is expected to go up as the capabilities improve, but there are no indications as to when Tesla will be doing that, nor what type of offering it plans to roll out for owners.

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