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Rivian shows off new details at NY Auto Show before heading home
Rivian has been on a promotional whirlwind since the company came out of the shadows last year at the 2018 LA Auto Show, and with it, the all-electric adventure company’s attendance at the New York International Auto Show this year has now generated quite a few more vehicle detail revelations from interviews posted online by show attendees.
Thanks for the warm welcome, #NY! See you again soon. pic.twitter.com/RNTHh5bYy3
— Rivian (@Rivian) April 28, 2019
Brian Gase, Rivian’s Chief Engineer of Special Projects, appeared in a number of videos describing features of the R1T truck and R1S SUV that are unique and otherwise not commonly known about the vehicles.
First, the number of storage compartments were one of the smaller details that stood out. In the R1T, the back passenger seats have bins underneath the cushions, and both vehicles have sliding bins underneath the driver and shotgun seats. A full size spare tire is in the R1T bed and can be removed for even more storage if needed, but to save space for storage and its usable third row seating, the R1S has an inflatable spare tire under the trunk floor.
Rivian’s plans for interior color options were also mentioned, and there are three: Forest Edge (the green inside the demo R1T), Lunar Rock (the grey inside the demo R1S), and black. Additional premium options will be offered for interior fabrics which are already a blend of traditional materials and the types of fabrics you’d find in durable outerwear. The cabins also feature quad-zone climate control.
On the performance side, 170 kW of independent power is provided to each wheel which also provides for torque vectoring. The approximately 750-800 total horsepower in each vehicle works out to about 180 hp per wheel from each of the four motors.
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- Rivian R1S SUV at New York Auto Show 2019. | Image: Dacia J. Ferris/Teslarati
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- Rivian R1S SUV at New York Auto Show 2019. | Image: Dacia J. Ferris/Teslarati
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- Rivian R1S SUV at New York Auto Show 2019. | Image: Dacia J. Ferris/Teslarati
Rivian’s high density battery pack, complete with a thermal control system that adapts according to charging and driving behavior, then powers the whole package. A giant battery might not seem like it would be a great choice for four-wheel adventures, but Rivian has tightly encased its vehicles’ power supply using advanced materials science to be capable of wading up to three feet of water. Since there’s no engine requiring air, only buoyancy prevents a deeper crawl.
Progress in the automotive self-driving arena is moving fast, and Rivian has already integrated that reality into the R1T and R1S designs. The camera and radar hardware on production vehicles will be capable of Level 3 autonomous driving that’s upgradable via over-the-air software updates. Rivian’s initial vehicles will ship with Level 2 capabilities and use data accumulated from its customers’ driving sent to the cloud to develop its Level 3 transition, very similar to Tesla’s strategy. Previously, Rivian has additionally suggested Jurassic Park-style autonomous tours might be available for owners wanting a guided, real-world adventure experience.
Rivian has several test mules on the road using F-150 bodies, but only one production design model of each car has been made to be used at shows and in videos.
Finally, you might know that Rivian was founded in 2009 by CEO RJ Scaringe, an MIT graduate (he holds an MS and PhD in mechanical engineering), but it seems lesser known how his personal life story is imprinted right in the company’s name. Scaringe grew up near the Indian River region of Florida, and that’s where the Rivian name is derived (RIV(er)-(Ind)IAN).
BACK TO BASICS
All of those tidbits will now join the overall more well known features driving the appeal of Rivian’s R1T truck and R1S SUV. A recap of the basics may put them into a better perspective still.
On battery packs, Rivian’s focus on outdoor adventure means that decent battery capacity and range are key components if their product ideas are to be successful, and their much-touted 180 kWh battery “megapack” boasting a 400+ mile range seems to fit that bill. The mid-range 135 kWh pack claiming a 300 mile range is also decent for well-planned routes, and it just so happens to have a fun number of 2170 battery cells – 7,777 exactly if you count the battery inside the in-door flashlight. The 135 kWh battery pack vehicles are also the versions that will do 0-60 mph in 3 seconds, although all versions are speed limited to 125 mph. A lower end 105 kWh pack with a 230 mile range will be produced last, per the usual new EV strategy of offering premium cars before more affordable variations.
https://twitter.com/PrincessDeixa/status/1118957811285811200
The first R1S and R1T deliveries are set for the end of 2020, and Rivian is currently taking preorder deposits to reserve their upcoming vehicles. Purchase prices will start at $69,000 for the R1T and $72,500 for the R1S before tax incentives.
Aside from being first to unveil a near-production all-electric pickup truck, two other features in Rivian’s electric cars have stood out. First, the quad-motor “skateboard” chassis that forms the base of current and future vehicles centralizes and simplifies Rivian’s innovations into a flexible electric car platform for its future product lines. This feature has also drawn interest from big-name partners like GM and Ford, the latter having just signed a $500 million deal with Rivian to use its tech to develop their first all-electric vehicle.
A somewhat new tidbit about the skateboard platform is the size difference between the R1S version and the R1T version. The R1S chassis is 375 mm shorter than the R1T to boost its off-road capabilities. Both vehicles’ towing capacity is around 11,000 pounds.
The second well-known feature about Rivian’s two outdoor-purposed vehicles is the amount of storage space incorporated into the designs. The frunks are spacious with a 330 mL capacity, and the R1T truck has what they call a ‘gear tunnel’, which is essentially a large cargo space tunneled through the lower middle of the truck’s cab. It looks to have the makings of the next social media photo craze, but that’s obviously speculation.
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- Rivian R1T truck at the NY Auto Show 2019. | Image: Dacia J. Ferris/Teslarati
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- Rivian R1T truck at the NY Auto Show 2019. | Image: Dacia J. Ferris/Teslarati
Both the frunk and tailgates have powered open and close functions for ease of use, the tailgate opening a full 180 degrees, and the bed has a powered built-in tonneau cover strong enough to support loading. Also included in the truck bed are 110V power outlets, onboard air, lights to illuminate the bed, and a gear cable that’s electronically connected to the vehicle. If the cable is cut or disconnected for any reason, the owner receives a notification on their Rivian app.
Other details to mention are the electrochromatic glass roof built into both the R1T and R1S that can change color on demand, specifically in response to outside weather and light conditions, and the daytime running lights that also act as turn signals and charging status indicator lights. A charging status indicator is also in the back of the vehicles.
Check these #rivian R1T features out! The sun roof changing colors and the height adjustable air springs in action! #NYautoshow2019 #electricvehicles #electrictruck #truck pic.twitter.com/Wc517rt8dM
— DJ (@PrincessDeixa) April 18, 2019
The last major Rivian feature to mention is the adaptable air suspension. Both vehicles’ ride height can be easily raised or lowered depending on road conditions to adjust comfort and handling characteristics. There’s even a ‘kneel’ mode to ease vehicle entry and exit.
STILL TO COME
Rivian’s R1T truck and R1S SUV already have enough innovative details to drive their consumer appeal as-is, but the company has even more developments going on in the background. Recently published patent applications have revealed a modular system for swapping out vehicle components based on activity need and a digital jerry can to extend the battery range even further for longer trips away from a charging network.
Additionally, trademark applications filed with the US Patent and Trademark Office have teased several other products in the works with names like 1C, 1A, and 2R. An interview with RJ Scaringe published by Bloomberg confirmed that Rivian is indeed working on six other products.
Details surrounding Rivian’s plans for a service network are still slim despite the abundance of other important information about the Michigan-based company. The R1S and R1T vehicles will use CCS charging ports, but whether a charging partnership or a home-grown effort is planned remains to be seen.
A NY International Auto Show attendee recently posted on Reddit details gathered from speaking with Rivian’s team, including Scaringe, and indications were made that the company is interested in using Tesla’s Superchargers, although they’ve had some difficulties with the effort. A potential roadshow tour offering test drives was also mentioned.
A couple of the Rivian video interviews can be watched below:
In the world of autonomous ride-hailing, there are only a handful of names. Among those few companies lies a strategy play by each to keep the opposition on their toes. Tesla, on the other hand, already tipped its hand at where it is headed next.
Tesla has signaled its next major push in the autonomous ride-hailing market by filing for an Autonomous Vehicle Network Company permit in Nevada (Docket 26-05015). Through Tesla Robotaxi, LLC, the company seeks approval to operate up to 5,000 robotaxis in Clark County, including high-traffic areas like Las Vegas and Henderson airports, within the first 12 months of launch.
This filing builds on Tesla’s earlier testing approvals from the Nevada DMV in September 2025 and preparations such as maintenance hubs in the Las Vegas area. Nevada represents a strategic expansion into a major tourist destination, where high visitor volumes could drive strong utilization and showcase the reliability of unsupervised autonomy to a broad audience.
We’d have to assume this means Tesla is targeting Las Vegas, and it’s a great move from a business perspective.
Vegas is such a melting pot of people from all around the country and the world. It will expose people from all corners of the globe to Tesla’s autonomy capabilities https://t.co/Qz3fQmhULF pic.twitter.com/Du5pj2RyWC
— TESLARATI (@Teslarati) June 6, 2026
Approval would mark a significant step toward commercial operations in a new state, following progress in Texas.
Tesla’s shareholder decks and earnings calls have clearly outlined these ambitions. In the Q4 2025 shareholder deck, the company listed planned Robotaxi coverage for the first half of 2026, explicitly naming Las Vegas alongside Phoenix, Miami, Orlando, and Tampa, with Dallas and Houston already advancing. Austin was noted as “ramping unsupervised,” while the Bay Area remained in safety-driver mode.
By Q1 2026, the deck updated statuses to reflect launches in Dallas and Houston, with “preparations underway” for the remaining cities, including Las Vegas. Paid Robotaxi miles nearly doubled sequentially in Q1, underscoring momentum even as broader timelines adjusted slightly for regulatory and operational readiness.
On earnings calls, CEO Elon Musk and executives have emphasized a phased rollout prioritizing safety. Unsupervised operations in Texas have shown strong results with no reported accidents or injuries in the program. Tesla continues groundwork in additional major U.S. metros through testing and permitting, positioning it to scale quickly once approvals clear.
This Nevada move aligns with Tesla’s vision of transforming from an EV maker into an AI and robotics leader. The forthcoming Cybercab, which started production at Giga Texas in April, is expected to eventually dominate the fleet, replacing many Model Y vehicles and driving down costs to enable affordable rides.
For investors and the industry, this signals Tesla’s intent to dominate key Sun Belt and tourist markets where weather, regulations, and demand favor rapid scaling. Success in Las Vegas could validate the model for denser urban and high-tourism environments, accelerating the shift toward a future where robotaxis generate meaningful revenue.
Las Vegas will also expand knowledge among the general public at Tesla’s capabilities, helping people experience driverless ride-hailing from several companies during their time on The Strip.
The Tesla Model 3’s cheapest trim level just got a major accolade, as Edmunds just revealed the Rear-Wheel-Drive trim of the all-electric sedan is the most efficient EV that is currently in production.
The 2026 Tesla Model 3 Rear-Wheel-Drive not only beat its EPA-estimated range by 30 miles, but it also bested its efficiency mark by 13.2 percent. The Model 3 tested by Edmunds traveled 393 miles, beating its EPA rating by 8.3 percent, while it returned 21.7 kWh per 100 miles, or 4.61 mi/kWh.
Beating those two metrics is especially pertinent when it comes to EV ownership and driving down the cost of ownership from ICE counterparts across the board. The real money savings come from driving down the cost of driving per mile, especially when it comes to high-mileage driving.
Edmunds stated in its report and review that the process it uses to test EV efficiency is aimed at giving “the most accurate representation of a car’s real-world range.” The assessment uses a strict route that features 60 percent city and 40 percent highway driving, and an average speed of 40 MPH across the trip.
It also drives each car within 5 MPH of all posted speed limits, and the climate control is set on Auto at 72 degrees to ensure even testing. In other words, Edmunds does not use methods to maximize efficiency, and instead tries to make it reasonable to achieve the same ratings yourself.
In comparison to other EVs, it beat the 2026 Mercedes-Benz CLA 350, which went 385 miles, as well as the 2026 Audi A6 Sportback E-tron Prestige AWD, which traveled 392 miles. Only the Mercedes-Benz CLA 250+ traveled farther, making it an impressive 434 miles on a charge.
However, the Tesla Model 3 RWD’s efficiency is “unmatched” because of its incredibly low energy usage per mile.
🚨 Tesla Model 3 RWD:
-At $36,990, it is $9,000 cheaper than the average transaction price for a new car ($46,023 via KBB)
-Was 13.2% more efficient than its EPA estimate
-Traveled 393 miles on a charge despite its 363-mile EPA range https://t.co/Grov2hXqpa pic.twitter.com/Zl8rnZZLIB
— TESLARATI (@Teslarati) June 8, 2026
The Model 3 Rear-Wheel-Drive might be the best bang-for-your-buck EV if you’re looking to buy new and want access to features like Full Self-Driving, while also being aware of efficiency. This trim of the Model 3 is also priced over $9,000 cheaper than what Kelley Blue Book says the average transactional price for a new car was in May 2026, which sits at $46,023.
If you’re looking for something with more speed, an All-Wheel-Drive drivetrain, or more premium features, the Premium trims of the Model 3 currently come with one year of Free Supercharging.
The Ontario Teachers’ Pension Plan (OTPP) stands to reap one of the most extraordinary returns in pension fund history thanks to a bold 2019 investment in SpaceX.
According to a recent report from The Globe and Mail, the Toronto-based fund invested roughly $300 million CAD (~$220 million USD at the time) in Elon Musk’s space company as its inaugural deal through the Teachers’ Innovation Platform.
At SpaceX’s anticipated $1.75 trillion IPO valuation, set for a mid-June debut on Nasdaq under ticker $SPCX, that stake could now be worth up to $11.6 billion USD. This would represent a roughly 50x return and easily become OTPP’s most successful single investment ever.
The fund manages $279 billion in assets for approximately 346,000 working and retired teachers in Ontario, potentially delivering an average boost of around $33,500 per member if fully realized.
SpaceX has filed its S-1 and plans to price shares at $135 each, aiming to raise a record $75 billion in what would be the largest IPO in history, surpassing Saudi Aramco. The company reported $18.67 billion in revenue for 2025, driven primarily by Starlink satellite internet growth and NASA contracts, though it continues to post significant losses tied to ambitious R&D in Starship and AI initiatives.
Important pieces moving forward include:
- Starlink Expansion: The satellite broadband service is scaling rapidly, targeting global connectivity, especially in underserved rural and remote areas. This segment offers massive recurring revenue potential as numbers climb.
- Starship and Reusability Leadership: SpaceX’s fully reusable Starship aims to slash launch costs dramatically, enabling frequent missions, Mars ambitions, and lucrative government/defense contracts. Success here could unlock exponential growth.
- AI and Diversification: Recent moves, including ties to xAI, position SpaceX in high-growth AI infrastructure, broadening beyond traditional aerospace.
- Validation Scrutiny: While the $1.75 trillion target excites investors, analysts like Morningstar value the company closer to $780 billion, citing high multiples (around 90x trailing revenue) and execution risks. A 180-day lockup period will prevent early investors like OTPP from selling immediately post-IPO.
The irony has not been lost on observers. Ontario’s government previously canceled a Starlink rural internet contract amid political tensions involving Musk, yet the pension fund’s savvy investment, made when SpaceX was valued around $33-36 billion, and Starlink was nascent, delivers outsized gains independent of politics.
For OTPP, this windfall strengthens its already solid 111 percent funding ratio and underscores the value of patient, innovation-focused capital allocation.
For SpaceX, the IPO marks a new chapter: greater transparency, access to public markets for talent retention and growth capital, and heightened pressure to deliver on its multi-planetary vision.
All eyes are fixed on whether SpaceX can justify its lofty valuation through sustained execution. For Ontario teachers, the returns are already stellar, but SpaceX, like other Musk companies in the past, has plenty of things to prove. Perhaps the most ideal person for the job is at the helm, hoping to bring the company to a massive valuation.
Tesla tipped its hand at where Robotaxi is heading next
Tesla Model 3’s cheapest trim just got a major accolade
