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Rivian opens R&D center in Serbia

FOTO TANJUG/ VLADIMIR PORÈIÆ/ bs

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Rivian opened a research and development (R&D) center in Belgrade, Serbia, the Development Agency of Serbia announced on Thursday. An opening ceremony was attended by Serbian Minister of Innovation Jelena Begovic, Rivian VP, Talent Acquisition Cindy Nicola, and Wassym Bensaid, Senior VP Software Development at Rivian, as well as US ambassador to Serbia Christopher Hill.

The Development Agency of Serbia noted that Rivian confirmed that there were several hundred job applications received. The applicants showed interest in careers related to infotainment, mapping, advanced driver assistance systems (ADAS), and IT services.

Rivian said that the first employees began working “in the previous days,” and the company is planning to expand its Belgrade team in the coming weeks and months. Rivian will hire 200 engineers before the end of 2022 and then an additional 1,000 jobs.

Wassym Bensaid emphasized the importance of Belgrade as a place where the best engineers could be found. He said,

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“We need the best engineers, we chose Belgrade on purpose, and I am happy that we can welcome our new colleagues.”

President Aleksander Vučić said that Rivian’s expansion into Serbia is of great importance and places the nation on the “innovative-technological map.”

“We have been working on this for at least a year and a half. This arrival is very significant for us. Rivian is the most innovative company in the whole world when it comes to electric vehicles. We brought the best from the world to Serbia – Serbia is the only one that succeeded. Besides the USA and Canada, they opened a center only in Serbia. No one else in Europe can boast of that,” said Vučić.

“We must continue to work on increasing our capacity and see how we can expand the capacity of the faculty of technical sciences in Novi Sad, as well as all the other faculties within the Belgrade University,” President Vučić. said at the opening ceremony.

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U.S. Ambassador to Serbia, Christopher R. Hill, took to Twitter to share his thoughts about Rivian’s new R&D center in Serbia and even got to try out one of the vehicles.

“The only thing better than welcoming @Rivian to Serbia today was getting to try the product! Their new tech center is an exciting investment in Serbia and its people and a clear vote of confidence in Serbia’s future. And the ride is amazing!” he said. 

Below is a gallery of photos from the opening ceremony, courtesy of the Development Agency of Serbia. Teslarati contacted the Development Agency of Serbia and Rivian for comment, and we’ll update you when/if they provide one.

Update: A Rivian spokesperson told Teslarati:

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“We recently opened a space in Serbia, our fourth European country. We’re currently recruiting for roles in our IT and technology teams, which will enable us to continue to bring world leading products and services to market.”

[rl_gallery id=”225545″]

 

In September, Rivian announced that it would be expanding into Serbia. On Thursday, the Serbian president’s office announced that Rivian opened a research and development (R&D) center in Belgrade.

Azhar Mirza, Rivian’s European Senior Commercial Facilities Operations Project Manager, announced that the company was hiring an experienced Workplace Operations Specialised based in Belgrade. “It’s an incredibly exciting time at Rivian, and this role will be instrumental in the support and operation of a workplace in a new region for us,” he wrote.

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Your feedback is welcome. If you have any comments or concerns or see a typo, you can email me at johnna@teslarati.com. You can also reach me on Twitter at @JohnnaCrider1.

Teslarati is now on TikTok. Follow us for interactive news & more. Teslarati is now on TikTok. Follow us for interactive news & more. You can also follow Teslarati on LinkedInTwitter, Instagram, and Facebook.

 

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Johnna Crider is a Baton Rouge writer covering Tesla, Elon Musk, EVs, and clean energy & supports Tesla's mission. Johnna also interviewed Elon Musk and you can listen here

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Tesla gives its biggest signal yet that Cybercab launch is imminent

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Credit: Joe Tegtmeyer | X

Tesla just gave what is perhaps its biggest signal yet that the launch of the Cybercab, its autonomous ride-hailing-geared car, is imminent.

The Cybercab has been spotted outside of Gigafactory Texas in massive numbers over the past few days, with hundreds of units being stored on property just days after the vehicle received a Certificate of Conformity from the EPA.

Today, things were a bit different.

Cybercabs spotted on Giga Texas property today had an addition: a Cybercab decal on the side, reminiscent of the “Robotaxi” ones that were placed on Model Ys just as the company launched its ride-sharing platform about a year ago.

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Giga Texas drone operator Joe Tegtmeyer noticed the change today:

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Tesla could be signaling that the Cybercab is preparing to enter the Robotaxi fleet in the coming weeks or months with this move. It seems more symbolic than anything; Tesla is ready to throw Cybercabs in the ride-hailing platform just as it did with Model Ys last year.

The addition of the Certificate of Conformity awarded to the Cybercab is another major factor working to Tesla’s advantage. The company now has permission from the EPA to allow the vehicle to operate on public roads and enter the chain of commerce. It’s officially street legal.

Tesla Cybercab specs revealed: range, curb weight, range ratings, and more

The big question that remains is whether Tesla will be able to operate the car without a safety monitor, especially considering it plans to put the car out there without a steering wheel or pedals. With the Cybercab only having a seating capacity of two, it is hard to believe Tesla will even consider putting a Safety Monitor in the car.

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It did recently self-certify as Level 4 and has the ability to operate driverless vehicles in the State of Texas under a law that took effect on May 28. You can read more about that here:

Tesla’s Robotaxi dreams just took a massive step toward reality

We’d imagine Cybercabs will be on the roads as soon as July, but August will likely be a better estimate of when the car will be entered into the Cybercab fleet. It all depends at where Tesla is, as they’ve truly prioritized safety with the rollout of the Robotaxi platform.

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Elon Musk challenges Tesla credit rating from Moody’s after SpaceX gets a higher one

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Justin Pacheco, Public domain, via Wikimedia Commons

Elon Musk has publicly questioned Moody’s credit assessments following the rating agency’s decision to assign SpaceX a Baa1 investment-grade rating, two notches above Tesla’s Baa3. The comments came amid discussions comparing the two companies’ financial profiles.

SpaceX earned its first-time Baa1 rating with a stable outlook from Moody’s. The agency highlighted the company’s leadership in orbital launches, the growing recurring revenue from its Starlink satellite network, strong vertical integration, U.S. government contracts, and emerging opportunities in AI infrastructure.

These factors were cited as supporting robust cash flows, margin expansion, and financial flexibility.

Musk responded directly: “Tesla’s credit rating is ridiculously low tbh,” and added, “Yeah, makes no sense. Tesla has over $40B in cash, no debt, and is consistently profitable!” His remarks underscored Tesla’s balance sheet strength and profitability at a time when many traditional automakers continue to report losses in the shift to electric vehicles.

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Tesla maintains a leading position in the global EV market, with diversification into energy and storage, battery technology, and robotics through projects like Optimus. Recent financial updates show the company generated positive free cash flow of $1.4 billion in Q1 2026, supported by operating cash flow of $3.9 billion. Cash and short-term investments stood at approximately $44.7 billion.

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Moody’s has affirmed Tesla’s Baa3 issuer rating with a stable outlook in periodic reviews, acknowledging the company’s EV leadership, technology strengths, including AI for autonomous vehicles, solid profitability, and strong liquidity.

Tesla (TSLA) scores Baa3 Moody’s rating for ‘stable’ outlook

However, the agency has also noted challenges in the automotive segment and expectations for margin pressures.

Musk’s critique highlights a common debate about how traditional rating methodologies apply to high-growth, capital-intensive technology companies. SpaceX benefits from long-term government-backed contracts and diversified, recurring revenue streams, while Tesla’s valuation reflects heavy investment in future technologies such as autonomy and robotics.

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Both ratings remain investment-grade, yet the one-notch difference has fueled online discussion about potential inconsistencies in evaluating innovative firms.

The exchange comes as SpaceX explores financing options following its recent valuation milestones, while Tesla continues executing on its multi-year roadmap. Musk’s pointed response serves as a reminder that credit ratings, though influential for borrowing costs, represent one lens through which markets assess corporate strength—and that company leaders often view their financial positions through the lens of long-term innovation and cash generation rather than short-term risk metrics alone.

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Tesla faces Full Self-Driving pushback in EU over ‘speeding’

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Credit: Tesla

A new report from Reuters claims that a transport authority in Sweden is pushing back against the approval of Tesla’s Full Self-Driving suite because it will travel over speed limits.

The report says the Swedish Transport Administration (TRV) recommends the European Union votes against FSD’s approval. TRV believes it should not be approved until Tesla disables FSD’s ability to speed.

TRV sent a letter to the European Union’s Technical Committee on Motor Vehicles (TCMV), which is set to meet on June 30 to discuss the potential approval of the Tesla FSD suite in the country. Tesla, which has received various approvals in Europe over the past two months, has not provided a comment.

Tesla Full Self-Driving gets first-ever European approval

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Teslas operating on FSD do travel over the speed limit, depending on the Speed Profile that is chosen. Drivers have the ability to disengage FSD at any point; Tesla specifically states that those supervising the suite are responsible for its actions.

Let’s cut to the chase: humans operating any vehicle speed almost daily in the United States. Realistically, speed limits in the U.S. are more frequently treated as speed minimums. However, other countries are different, and driving behaviors are less aggressive.

TRV believes that “allowing automated systems to systematically exceed legal speed limits…risks undermining both the legal framework and the expected safety benefits of ​vehicle automation,” the report stated. It’s surprising that Tesla has not received this claim from other countries previously.

This could be a good argument to bring Max Speed back, the setting that previously allowed the driver to choose the absolute fastest the car would travel.

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This would still put the responsibility of supervision in the hands of the driver. It would allow the driver to choose whether the car would travel over the speed limit or not, acknowledging that they set the speed, and if they get pulled over, there would be no ability to argue it.

However, it does not seem as if this is something Tesla will do, especially considering many U.S. drivers have requested the feature in an effort to eliminate speeding or at least tone it down. The company has not shown any interest in bringing it back.

Tesla has approvals for FSD in Europe in Estonia, Lithuania, Denmark, the Netherlands, and Belgium.

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