News
Mercedes-Benz EQC shows off its cornering prowess in Nurburgring track tests
German automaker Mercedes-Benz seems to be ensuring that its first all-electric vehicle, the EQC, will be an SUV that can deliver some serious performance. The vehicle might have raised some eyebrows immediately following its launch due to questions about its range and efficiency, but if a video of the SUV taking on the Nürburgring Nordschleife is any indication, it appears that Mercedes-Benz’s luxury EV can be a pretty fun car to drive.
A video of the SUV doing continuous testing was captured by YouTube auto enthusiast Automotive Mike. In the clip, the EQC could be seen hugging the track pretty well. The vehicle’s quick acceleration thanks to the instant torque of its two electric motors was quite evident too. For an SUV that’s large and almost bulky compared to competitors like the Jaguar I-PACE and the Tesla Model X, the Mercedes-Benz EQC seems to be surprisingly nimble.
If there was anything that could be noticed from the video of its Nürburgring runs, though, the EQC appears to exhibit a notable amount of body roll, particularly when cornering at high speeds. While this might allude to the EQC having softly-tuned suspension, such a setup nevertheless points to the all-electric SUV offering its passengers a comfortable ride.
Mercedes-Benz unveiled the EQC early in September, with Daimler AG Chief Executive Officer Dieter Zetsche boldly declaring in front of an audience at Stockholm, Sweden, that the EQC symbolizes the company’s commitment to the electrification of the transport industry. The Daimler CEO even noted that there simply is “no alternative to betting on electric cars.”
The Mercedes-Benz EQC looks and feels like a traditional vehicle from the veteran luxury carmaker, being plush with luxurious accents and designed with understated lines and an aggressive stance. The specs of the car are quite decent, with two electric motors that produce 402 hp and 564 lb-ft of torque. Despite its size and bulk, the EQC is capable of accelerating from 0-60 mph in 4.9 seconds and reaching a top speed of 112 mph. The EQC also has a towing capability of 3,968 lbs.
Inasmuch as the performance specs of the vehicle are impressive, though, the EQC’s battery and range were met with some raised eyebrows from the auto community, after initial press materials quoted the vehicle’s range from its 80 kWh battery pack at just ~200 miles. Mercedes-Benz later corrected the information, stating that the EQC actually has a range of 279 miles per charge.
When the vehicle was announced, Mercedes-Benz announced that it is expecting to start the production of the EQC sometime in 2020. In a later report, though, the legacy carmaker stepped back from its estimates, stating that it was adopting a gradual rollout for the vehicle instead. Speaking to Europe Auto News, Mercedes-Benz head of production and supply chain management Markus Schaefer noted that the vehicle’s more deliberate rollout was due to the company’s concerns about the new technologies in the EQC, particularly in its battery.
“We want to be sure we deliver Mercedes quality from day one in all aspects, and we have to watch the warranty side for customers as well. We don’t want customers ending up at the mechanic later. Slowing down the ramp-up is a tool to make sure we do it right, to address all the unknowns that an electric car brings,” he said.
While electric car enthusiasts who wish to acquire the Mercedes-Benz EQC might end up waiting a little longer for the vehicle, Schaefer nonetheless stated that the company is confident it can ramp the production of the all-electric SUV quickly. The veteran carmaker plans to manufacture the EQC at its facilities in Bremen, Germany, and Beijing, China, on the same line as the company’s gas-powered SUVs such as the Mercedes-Benz GLC.
Watch the Mercedes-Benz EQC take on the Nürburgring Nordschleife in the video below.
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.
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.
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.
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.
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.
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.
NEWS: Tesla is ending the option to buy FSD as a one-time outright purchase in Australia on March 31, 2026.
It still ends on Feb 14th in North America. https://t.co/qZBOztExVT pic.twitter.com/wmKRZPTf3r
— Sawyer Merritt (@SawyerMerritt) February 13, 2026
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.
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.
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.
Elon Musk
Starlink terminals smuggled into Iran amid protest crackdown: report
Roughly 6,000 units were delivered following January’s unrest.
The United States quietly moved thousands of Starlink terminals into Iran after authorities imposed internet shutdowns as part of its crackdown on protests, as per information shared by U.S. officials to The Wall Street Journal.
Roughly 6,000 units were delivered following January’s unrest, marking the first known instance of Washington directly supplying the satellite systems inside the country.
Iran’s government significantly restricted online access as demonstrations spread across the country earlier this year. In response, the U.S. purchased nearly 7,000 Starlink terminals in recent months, with most acquisitions occurring in January. Officials stated that funding was reallocated from other internet access initiatives to support the satellite deployment.
President Donald Trump was aware of the effort, though it remains unclear whether he personally authorized it. The White House has not issued a comment about the matter publicly.
Possession of a Starlink terminal is illegal under Iranian law and can result in significant prison time. Despite this, the WSJ estimated that tens of thousands of residents still rely on the satellite service to bypass state controls. Authorities have reportedly conducted inspections of private homes and rooftops to locate unauthorized equipment.
Earlier this year, Trump and Elon Musk discussed maintaining Starlink access for Iranians during the unrest. Tehran has repeatedly accused Washington of encouraging dissent, though U.S. officials have mostly denied the allegations.
The decision to prioritize Starlink sparked internal debate within U.S. agencies. Some officials argued that shifting resources away from Virtual Private Networks (VPNs) could weaken broader internet access efforts. VPNs had previously played a major role in keeping Iranians connected during earlier protest waves, though VPNs are not effective when the actual internet gets cut.
According to State Department figures, about 30 million Iranians used U.S.-funded VPN services during demonstrations in 2022. During a near-total blackout in June 2025, roughly one-fifth of users were still able to access limited connectivity through VPN tools.
Critics have argued that satellite access without VPN protection may expose users to geolocation risks. After funds were redirected to acquire Starlink equipment, support reportedly lapsed for two of five VPN providers operating in Iran.
A State Department official has stated that the U.S. continues to back multiple technologies, including VPNs alongside Starlink, to sustain people’s internet access amidst the government’s shutdowns.
Musk bankers looking to trim xAI debt after SpaceX merger: report
SpaceX launches Crew-12 on Falcon 9, lands first booster at new LZ-40 pad
