Connect with us

News

Mercedes EQS EV spied benchmarking against Tesla Model S and Model 3

Published

on

Mercedes-Benz was spied testing its yet-to-be-released EQS long-range electric vehicle against Tesla’s flagship Model S, a vehicle that has arguably become the gold standard when it comes to the electric car to be benchmarked against.

Outfitted with a familiar camouflage wrap to conceal some of its exterior features, the EQS was spotted with a Tesla Model 3 and Model S in tow at the Mercedes Research and Development Center in Sindelfingen, Germany. The test facility is located outside of Stuttgart, where both Mercedes and Porsche are headquartered.

The Model 3 that arrived at the testing facility was not a Performance variant, as determined by the wheels, ride height, and trim of the vehicle. Tesla’s flagship sedan, the Model S, was also benchmarked against by Mercedes during the EQS testing session.

Mercedes EQS testing against a Tesla Model S at the Research and Development Center in Sindelfingen, Germany (Teslarati)

Design and Aesthetics

The EQS seen in the pictures appears to have wide and bulky body dimensions that are reminiscent of the Model S Plaid variant. Tesla’s Plaid Mode Model S was designed with a broader body and three separate motors for increased performance. Still, it also contained a rear diffuser for efficient air displacement and a rear spoiler that improved the aerodynamics of the vehicle.

The EQS in the photographs does not contain either a diffuser or a rear spoiler.

Advertisement

While somewhat reminiscent of other Mercedes-Benz models, the EQS’ rounded edges on the quarter panels give it a sportier look than the 2021 S-Class 450 SE, which is much more squared off at the corners of the vehicle.

Mercedes also says that the EQS will have digital headlamps and an all-digital front grille. A futuristic and fluid design will seamlessly integrate the body, dashboard, console, and armrests, and the luxury interior will be made from recycled materials to increase sustainability.

Mercedes EQS testing against a Tesla Model S at the Research and Development Center in Sindelfingen, Germany (Teslarati)

Performance and Other Features

Mercedes unveiled the EQS in 2019 and stated that two electric motors would give the car around 470 horsepower. The German automaker estimates that the EQS will reach 0-60 MPH in less than 4.5 seconds and that it will have 435 miles of all-electric range based on the more relaxed WLTP standard.

It will also pack a 100 kWh battery that will recharge from 0% to 80% in 20 minutes using high-power DC Fast Charging.

Mercedes also plans to use at least level 3 autonomy, but there is some indication that the German automaker may have to scrap these plans when the car is released. Mercedes and BMW had a joint partnership that was aimed toward developing self-driving technology, but it was frozen after a steep plunge in demand due to the COVID-19 pandemic.

Advertisement

The EQS is Mercedes’ first of its all-new line of electric cars. The German automaker is doing what many other car companies in the same country are attempting to do: breakthrough Tesla’s expansive lead in EV tech by developing impressive sustainable models.

The EQS starts at $96,000 and is expected to go on sale in 2021.

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

Advertisement
Comments

News

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.

Published

on

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.

Advertisement

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.

Advertisement

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.

Advertisement
Continue Reading

Elon Musk

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.

Published

on

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

Advertisement

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.

Advertisement

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.

Advertisement
Continue Reading

News

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.

Published

on

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.

Advertisement

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.

Advertisement

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.

Continue Reading