News
GMC Hummer EV vs Tesla Cybertruck vs Rivian R1T: price and specs comparison
Legacy automaker General Motors recently unveiled the Hummer EV, a monster of a vehicle that will be pitted against other all-electric trucks like the Tesla Cybertruck and the Rivian R1T. The Hummer EV isn’t just another rival in the sustainable pickup truck market. The rivalry between the GMC Hummer EV, the Tesla Cybertruck, and the Rivian R1T also represents the battle between legacy automakers and new kinds of auto manufacturers.
Price
GM seems to have gone a different route when deciding the Hummer EV’s price. GM plans to release four variants of the all-electric “supertruck:” the EV2, EV2X, EV3X, and the limited Hummer EV Edition 1. The base model’s starting price is $79,995 with a reservation fee of $100.
Each subsequent model’s price is raised by about $10,000, except the limited edition Hummer Edition 1. For example, the Hummer EV2X costs $89,995 and the EV3X costs $99,995. The Hummer EV Edition 1, on the other hand, starts at $112,595.
Tesla and Rivian’s EV pickup trucks are priced significantly less than the GM Hummer EV. The Rivian R1T starts at $69,000, though speculations suggest that the production truck will be more affordable. But even at its original price, the R1T is $10,000 less than GM’s cheapest all-electric pickup truck. Rivian’s R1T has a reservation fee of $1000.
When it comes to pricing, however, Tesla’s Cybertruck takes the cake with a starting price of $39,990 for its single motor RWD variant. Tesla set a reservation fee of $100 for the Cybertruck. Tesla seemed to go the opposite direction as the other two automakers and set the price for its top-tier Cybertruck at $69,900. This makes the top-tier Cybertruck Tri-Motor AWD more affordable than the GMC Hummer EV’s base variant.
Price may not be the main factor that sways potential customers from one EV pickup to another. GMC, Tesla, and Rivian have packed their EV trucks with the best specs and features possible. In the end, these specs and features may be the deciding factor for buyers.
-
-
- The Rivian R1T promises to bring electrification to the luxury adventure industry. (Credit: Rivian)
-
- Tesla Cybertruck futuristic aero wheel makes debut in Los Angeles unveiling event on Nov. 21, 2019 (Photo: Teslarati)
-
- (Credit: GMC)
Range and Performance
When it comes to range and performance in the EV market, Tesla sets the bar high. Tesla’s in-depth knowledge in battery technology has given it a serious edge against the competition, most notably legacy automakers like GM.
For the purposes of this comparison, Teslarati will be looking at top-tier variant of each EV pickup truck. In GM’s case, the Hummer EV Edition 1 has a tri-motor setup with an estimated 350+ miles of range. According to the OEM, the Hummer EV can run 0-60 mph in approximately 3 seconds.
Rivian’s R1T pickups beat the Hummer EV’s range, reaching up to 400+ miles on a single charge. In terms of performance, the R1T matches GM’s Hummer EV with the ability to run 0-60 mph in 3 seconds.
The Cybertruck will be Tesla’s first entry into the pickup truck market, but the company certainly didn’t hold back when it came to range and performance. The tri-motor Cybertruck is expected to have an EPA-estimated range of 500+ miles and can run 0-60 mph in about 2.9 seconds.
Unique Features
When it comes to novel features, GMC has some tricks up its sleeve. After all, the legacy automaker has been in the pickup truck market for decades and has enough experience to understand what Hummer customers want. When Rivian revealed the R1T, it seemed to understand the pickup truck market’s customer base well, too.
When it comes to vehicles, utility is a top priority, most especially for pickup truck buyers. Rivian understood that useful features mattered and included features like a cleaver gear tunnel and “Tank Turn.” Both features were specifically included in the Rivian R1T with the pickup customer in mind.
The GMC Hummer EV also has some features specifically tailored for pickup owners. During its unveiling, GM introduced the Hummer EV’s CrabWalk feature which allows the vehicle to navigate tricky terrain. The legacy automaker also included adaptive air suspension.
-
-
- (Credit: Tesla)
-
- (Credit: Rivian)
-
- (Credit: GMC)
Tesla’s focus has always been on sustainability, but it still managed to include some unique features in the Cybertruck. The adaptive air suspension GM announced for the Hummer EV was also seen in the Cybertruck during its unveiling.
The bed of the Cybertruck includes 110v/220v outlets, which impressed many pickup truck owners who use power tools for work or recreation. Tesla’s pickup truck also has Camp Mode, which allows passengers to sleep in their vehicles comfortably without draining the batteries.
Camp Mode is not unique to the Tesla Cybertruck. The feature is available in all Tesla vehicles. But it’s one of many features that neither GM nor Rivian has announced for their pickup trucks. Camp Mode will not be the only quirky Tesla feature that will make it to the Cybertruck, too. There are also features like Dog Mode and the multiple entertainment features available in Tesla vehicles like Caraoke.
Conclusion
Tesla and Rivian, especially the former, have forged their own path in the auto industry. Both car companies have committed to manufacturing sustainable vehicles with great performance and look good doing it.
In comparison, General Motors Truck Co. has been one of the leading car manufacturers in the world for decades and has created some of the toughest pickup trucks ever made. So it’s no surprise everyone wondered what GMC would bring to the table when it announced the Hummer EV.
Given each automaker’s competencies, the battle between the GM Hummer EV, Tesla Cybertruck, and Rivian R1T could decide the future of the electric pickup market. Nevertheless, the presence of the three all-electric trucks in the market today bodes well for the shift to sustainability as a whole. Every GMC Hummer EV sold is one less ICE truck on the road, after all.
Watch an in-depth look at the GMC Hummer EV in the video below.
-
In a new note to investors on Tuesday, Morgan Stanley analyst Andrew Percoco said that Tesla has one big financial question to answer for investors regarding its Robotaxi rollout, Full Self-Driving software, and Optimus.
Percoco said in the note that, for the most part, investors are still very positive about the direction the company is headed. However, there are some things the firm would like to see, and they have to do with financials.
Tesla (TSLA) Q2 2026 earnings results: miss on EPS, beat on revenue
Tesla bulls are more than convinced that the company’s Full Self-Driving software is proof it can develop physical AI. Financially, however, there are still some questions, especially on elevated spending, which CEO Elon Musk said would occur as the company works to roll out Robotaxi faster and continue developing its Optimus robot.
The latter two are where Tesla will have to prove progress to investors, as Percoco writes that both projects “will require clearer evidence that Robotaxi is scaling and more tangible Optimus proof points to support the ROI on elevated capex.”
Percoco said the second quarter earnings call did not change his long-term thesis of where Tesla is positioned in the AI race, which is out in front. However, there are concerns that weaker gross margins and higher R&D spend will stress financials, and that has “sharpened our (and investors’) focus on measurable progress across Robotaxi and Optimus.”
Additionally, Robotaxi still needs to be proven with more operation in existing cities while maintaining safety but improving how many rides it gives in any given time, he said. For Optimus, Percoco wrote that he is “still looking for evidence beyond commentary around SOP.”
Morgan Stanley put Percoco in charge of covering Tesla after long-time analyst Adam Jonas transitioned to the automotive side.
Currently, Morgan Stanley has a $415 price target on Tesla and a ‘Hold’ rating on the stock. It is trading at around $330 at the time of publication, which was 2:30 P.M. on the East Coast.
SpaceX’s massive investment in AI will make it a big winner, Argus Research said after the company’s successful earnings call last week.
The firm also upgraded shares to a Buy from Hold and set a $160 price target.
SpaceX (NASDAQ: SPCX) is currently recovering from its heavy AI infrastructure investments, as it spent nearly $16 billion in Q2 alone. The company did this primarily by monetizing high-demand GPU compute capacity at a much faster pace than traditional data center economics would suggest.
Company CFO Bret Johnsen said that SpaceX would be able to pay back anything on new deployments within a year.
There are plenty of ways the company can do this:
Leasing excess compute capacity through contracts
SpaceX has already built Colossus and Colossus II, largely for its own model training. However, much of that capacity is already rented out to third parties. It already has major deals with Anthropic, Google, and Reflection AI. These partnerships are adding billions per month to SpaceX’s spreadsheet.
High utilization driven by industry-wide scarcity
The demand for advanced AI training and inference capacity continues to exceed what is available for use. SpaceX can fill new racks quickly after they come online, so the capital deployed converts into revenue with minimal idle time.
Additionally, management and outside observers have described the new compute capital as behaving more like a cost-of-goods-sold than traditional multi-year capex, especially because of this rapid monetization pattern.
Capacity has already scaled from ~0.4 GW a year to 1.4 GW annually by the end of Q2. There are targets of more than 2 GW by year-end.
High incremental margins on the rental business once capacity is online
GPU cloud providers often operate at strong gross margins. SpaceX can monetize capacity that was already partially built or can be added efficiently. This means that incremental EBITDA margins on the rental revenue are usually high. This accelerates cash recovery relative to the gross capital outlay.
Parallel monetization of its own AI software and applications
Beyond pure infrastructure rental, SpaceX also generates revenue from Grok through subscriptions and usage, from X through ads, data, and other related services, enterprise APIs, and the planned integration of the Cursor coding tools acquisition.
These application layers ride on the same compute infrastructure and provide additional high-margin streams that could offset build-out costs. AI-segment revenue overall rose sharply to about $2.6 billion in Q2, according to Motley Fool. This was driven primarily by the infrastructure contracts, but the software side is also partially responsible.
Efficient, large-scale deployment and vertical integration advantages
SpaceX has emphasized the rapid construction of power and cooling infrastructure and favorable cost-per-megawatt economics relative to industry benchmarks in some disclosures.
Combined with its ability to scale capacity aggressively and the fact that many contracts start generating revenue within months of capacity coming online, the effective payback compresses dramatically compared with more conventional multi-year data-center projects.
SpaceX’s dominant near-term recovery path will turn the AI clusters into a hyperscale-style compute rental business for other leading AI companies while still using a portion for internal models.
Tesla headlights have caused a recall of over 20,000 of the company’s two most popular vehicles, the Model 3 and Model Y, due to the low-beam bulb exceeding the maximum allowed intensity according to federal standards.
Tesla initiated the recall with the National Highway Traffic Safety Administration (NHTSA) this morning, stating that the low-beam output “exceeds the maximum allowed intensity in the outer upper-right and outer upper-left areas of the 10U and 90U zone, as prescribed in FMVSS No. 108.”
Tesla sourced the impacted headlights from Marelli Automotive Lighting, a Mexico-based company. The recall impacts 2020-2023 Model Y vehicles and 2017-2023 Model 3 vehicles. It is estimated that every VIN in this recall is impacted by the defect.
🚨 Tesla is recalling 20,349 2020-23 Model Y vehicles and 2017-23 Model 3 vehicles due to an excessively bright headlamp low beam.
Currently, there is no remedy plan in place, as it is still being developed. pic.twitter.com/y34cIO2U0B
— TESLARATI (@Teslarati) August 11, 2026
Typically, Tesla would remedy recalls of this nature through an Over-the-Air software update, which has been a major focus of criticism by the company and its supporters because the NHTSA still refers to it as a “recall,” even though it requires no action by the vehicle owner. The fix is shipped over the internet and downloaded to the car.
However, there appears to be a potentially different solution for this problem. Tesla has not developed a remedy for this issue, so it could potentially be on the way. The big issue appears to be the fact that these recalled lamps are out of production, and this is an old body style for both vehicles. The headlights and front-end designs are completely different.
Tesla switched to another supplier when the affected headlight design was discontinued. It plans to begin notifying owners of their remedy options by September 15.
Tesla filed a petition protesting the recall to fix the vehicles’ headlight issue, but the NHTSA denied it. Now, Tesla will come up with a solution to fix it.
Tesla has one big financial question to answer for investors: Morgan Stanley
SpaceX AI investment gamble will make it a big winner, firm says
