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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.
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- The Rivian R1T promises to bring electrification to the luxury adventure industry. (Credit: Rivian)
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- Tesla Cybertruck futuristic aero wheel makes debut in Los Angeles unveiling event on Nov. 21, 2019 (Photo: Teslarati)
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- (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.
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- (Credit: Tesla)
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- (Credit: Rivian)
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- (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.
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’
