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Audi has announced pricing for the Q8 e-tron electric SUV in the US. The new electric vehicle starts at $74,000, which is not bad, considering it has a massive battery pack.

The German premium automaker has been rapidly expanding its lineup of electric vehicles across all segments.

In November, Audi unveiled the Q8 e-tron, its latest top-of-the-line full-size electric SUV. At the time, the automaker had only released trims and pricing for the European versions of the electric vehicle.

Today, the German automaker released details about the US versions and pricing for the 2024 Q8 e-tron.

As has been the case with previous Audi electric vehicles, only the bigger battery pack version is available:

Model Motor/Battery Drivetrain/Transmission MSRP
2024 Q8 e-tron quattro Dual asynchronous electric motors 114 kWh battery quattro® all-wheel drive Single-speed transmission $74,400
2024 Q8 Sportback S line e-tron quattro Dual asynchronous electric motors 114 kWh battery quattro® all-wheel drive Single-speed transmission $77,800

The vehicle starts at $74,400 before destination, taxes, title, other options, and dealer charges.

Speaking of that bigger battery pack, it is a massive 114 kWh battery pack. Audi has been known to use a big “energy buffer” in its pack, but it has now reduced the buffer, making the vehicle more efficient.

Audi wrote about the Q8 e-tron battery pack:

With a 23-percent greater net capacity of 106 kWh (114 kWh gross) from the previous model e-tron, the new Q8 e-tron improves on the battery pack’s usable capacity, utilizing 93 percent versus the previous 91 percent, thanks to adjustments to the battery management system. Coupled with advancements in cell technology and cell chemistry, the maximum DC charging power has also been increased from 150 kW to 170 kW, permitting recharging from 10 to 80 percent capacity in about 31 minutes. Under ideal Level-2 charging conditions, the Audi Q8 e-tron can  recharge in around 13 hours at 9.6 kW (240V/40A), or in around 6.5 hours at 19.2kW (240V/80A).

We don’t have the EPA range enabled by this new battery pack yet, but it should be significant.

The 2024 Q8 e-tron is coming to showrooms by the summer of 2023, and we should have the EPA rating closer to the launch.

Based on the WLTP ranges released in Europe, the vehicle should get an advertised range of over 300 miles in the US.

All Q8 e-tron versions are all-wheel-drive with a 300 kW dual-motor powertrain.

Electrek’s Take

This looks like a solid offering and could prove popular in the SUV-hungry North American market.

My biggest concern is the DC fast-charging rate. For a 2024 model year EV, 170 kW is a bit limited, and with the bigger battery pack, you would expect Audi to enable a bigger peak charge increase than 20 kW.

Audi has been known for not having a high peak charge rate; however, it is able to maintain its peak charge rate for longer than other EVs, still resulting in a more than decent overall charging session.

We will be testing the Q8 e-tron in the next few months ahead of its launch in the US. We will report back to you about whether or not it meets our high expectations.

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Isuzu’s first electric pickup is here and it’s a beast: Meet the new D-MAX EV

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Isuzu's first electric pickup is here and it's a beast: Meet the new D-MAX EV

A fully electric Isuzu pickup truck? That’s right. The D-MAX EV is Isuzu’s first electric pickup, and it will be rolling in the next few months. After kicking off mass production, Isuzu said the new EV pickup will “match the performance of existing diesel models,” boasting high towing capacity and payload.

Isuzu’s first electric pickup is launching in 2025

Isuzu announced on Tuesday that the D-MAX EV has officially entered mass production. The company has started building left-hand drive models, which will be shipped to Europe in the third quarter of 2025.

By the end of the year, production of right-hand drive models will begin for the UK, with sales expected to start in 2026.

The electric pickup is nearly identical to Isuzu’s popular gas-powered D-MAX, but swaps the diesel powertrain for a pair of electric motors. The D-MAX EV features new e-Axles, one on the front and the other at the rear, for a full-time 4WD system.

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The dual-motor powertrain enables it to match the performance of existing diesel models, with a combined 188 hp (140 kW) and a maximum torque of 240 lb-ft (325 Nm).

It can also tow over 7,700 lbs (3,500 kg) with a maximum payload of over 2,200 lbs (1,010 kg). That’s about the same as the D-MAX diesel, which has a 3,500 kg towing capacity and a payload capacity of up to 1,200 kg.

Powered by a 66.9 kWh battery, Isuzu’s first electric pickup boasts a driving range of up to 263 km (162 miles) on the WLTP. In the city, it can have a driving range of up to 224 miles (361 km).

Isuzu D-Max EV specs
Drive System Full-time 4×4
Battery Type Lithium-ion
Battery Capacity 66.9 kWh
Max Output 130 kW (174 hp)
Max Torque 325 Nm
Max Speed Over 130 km/h (+80 mph)
Max Payload 1,000 kg (+2,200 lbs)
Max Towing Capacity 3.5t (+7,700 lbs)
Isuzu D-Max EV electric pickup specs

Built for on and off-road performance, the rugged electric pickup features over 8″ (210 mm) of ground clearance with a wading depth of nearly 24″ (600 mm).

Although prices have not been announced, the D-MAX EV is expected to start slightly higher than the diesel model, which has a base price of around € 36,500 ($41,600).

Isuzu’s popular D-MAX is sold in over 100 countries, including Europe, Asia, the Middle East, and Central and South America. The electric version will arrive in Europe in the next few months, followed by the UK and other regions in 2026.

The electric D-MAX will compete with the Toyota Hilux, Ford Ranger, and other electric pickups, such as Geely’s Radar R6, BYD’s Shark, and Ford’s F-150 Lightning.

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Tesla insider buys stock for the first time in years and it’s hilarious

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Tesla insider buys stock for the first time in years and it's hilarious

For the first time in five years, a Tesla insider required to report Tesla stock transactions bought stocks rather than selling them.

But the transaction is so small that it makes the whole situation hilarious.

Insiders in public companies are top executives and board members who are required to report to the SEC any transaction related to the company’s stock.

For Tesla, it has become a running joke that insiders only sell, never buy the stock.

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This has been true without exception for years.

We don’t know as much about executives as Tesla has a very short top executive bench who are required to file transactions. However, when it comes to its board members, they have been selling at an impressive rate.

We recently reported on Kimball Musk, Elon’s brother, and Tesla’s Chief Financial Officer Taneja Vaibhav recently selling ahead of a recent drop in the company’s stock price.

Tesla’s chairwoman, Robyn Denholm, also sold $33 million worth of Tesla shares in February and over $100 million in the 3 months prior.

However, we now have confirmation that a Tesla board member is buying, rather than selling.

Joe Gebbia, the Airbnb co-founder who joined Tesla’s board in 2022, confirmed that he bought 4,000 shares in Tesla last week worth about $1 million:

Electrek’s Take

Gebbia is estimated to be worth over $7 billion. Therefore, his purchase of $1 million worth of Tesla stock would be equivalent to my buying a fractional share in Tesla.

Furthermore, the disclosure confirmed that despite being on the board for the last 3 years, Gebbia owned only 111 shares in Tesla before the transaction.

That’s quite the show of confidence in Tesla.

Thie whole situation with the board is disappointing. Tesla’s core business is melting. The company reported its worst quarter in years last week, and the stock surged 20%.

None of it makes any sense.

The board is sitting on its hands while the most powerful force accelerating the advent of electric transport is being destroyed in favor of nonsensical predictions about the potential of solving self-driving and humanoid robots.

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Venmo revenue grows 20%, with debit card payment volume soaring

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Venmo revenue grows 20%, with debit card payment volume soaring

Justin Sullivan | Getty Images

Venmo, long a centerpiece of PayPal‘s growth story but often criticized for its lack of monetization, is becoming a bigger contributor to the business.

PayPal said Tuesday in its first-quarter earnings release that revenue at Venmo increased 20% year-over-year in the first quarter, though the company didn’t provide a dollar figure. PayPal acquired Venmo in 2013 through the acquisition of parent company Braintree.

While it’s long been a popular consumer service for sending money to friends, Venmo’s ability to drive meaningful revenue has been a major question mark for investors, especially as competition from rivals like Zelle and Square Cash has intensified.

Venmo’s total payment volume rose 10% from a year earlier, but revenue grew twice as fast, reflecting the business opportunity. Venmo only gets revenue from specific products like Pay with Venmo at online checkout, Venmo debit cards, and instant transfers, but not from peer-to-peer payments.

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Ahead of the earnings report, Jefferies analysts noted that Venmo revenue growth appeared to be “accelerating sharply” and flagged its rising contribution to branded checkout as a key area to watch. Compass Point analysts similarly said that while competition from Zelle and Square Cash remains fierce, Venmo’s traction with debit cards and online checkout could “open up new monetization avenues” if adoption trends continue.

The company added nearly 2 million first-time PayPal and Venmo debit card users during the quarter, and total debit card payment volume across PayPal and Venmo climbed more than 60%. Meanwhile, Pay with Venmo transaction volume surged 50% year over year, and Venmo debit card monthly active users grew about 40%.

PayPal reported better-than-expected earnings for the quarter but missed on revenue. The company reaffirmed its full-year guidance, citing macroeconomic uncertainty.

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PayPal CEO Alex Chriss: Huge opportunity to deliver to consumers and help small business

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