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Aston Martin’s Rapide E electric car with 800V battery takes first steps in teaser video
With companies like Tesla proving that there is a very real demand for premium, high-performance electric cars, the auto industry’s veteran players are starting to embrace the EV transition. In the case of luxury automaker Aston Martin, the company has opted to start its all-electric push with a limited production run of its high-performance, Porsche Taycan-rivaling Rapide E.
Aston Martin President and Group Chief Executive Officer Andy Palmer recently took to Twitter to share a milestone in the Rapide E’s development. Palmer’s Twitter post featured a short video of a first validation prototype moving on its own for the first time with its 800-volt battery system. The Aston Martin CEO’s video was brief, but the short clip does provide an idea as to how the vehicle looks and sounds like when it’s moving.
Considering that the Rapide E in the video is a first validation prototype, it is quite understandable for the vehicle to move in a very deliberate pace. That said, it is quite interesting to hear what appears to be an audible whine from the car’s electric motors despite the Rapide E’s slow speed. It remains to be seen if the audible sounds from the EV’s motors are deliberate, but it does provide the Rapide E with a rather unique “exhaust note,” electric motors notwithstanding.
A moment of @astonmartin history. First Validation Prototype Aston Martin RapideE moves under its own power for the very first time with its breakthrough 800v battery. Great work from the development team which includes Williams Engineering. pic.twitter.com/b2mRaeCsNP
— Dr. Andy Palmer (@AndyatAuto) January 21, 2019
In the comments section of his post, the Aston Martin executive noted that the Rapide E’s 800-volt battery is a breakthrough in electric car technology, since it gives the vehicle a “significantly quicker fast charging time than any current technology.” Palmer also hinted at “another piece of Aston Martin history” being made on January 21, though the CEO noted that it would remain a “tightly-held secret” for the time being.
In a previous statement to Car and Driver, Palmer noted that the Rapide E would cater to a market that is beyond the premium segment being targeted by companies like Tesla. With a limited production run of 155 vehicles, the Rapide E is targeting customers who desire cars at the top end of the market.
“For me Tesla is a very credible competitor in the premium market, against Daimler, BMW, Audi, and the others. But they’re not in the (upper reaches of the) luxury market where we are. Most of the people who buy a Model S are buying it fully loaded. They’re not limited by their cash; they’re limited by the offer. They’re not a competitor of ours. We’re looking to those people looking for something above Tesla. That customer probably isn’t looking for Ludicrous mode. Our offer will have very credible acceleration, equal to a gasoline Aston Martin, but you’ll be able to drive the car rapidly all the way around the Nürburgring without it derating or conking out on you.”
Overall, it would be quite interesting to see how well the Aston Martin Rapide E stacks up against the competition. With vehicles like the Porsche Taycan Turbo and a possible updated Tesla Model S entering the market in the near future, the luxury carmaker’s flagship car would have to be excellent in all areas to stand out from the competition. In this sense, Aston Martin appears to have done its homework.
To help the company develop the vehicle, the luxury automaker opted to collaborate with Williams Advanced Engineering, the R&D and consultancy arm of the Williams Formula 1 team, to create the Rapide E’s electric powertrain. Aston Martin also noted that it is using an “800V battery electrical architecture with 65kWh installed capacity using over 5600 lithium ion 18650 format cylindrical cells.” The vehicle also packs serious power, with “two rear-mounted electric motors producing a combined target output of just over 610 PS and a colossal 950 Nm of torque.” In a press release last September, Aston Martin noted that the Rapide E would feature a range of over 200 miles per charge under the Worldwide Harmonised Light Vehicle Test Procedure (WLTP).
Production for the Aston Martin Rapide E is expected to begin in Q4 2019. The vehicle’s price has not been announced by the luxury automaker, though speculations suggest that the all-electric car would cost somewhere in the $200,000 to $250,000 range. Reports have hinted that all 155 units of the Rapide E have already been reserved.
Tesla CEO Elon Musk posted a photo of himself standing with the Optimus production team inside Tesla’s Fremont factory, arms crossed amid workers in hard hats and safety vests. The image captures a pivotal industrial shift: the same facility space once dedicated to building Tesla’s flagship Model S sedan and Model X SUV is now home to the company’s humanoid robot manufacturing line.
Walking the Optimus production line in Fremont pic.twitter.com/ABS0tuRibW
— Elon Musk (@elonmusk) July 1, 2026
Tesla’s Fremont Factory, acquired in 2010 from the former NUMMI joint venture between Toyota and GM, has been the company’s original U.S. manufacturing hub since Model S production began in 2012.
The Model X followed soon thereafter. These premium vehicles offered lower annual volumes, recently around 30,000 combined, compared to the high-volume Model 3 and Model Y lines that continue around the site. Over their combined run, the S and X accounted for roughly 610,000 units.
In late January 2026, during Tesla’s Q4 2025 earnings call, Elon Musk announced the end of Model S and Model X production in Q2 2026. The final vehicles rolled off the line in early May. Rather than retooling for another vehicle, Tesla chose to convert the dedicated S/X assembly area into a dedicated Optimus Gen 3 production line.
Model 3 and Y manufacturing remains unaffected. Tesla’s official Fremont Factory page now lists Optimus alongside the 3 and Y as core products.
The conversion was executed with remarkable speed. After production stopped, crews dismantled the existing vehicle line and installed entirely new modular equipment—including lines sourced from Germany and dozens of sub-lines for actuators, batteries, and other components—in roughly four months.
Musk described the timeline as “insanely fast,” noting it would be unprecedented for any other manufacturer. Initial Optimus output is expected to ramp slowly due to the robot’s roughly 10,000 unique parts and the brand-new production processes involved. The Fremont line targets an eventual capacity of 1 million Optimus units per year.
Tesla isn’t joking about building Optimus at an industrial scale: Here we go
Optimus Development Timeline
- August 19, 2021: Optimus (then called Tesla Bot) formally announced at Tesla’s first AI Day. A concept video showed a person in a suit demonstrating the vision for a general-purpose humanoid capable of dangerous, repetitive, or boring tasks using the same AI architecture as Full Self-Driving.
- 2022: Early prototypes displayed. At the second AI Day in September, semi-functional units demonstrated walking across a stage and basic arm movements
- 2023: September videos showed improved capabilities, including sorting colored blocks, precise limb awareness, and holding a Yoda pose.
- 2024-early 2025: Factory integration videos showed Optimus navigating workspaces and handling objects like battery cells.
- January 2026: Gen 3 mass-production activities began at Fremont, with reports of over 1,000 Gen 3 units already operating inside the factory for real-world learning and AI training
- April 2026: Musk confirms Optimus production on converted Fremont line would begin in late July or August 2026. The Gen 3 reveal, originally eyed for Q1, was pushed closer to production start. A second, much larger Optimus factory at Giga Texas is under construction, with volume production targeted for Summer 2027 and long-term capacity of 10 million units annually
- July 1, 2026: Musk’s on-site visit and team photo confirm the Optimus line is operational and the transition is actively progressing
Tesla positions Optimus as potentially its largest project ever, leveraging vertical integration, AI expertise, and car-like manufacturing know-how to scale humanoid robots first for its own factories and later for broader industrial and consumer use.
The Fremont conversion serves as a critical proving ground for this ambitious new chapter in Tesla’s already-rich history.
Investor's Corner
Tesla gets its latest short from Michael Burry: ‘Happy it jumped back to this level’
Tesla short seller Michael Burry, the subject of the film “The Big Short,” where he was portrayed by Steve Carell, has revealed he has opened a new bet against the stock.
In a new update to his Substack newsletter in a post titled “Trading Post June 30, 2026,” Burry revealed a new set of bets against Tesla, Caterpillar, NVIDIA, Applied Materials Inc., and the iShares Semiconductor ETF.
In regard to Tesla, Burry wrote:
“And finally I shorted Tesla at 416.22. Happy it jumped back to this level.”
This means Burry likely opened his new short position after the company’s recent rally on Wall Street, which saw Tesla shares sink in mid-May, only to recover to well over the $400 mark. Currently, shares trade at around $427.
The company saw a big Tuesday as shares climbed considerably, over 10 percent. The size of the Tesla short was not provided, nor did Burry give any information on the position’s structure, the number of shares, dollar value, or whether options were used in the short.
The Tesla and SpaceX merger everyone is talking about is quietly building
Over the years, Burry has been one of the more vocal critics of Tesla, calling its share price “media inflated,” and saying it was “ridiculously overvalued” as recently as December.
The company has largely transitioned away from being known as an automotive company and instead is much more widely regarded as an AI play, mostly due to its Full Self-Driving efforts, Optimus robot development, and data collection related to both.
This has not pulled those skeptics away from being vocal about their distaste for how Tesla is valued, but there’s no denying that the company is a global force in many things, including sustainable energy, automotive, and AI.
Wedbush Securities is initiating stock coverage on SpaceX (NASDAQ: SPCX), marking the first comments on the company since it went public several weeks ago. Wedbush and its analyst handling coverage, Dan Ives, are widely bullish on fellow Musk company Tesla (NASDAQ: TSLA).
Ives wrote his first note initiating coverage of SpaceX shares on Wednesday with a $190 price target and an ‘Outperform’ rating. The firm believes the company is well positioned off of its IPO because of its wide array of projects, including AI compute power and infrastructure, connectivity projects, and launches.
“We view SpaceX as one of the most differentiated assets within the tech market with a strong footprint across its three core markets, with Starlink driving success with connectivity,” Ives wrote, “Starship launches leading to a demand flywheel and increasing deal flow for its Colossus clusters.”
Elon Musk called it Epic: The full story of SpaceX’s Starship Flight 12
Wedbush leans heavily on Starlink, which they say is the “profitability driver given the strength of its recurring revenue base of ~12 million subscribers as of June 5th.” Ives believes Starlink is still in the “early innings” of penetrating the global telecommunications and broadband market, as it only holds less than a 1 percent share. However, this number is sure to increase over time.
It also highlights the importance of Starship, which it says is an “essential layer” of SpaceX’s overall success. SpaceX developing and displaying the ability to reuse rockets is a major cost and reliability advantage “as it reduces the necessary hardware launch costs while generating a feedback loop for future flights to improve their launch flight rate without accelerating capex spend.”
Finally, SpaceX’s recent AI/Compute projects are also very elementary, Ives writes. It is worth mentioning Wedbush said its $190 price target is derived from a valuation forecast that sees the company yielding roughly $2.48 trillion of implied enterprise value.
There are also some factors that Wedbush did not take into account with its initial coverage. The firm wrote in the note:
“We note that there is optional value coming from Starship’s accelerating scale towards sub-$200/kg unit economics, orbital data centers, and enterprise AI monetization as these factors could drive meaningful upside but these face major hurdles, so we do not take that into account with our valuation.”
SpaceX shares are down just over 2 percent today, trading at around $167 at the time of publication.
Tesla Optimus project fires up as Musk sees production line progress
Tesla gets its latest short from Michael Burry: ‘Happy it jumped back to this level’
