News
Rivian set for New York Auto Show debut in April, invites buyers to private event
Rivian, the US-based electric vehicle startup making waves with its up-and-coming R1T pickup truck and R1S SUV, has announced its scheduled appearance at this year’s New York International Auto Show. The event will take place at the Jacob Javits Convention Center throughout the week of April 19th-28th, during which time attendees will be able to get an in-person view of the vehicles looking to provide all-electric outdoor adventures. If the company’s booth display is anything like its 2018 LA Auto Show debut, their sophisticated, luxury adventure vehicles will be eye candy for passers-by, especially for those in the outdoor lifestyle niche that Rivian hopes to convert into buyers.
Ahead of next year’s first production, R1T and R1S reservation holders are being offered certain perks to bide their time. An exclusive invitation went out to Rivian’s “preorder community” for private viewing and celebration prior to the NY Auto Show. Along with cocktails and hors d’oeuvres, reservation holders were promised a greeting by the company’s CEO and founder, RJ Scaringe, as well as other designers and engineers involved directly with their R1T and R1S vehicles.
The Rivian R1T truck and R1S SUV are anticipated to have a range of up to 400 miles per charge with a quad-motor design enabling 0-60 acceleration in under 3 seconds. Of course, these specs will probably come with the higher-end variants of the vehicles, but the company’s understanding and commitment to the outdoor adventure crowd is laudable. Competing with small, portable gas containers that can be carried along on any sort of middle-of-nowhere journey means some serious innovation is in order. A recent Rivian patent for an auxiliary battery, i.e., “digital jerry can”, seems to have taken this very thing into account.
In 2017, New York governor Andrew Cuomo made a guest appearance at that year’s NY Auto Show in a show of support for EV vehicles. The state was offering $55 million in rebates for new alternative energy vehicle buyers as well as investing $15 million to raise public awareness about EVs. Although Cuomo arrived at the event in the ICE-powered Dodge Challenger Demon, the message was apparently still received well enough.
Rivian’s reservation holders are likely looking at a $69,000 base price to secure the purchase of their electric truck, $72,500 for their SUV, all before incentives, and vehicle production is expected to begin in 2020 at Rivian’s factory located in Normal, Illinois. As per Tesla’s business model, the higher-end variants of the company’s trucks will come first, the lower end following about a year later. Pre-orders are still open on Rivian’s official website.
Elon Musk
Brazil Supreme Court orders Elon Musk and X investigation closed
The decision was issued by Supreme Court Justice Alexandre de Moraes following a recommendation from Brazil’s Prosecutor-General Paulo Gonet.
Brazil’s Supreme Federal Court has ordered the closure of an investigation involving Elon Musk and social media platform X. The inquiry had been pending for about two years and examined whether the platform was used to coordinate attacks against members of the judiciary.
The decision was issued by Supreme Court Justice Alexandre de Moraes following a recommendation from Brazil’s Prosecutor-General Paulo Gonet.
According to a report from Agencia Brasil, the investigation conducted by the Federal Police did not find evidence that X deliberately attempted to attack the judiciary or circumvent court orders.
Prosecutor-General Paulo Gonet concluded that the irregularities identified during the probe did not indicate fraudulent intent.
Justice Moraes accepted the prosecutor’s recommendation and ruled that the investigation should be closed. Under the ruling, the case will remain closed unless new evidence emerges.
The inquiry stemmed from concerns that content on X may have enabled online attacks against Supreme Court justices or violated rulings requiring the suspension of certain accounts under investigation.
Justice Moraes had previously taken several enforcement actions related to the platform during the broader dispute involving social media regulation in Brazil.
These included ordering a nationwide block of the platform, freezing Starlink accounts, and imposing fines on X totaling about $5.2 million. Authorities also froze financial assets linked to X and SpaceX through Starlink to collect unpaid penalties and seized roughly $3.3 million from the companies’ accounts.
Moraes also imposed daily fines of up to R$5 million, about $920,000, for alleged evasion of the X ban and established penalties of R$50,000 per day for VPN users who attempted to bypass the restriction.
Brazil remains an important market for X, with roughly 17 million users, making it one of the platform’s larger user bases globally.
The country is also a major market for Starlink, SpaceX’s satellite internet service, which has surpassed one million subscribers in Brazil.
Elon Musk
FCC chair criticizes Amazon over opposition to SpaceX satellite plan
Carr made the remarks in a post on social media platform X.
U.S. Federal Communications Commission (FCC) Chairman Brendan Carr criticized Amazon after the company opposed SpaceX’s proposal to launch a large satellite constellation that could function as an orbital data center network.
Carr made the remarks in a post on social media platform X.
Amazon recently urged the FCC to reject SpaceX’s application to deploy a constellation of up to 1 million low Earth orbit satellites that could serve as artificial intelligence data centers in space.
The company described the proposal as a “lofty ambition rather than a real plan,” arguing that SpaceX had not provided sufficient details about how the system would operate.
Carr responded by pointing to Amazon’s own satellite deployment progress.
“Amazon should focus on the fact that it will fall roughly 1,000 satellites short of meeting its upcoming deployment milestone, rather than spending their time and resources filing petitions against companies that are putting thousands of satellites in orbit,” Carr wrote on X.
Amazon has declined to comment on the statement.
Amazon has been working to deploy its Project Kuiper satellite network, which is intended to compete with SpaceX’s Starlink service. The company has invested more than $10 billion in the program and has launched more than 200 satellites since April of last year.
Amazon has also asked the FCC for a 24-month extension, until July 2028, to meet a requirement to deploy roughly 1,600 satellites by July 2026, as noted in a CNBC report.
SpaceX’s Starlink network currently has nearly 10,000 satellites in orbit and serves roughly 10 million customers. The FCC has also authorized SpaceX to deploy 7,500 additional satellites as the company continues expanding its global satellite internet network.
Energy
Tesla Energy gains UK license to sell electricity to homes and businesses
The license was granted to Tesla Energy Ventures Ltd. by UK energy regulator Ofgem after a seven-month review process.
Tesla Energy has received a license to supply electricity in the United Kingdom, opening the door for the company to serve homes and businesses in the country.
The license was granted to Tesla Energy Ventures Ltd. by UK energy regulator Ofgem after a seven-month review process.
According to Ofgem, the license took effect at 6 p.m. local time on Wednesday and applies to Great Britain.
The approval allows Tesla’s energy business to sell electricity directly to customers in the region, as noted in a Bloomberg News report.
Tesla has already expanded similar services in the United States. In Texas, the company offers electricity plans that allow Tesla owners to charge their vehicles at a lower cost while also feeding excess electricity back into the grid.
Tesla already has a sizable presence in the UK market. According to price comparison website U-switch, there are more than 250,000 Tesla electric vehicles in the country and thousands of Tesla home energy storage systems.
Ofgem also noted that Tesla Motors Ltd., a separate entity incorporated in England and Wales, received an electricity generation license in June 2020.
The new UK license arrives as Tesla continues expanding its global energy business.
Last year, Tesla Energy retained the top position in the global battery energy storage system (BESS) integrator market for the second consecutive year. According to Wood Mackenzie’s latest rankings, Tesla held about 15% of global market share in 2024.
The company also maintained a dominant position in North America, where it captured roughly 39% market share in the region.
At the same time, competition in the energy storage sector is increasing. Chinese companies such as Sungrow have been expanding their presence globally, particularly in Europe.
Brazil Supreme Court orders Elon Musk and X investigation closed
FCC chair criticizes Amazon over opposition to SpaceX satellite plan
