RAM has promised big things for its upcoming electric pickup truck, the RAM 1500 REV, though specifications have yet to be released.
Superior range, payload, towing, and charge time; that was the message from RAM when it revealed the name of its first production electric truck, the RAM 1500 REV. This message was echoed in RAM’s Super Bowl commercial that poked fun at “Premature Electrification” (PE) concerns. But without releasing the specifications of its upcoming truck, it remains unclear if the historic American truck can achieve its new herculean task.
RAM has yet to release any information about the RAM 1500 REV, other than its design and release date of “late 2024,” shown in its first-ever Super Bowl commercial. However, looking at the current competition, you can get a good idea of what specs RAM is aiming for.
One of the most critical factors a consumer will look at when buying an EV is the vehicle’s range, so it is no wonder RAM is promising to lead in the category. To achieve this and upset the current range leader in electric pickups, the Rivian R1T, the RAM 1500 REV would need to be able to go more than 328 miles on a single charge; no small task for Stellantis’ first EV in the United States.
Second, if the REV is going to have a superior payload, it will need to put up numbers almost equal to the current gas variant RAM. The Ford F150 Lightning leads electric trucks, having a payload of 2,235 pounds, while the gas-powered RAM 1500 has capacity for only 100 pounds more.
Towing, a massive challenge for any electric truck, could be a particularly difficult challenge for Stellantis engineers if their truck is to be a leader in the segment. While the Ford and Rivian trucks have towing capacities of 10,000 and 11,000 pounds, neither has been able to do so while towing for any considerable distance, a concern that is even addressed in RAM’s own Super Bowl ad. From the testing done by various sources on both the Lightning and the R1T, anything more than 100-120 miles of range while towing could make the 1500 REV a leader in its class.
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As if these three tasks weren’t enough, RAM is promising to be a new leader in charge time, a crown that will certainly need to be battled for thanks to Ford’s impressive 30-40 minute 10-80% charge time.
This leads us to the question; are these achievements remotely possible? There are a couple of reasons to believe they are.
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- Credit: RAM Trucks
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- Credit: RAM Trucks
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- Credit: RAM Trucks
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- Credit: RAM Trucks
First, suppose RAM can build its first EV on an 800/900-volt architecture. In that case, the drivetrain’s efficiency and charging time could improve dramatically, allowing the 1500 REV to hit many of the targets listed above. This is especially the case compared to the 400-volt architecture used within the current electric trucks on the market.
Second, if RAM can source higher efficiency motors, it may be able to circumvent issues of range, though it may face problems regarding power to move over 11,000 pounds when towing.
Third and potentially the most likely, RAM could opt to fit a gargantuan battery into its first electric truck. With a massive battery pack of over 150 kWh, the 1500 REV would benefit from increased range and increased power thanks to the battery’s ability to meet higher power needs. Though, with such a massive pack, the RAM 1500 REV would suffer in the weight department, potentially decreasing its payload and towing capabilities.
Whether RAM achieves its design goals or not, the added competition in the electric vehicle market is always welcome. Though RAM isn’t introducing its first EV as quickly as many would have hoped, with such high goals, it may be worth waiting for. Though with competition on the horizon, Stellantis will need to work quickly if it hopes not to be left behind.
What do you think of the article? Do you have any comments, questions, or concerns? Shoot me an email at william@teslarati.com. You can also reach me on Twitter @WilliamWritin. If you have news tips, email us at tips@teslarati.com!
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Elon Musk
The Boring Company’s newest tunnel vehicle runs on Tesla parts and no one is driving it
The Boring Company’s new tunnel vehicle runs on Tesla Model 3 batteries and drive units.
The Boring Company just introduced a new piece of hardware, and it runs on parts pulled straight from a Tesla showroom. Liner Truck 3, unveiled in a post from the tunneling company’s official X account, is an all electric vehicle built around Tesla Model 3 battery packs and drive units, purpose built to move concrete tunnel segments to the boring machine face without a single person underground.
Introducing Liner Truck 3 — our latest fully electric tunnel vehicle.
– Tesla Model 3 battery and drive units
– Transports 22,000+ lb of concrete segments to the boring machine
– 28 miles of range
– 12 mph max operating speed
– Remotely piloted from Global OCC in Texas, with… pic.twitter.com/XB7FgSXnpy— The Boring Company (@boringcompany) August 7, 2026
The job itself is unglamorous but critical. Each precast segment run weighs more than 22,000 pounds, roughly the load of a full cement mixer, and Liner Truck 3 hauls that weight repeatedly between the surface staging area and wherever the Prufrock machine happens to be cutting.
The Boring Company said Liner Truck 3 is piloted remotely out of its Global Operations Control Center in Texas, extending the Zero-People-In-Tunnel approach the company has spent years building toward. An earlier version of a ZPIT liner truck was already tested at the company’s Bastrop, Texas research tunnels, and a factory tour released last month showed an employee flying a fully loaded liner truck with a PlayStation controller. Liner Truck 3 looks like the production version of that same idea, cleaned up and pushed into daily use.
The timing lines up with a company digging in more places than it ever has before. The Boring Company now has multiple Prufrock machines active or arriving in Nashville, where Music City Loop construction has been accelerating since February, and its Vegas Loop network keeps adding tunnel mileage on a near monthly basis. Every one of those projects depends on getting concrete segments to the cutting face fast enough to keep the boring machine from idling, which is exactly the bottleneck Liner Truck 3 is designed to remove.
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It also reinforces something Tesla owners have watched happen gradually across Musk’s companies: passenger car hardware finding a second life in heavy equipment. Model 3 drive units already move people through the Vegas Loop, and now the same components are hauling concrete underground in Nashville and wherever The Boring Company digs next. Whether that kind of component reuse extends further into TBC’s equipment lineup, or into other Musk owned industrial hardware, is the next thing worth watching.
SpaceX stock did the opposite of what most of Wall Street expected this week, when the day designed to be its most dangerous turned into a rally, and the rally kept going.
Thursday marked the first major lockup expiration since SpaceX’s June IPO, making roughly 911.5 million insider held shares eligible to trade for the first time, more than doubling the company’s public float. Analysts and short sellers had spent weeks bracing for a flood of selling, especially after the stock fell 13 percent following its first earnings report as a public company on Tuesday. Instead, shares rose 6.1 percent Thursday to close at $114.92, and by Friday they were trading near $129, up more than another 12 percent on the day.
SpaceX shorts get warned by Musk ally, echoing Tesla’s early struggles
The setup made the outcome notable. Short interest had climbed to roughly 34 percent of the float heading into earnings, among the highest of any large cap stock, with about 95 percent of available shares to borrow already on loan. CEO Elon Musk warned short sellers twice in the weeks before the lockup, writing on X that “the survival probability of firms who maintain a significant short position in SpaceX over time is very low,” then following up on the morning of earnings with “I try to warn them, but they just double down.”
When the newly unlocked shares hit the market and the selloff never showed up, some of that short position appears to have started unwinding. TipRanks reported that options activity shifted toward bullish strategies like put selling and risk reversals following the rally, with roughly $600 million in options premium trading Thursday alone. Retail buyers also stepped in during the earnings dip, according to Vanda Research.
The fundamentals behind the stock have not changed much in a week. SpaceX’s revenue nearly doubled year over year to $7.8 billion, with Starlink subscribers doubling to 12 million and the company’s AI segment growing 247 percent. What spooked investors on Tuesday was the spending side. Capital expenditures jumped to more than $18 billion for the quarter, up from $2.8 billion a year earlier, with AI investment alone rising from $749 million to $15.8 billion. Wall Street remains split on whether that spending is building infrastructure SpaceX needs or outrunning what the business can currently support, a debate Teslarati has tracked since shares first came under pressure.
None of that resolves the bigger question hanging over the stock. Thursday’s release was only the first of nine staggered lockup tranches, with roughly $800 billion worth of additional shares scheduled to become eligible through October, and Musk’s own stake stays locked until next June. If this week is any indication, the market is treating that supply as something it can absorb rather than something to fear, at least for now.
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News
The Boring Company’s newest Vegas Station has a permit quietly waiting behind it
Sahara Las Vegas opened a new Vegas Loop station, joining an exclusive two resort transit club.
Sahara Las Vegas opened a new Vegas Loop station Thursday, giving The Boring Company’s underground transit system its northernmost stop yet on the Strip. The station sits at Sahara’s Paradise Road entrance, on the southeast corner of Las Vegas Boulevard and Sahara Avenue, and connects riders to the Las Vegas Convention Center, other Strip resorts on the network and, eventually, Harry Reid International Airport.
The addition makes Sahara the second resort, after Fontainebleau opened its own station in January, to get a stop built at street level rather than tucked into the property itself. Sahara now joins Westgate as the only two Strip resorts offering both a Vegas Loop station and a stop on the Las Vegas Monorail, giving guests two separate ways to get around without leaving the property.
The Boring Company just doubled its tunneling power in Nashville
The bigger news buried in Thursday’s announcement is what comes next. Boring Company has already secured its first permit to tunnel north of Sahara Avenue, extending the network beyond where it currently ends, even though permits to push the Loop toward downtown Las Vegas still haven’t been granted. Crews are also working on a two mile dual tunnel line running from Westgate to a planned station at 4744 Paradise Road, just north of Tropicana Avenue, that Las Vegas Convention and Visitors Authority CEO Steve Hill has said the company hopes to open in time for November’s Las Vegas Grand Prix.
Ridership has grown alongside the buildout. The Loop moved roughly 82,000 passengers during CONEXPO in early March, a total the company highlighted on its own X account at the time, and the system has now carried more than 4 million passengers through 11 open stations since it began running in 2021. The airport connector tunnels, meant to give the Loop a direct link to Harry Reid, have slipped past their original first quarter target and remain under construction, with Boring Company director Mike Baier saying that a full opening is still a few months out.
For Sahara, the calculation is straightforward. Convention traffic drives a large share of Loop ridership, and a station at the property’s front door gives conventiongoers one more reason to book rooms on the Strip’s north end instead of closer to the convention center itself.
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The Boring Company’s newest tunnel vehicle runs on Tesla parts and no one is driving it
Elon Musk and SpaceX shrugs off the trading day Wall Street feared most
