News
Ford F-150 Lightning, Rivian R1T, Hyundai Ioniq 5 land on AutoTrader’s ‘Best New Cars for 2022’
Three of the electric automotive sector’s newest additions have landed on AutoTrader’s list of “Best New Cars for 2022.” The Ford F-150 Lightning and Rivian R1T, two of the EV sector’s freshest pickups, along with the Hyundai Ioniq 5 SUV, landed on the list, which featured the twelve best vehicles based on a team of experts “who collectively tested and ranked new models using a range of criteria.”
AutoTrader said in its release of the list that with so many great and competitive options on the market today, car buying is more confusing than ever. As the industry is beginning to shift toward a more pivotal role for electric cars, the list hand selects the twelve most competitive choices based on over 300 options.
“While electric vehicles, driver-assist technology, and fun, efficient, affordable gasoline-powered cars aren’t necessarily new things for car shoppers, the sheer amount of choices drivers now have really stands out as new for 2022,” Executive Editor for Autotrader Brian Moody said. “Automakers are building a wider variety of vehicle types with each passing year. A great example is electric vehicles – now there are many good all-electric cars in a variety of prices, shapes and sizes. In fact, one-third of our Best New Cars list this year is made up of electric vehicles, and two of those are trucks.”
Ford F-150 Lightning

(Credit: Ford Motor Company)
Perhaps the most anticipated EV release of this year will be the Ford F-150 Lightning. As the electric pickup sector begins to heat up with recent releases from GMC and Rivian, Ford, the undisputed leader of the American pickup truck sector, will have its say in what the best electric truck will be later this year. Deliveries are slotted for Spring 2022, and Ford opened the Order Bank for customers to finalize their trim packages in January. AutoTrader says:
“Combining the popularity of the F-150 pickup with the capability off an all-electric vehicle creates a real winner. With Ford’s Intelligent Backup Power, over-the-air software updates, and 11 power outlets available, this version of the F-150 is the perfect tool for both consumers and contractors. Bonus points for the large ‘Frunk.’”
Rivian R1T

(Credit: Rivian)
Rivian’s initial vehicle, the R1T pickup, technically started deliveries last year. However, 2022 is where the truck will really make its mark as the young and scrappy Rivian begins to ramp production of the R1T at its plant in Normal, Illinois. Rivian is backed by Amazon, which means their cash flow is basically limitless and they have backing from several other notable companies. The R1T is really the perfect outdoor truck as Rivian’s whole goal was to cater to those who love to adventure. AutoTrader says:
“Pickups and SUVs have been a sort of blind spot when it comes to electric vehicles, as their size and weight (and often the demands placed on trucks) make them poor candidates for all-electric power. But now, Rivian has opened that door. Like Tesla, Rivian isn’t a long-standing legacy automaker, yet it has created a very compelling electric vehicle that looks good and performs well. The Rivian R1T isn’t a concept or plan or a “someday” electric truck – it is here now making its way into consumers’ hands, and it is very good.”
Hyundai Ioniq 5

Credit: Hyundai
Hyundai is not necessarily too discussed in the EV sector, but the Ioniq 5 is certainly a vehicle worth talking about. The company has plenty of plans to expand its electrification footprint across the world. In 2028, Hyundai plans to have at least six new electric vehicles on the market in India. However, the company has discussed hydrogen technology as a possible route on several occasions, a move that many pure-EV enthusiasts will challenge on any occasion. AutoTrader says:
“Electric vehicles have matured beyond just traditional gasoline cars fitted for electric powertrains later in life. Now, cars like the Hyundai Ioniq 5 are purpose-built EVs designed to be electric from the very beginning. This matters because when you eliminate the need for a large gas tank and delete a huge chunk of metal from between the two front wheels, the designer is freer to make dramatically different choices in terms of the car’s overall look, interior space and technology. And our editors like the way the Ioniq 5 looks.”
The full list is available here.
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Elon Musk
Elon Musk sheds two new bits of detail on Starship after 13th test launch
Elon Musk shed two new bits of detail on Starship following its 13th test launch, which was an overwhelming success.
SpaceX launched Starship for the 13th time last Friday after two delays: one on Monday when several Raptor engines did not ignite, and another on Thursday due to unfavorable weather conditions in Starbase, Texas.
The launch was overwhelmingly successful. SpaceX was able to complete a necessary test of the heat shield tiles by increasing the acceleration of Starship from launch throughout the flight; 20 Starlink v3 satellites were released with no issue; the Super Heavy Booster landed safely in the Gulf of America, Ship successfully reignited engines while in space; and it also splashed down without incident in the Indian Ocean.
SpaceX Starship just nailed something it’s never done before
Nevertheless, more details are coming out about Starship, and Musk is doing the talking.
Starship Will Be Retrieved in the Ocean
Musk revealed on Tuesday night that Starship would be recovered by a ship in the Indian Ocean. SpaceX routinely tries to recover Starship after splashdown in an effort to find out more about the flight by examining the spacecraft afterward.
We’re sending a ship out to recover Starship https://t.co/fUqUZTITO9
— Elon Musk (@elonmusk) July 28, 2026
This helps engineers find out more about why things might have happened, allows them to examine any potential damage or anomalies that might have occurred, and increases the chances of an even more successful flight next time thanks to the additional information recovered.
Ship Could Have Been Caught by Tower Arms, Musk claims
Musk has already indicated that SpaceX will plan to attempt a catch of Starship with the 14th test flight. While this would be a major accomplishment, it would be an expected next step, considering the fact that the Super Heavy Booster has already been caught by the chopsticks on numerous occasions.
The ship landing was precise, meaning that it would have been caught by the tower arms https://t.co/6nbNrRfX9P
— Elon Musk (@elonmusk) July 29, 2026
A ship catch would be a great indication of where SpaceX stands in terms of reusability and launch cadence. A successful catch with relatively no incidents would be a good sign that SpaceX is nearing a more frequent launch of Starship, but also that the reusability of the massive rocket would be something many would expect in the near future.
It is a necessity to make life multiplanetary.
Elon Musk
Elon Musk updates the SpaceX timeline for Mars
Elon Musk has updated his timeline for when humans will walk on Mars and for when ships will simply get there.
The objective of getting to Mars has been one of Musk’s biggest goals since becoming a serial entrepreneur and realizing that time on Earth is limited. Musk has said several times he hopes to die on Mars, and not by impact.
Musk now believes that people will be on Mars in “roughly 5 to 7 years.” He said that a Mars lander will get there “a few years sooner.”
People on Mars in roughly 5 to 7 years.
Mars lander a few years sooner.
— Elon Musk (@elonmusk) July 29, 2026
The response from Musk comes after NASA Administrator Jared Isaacman said that SpaceX’s biggest priority is the Moon and not Mars. Because of this, Isaacman conceded that he believes nuclear power and propulsion investments will provide “potentially the pathway with the fewest miracles required to put four people on Mars in the next 10 to 15 years.”
Of course, this is what NASA can do through taxpayer funding and nuclear investments, he added.
Musk’s grand ambitions are much more optimistic than most, and it is certainly a double-edged sword. This is not the first time timelines for Mars have been somewhat lofty, especially to those normal thinkers like you and me, not super geniuses like Musk.
In fact, the SpaceX and Tesla frontman has said on at least a dozen occasions that we could be on Mars in the coming years. Musk said 2020 would be the big year as early as 2009. In 2020, he was “highly confident” of a landing in 2026, and had even said 2024 in a best-case scenario.
The point is, the range has varied, and it’s anyone’s guess when we’ll get there. This latest adjustment to the timeline is typical of Musk, and while the Moon has seemingly taken priority over Mars, it is still worth mentioning that the ultimate goal is to make life multiplanetary, and it starts potentially with the Red Planet.
Investor's Corner
SpaceX gets an absolutely crazy price target after rough IPO
SpaceX (NASDAQ: SPCX) got an absolutely crazy price target rating from Raymond James after the company experienced a tough first few weeks following its Initial Public Offering (IPO).
Despite the tumultuous start, SpaceX has plenty of believers, and the company’s massively successful Starship launch last Friday, its 13th test flight of the massive rocket, went so smoothly that Raymond James analysts pushed its price target on the company to roughly 7 times its current trading level.
SpaceX Starship just nailed something it’s never done before
The firm officially put a “Strong Buy” rating and an $800 price target on the stock. It currently trades at around $113. Its all-time high is $225.64, reaching this trading level shortly after shares first went public.
Raymond James’ price target is tied to the firm’s confidence after Starship’s 13th test flight. Analysts at the firm said it was an incremental step that reduces engineering risks, citing the widely successful heat shield test that CEO Elon Musk recently detailed, the smooth deployment of Starlink V3 satellites, and a successful in-space engine relight.
SpaceX also managed to see Starship splash down safely in the Indian Ocean, while the Super Heavy Booster fell down to the Gulf of America with no incidents.
It is interesting to see these launches have such a tremendous impact on the stock and what investors think of it. After SpaceX initially delayed the Starship launch last week, shares fell tremendously. Most probably did not realize that the stand-down is a standard practice, especially if everything is not perfect.
The mission was initially aborted due to an issue with Raptor engines. This was resolved, and Starship launched last Friday after another delay on Thursday, which was caused by weather.
Now that analysts have seen what SpaceX launches are capable of and how impressive the feat is, firms are adjusting their price targets accordingly, making it known that they have high expectations for the space exploration company.

