Rivian continues to tease its upcoming appearance at the 2019 New York International Auto Show, where the company is expected to showcase its first two vehicles: the R1T pickup truck and the R1S SUV. Just days after hinting at the R1T’s presence in the upcoming event, Rivian has posted another teaser on social media, this time featuring its Range Rover-rivaling R1S.
Rivian’s latest teaser, which is simply captioned “road tripping,” highlights the company’s “outdoor adventure lifestyle” theme, as invoked by the images of the R1S traveling on what appears to be a long and deserted road. Particularly interesting is an image showing what appears to be the UI in the R1S’ dashboard, which features a bird’s-eye view of the SUV and what appears to be a vector-based map.
Rivian has only emerged from the shadows late last year, but the company has already drummed up a notable degree of excitement for its first two vehicles, both of which are practically production ready. Thanks to its refined products, and augmented by the honest, down-to-earth nature of its CEO, RJ Scaringe, Rivian has captured the support and attention of the electric car market. This support was palpable in the company’s recently-held meet-and-greet at Manhattan, where Rivian hosted a number of reservation holders of the R1S and R1T.
In what could now be described as classic Rivian fashion, the meet-and-greet was was noticeably high-end, with cocktails and hors d’oeuvres being served to guests. CEO RJ Scaringe was present at the event, as well as a number of designers and engineers who were directly involved with the creation of the all-electric truck and SUV.
Rivian has successfully drummed up interest in its vehicles, and the company is now approaching what could only be described as its biggest challenge yet: actually producing its electric trucks. Both the R1S and the R1T are targeted towards the higher end of the market, with Scaringe noting in a previous interview that Rivian is going for the demographic that spends “$70,000 or $80,000 on a GMC Denali or a Chevy Suburban or a Land Rover Discovery or a fully loaded Ford F150.”
Both of Rivian’s electric vehicles are loaded to the teeth with tech, such as four electric motors and a mammoth 180 kWh battery pack that is expected to give around 400 miles of range. The R1T and R1S are also quick on their feet, being capable of hitting highway speeds in around 3 seconds. The Rivian R1T pickup starts at $69,000, while the R1S SUV has a starting price of $72,500 before incentives. Both are expected to enter production in 2020 and can be pre-ordered on Rivian’s official website today.
Here’s a cool video from Teslarati‘s Dacia Ferris showcasing one of the Rivian R1S’ cool features.
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Tesla aiming to produce first “legion” of Optimus robots this 2025
Tesla is aiming to start the production of Optimus this year, and its first run will be no joke.
Tesla’s Q1 2025 All-Hands meeting saw CEO Elon Musk share a key update about the company’s most ambitious product yet — Optimus. As per Musk, Tesla is aiming to start the production of Optimus this year, and its first run will be no joke.
Tesla Optimus’ Quick Evolution
Tesla initially announced Optimus during its AI Day event in 2021. At the time, Tesla only had a mockup of the robot and a literal person in a suit to demonstrate what Optimus could look like. By 2022, Tesla had a working prototype of the robot. Optimus’ progress has been rapid since then, with several dozens of the humanoid robots interacting with attendees at the Cybercab’s unveiling last October.
Optimus’ Potential
During the recent All-Hands meeting, Elon Musk reiterated the idea that Optimus could very well be the biggest product of all time, likely being ten times larger than the next-biggest product. Musk also shared an update about Optimus’ production, stating that the first humanoid robot has been manufactured at the Fremont Factory.
A Legion for 2025
When discussing Optimus’ ramp, Musk clarified that Tesla is internally aiming for enough parts to produce 10,000 to 12,000 Optimus robots this year. However, since Optimus is a completely different product, even half of 10,000 units would be a huge victory for Tesla. Tesla also plans to ramp Optimus to a notable degree in 2026, with the company aiming for 50,000 units, or 10 “legions” of humanoid robots, next year.
“So this year, we hopefully will be able to make about 5,000 Optimus robots. We’re technically aiming for enough parts to make 10,000, maybe 12,000, but since it’s a totally new product with a totally new, like everything is totally new, I’ll say we’re succeeding if we get to half go the 10,000.
“But even 5,000 robots, that’s the size of a Roman legion, FYI, which is like a little scary thought. Like a whole legion of robots, I’ll be like ‘whoa.’ But I think we will literally build a legion, at least one legion of robots this year, and then probably 10 legions next year. I think it’s kind of a cool unit, you know? Units of legion. So probably 50,000-ish next year,” Musk said.
Tesla’s Q1 2025 All-Hands Meeting can be viewed below.
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Tesla Shanghai Megafactory starts exporting Megapacks, first to Australia
Tesla Asia celebrated the Shanghai Megafactory’s first Megapack exports on X.
Tesla has begun exporting Megapack battery systems from its Shanghai Megafactory, with the first shipment departing for Australia on Friday. This marks a key step in Tesla Energy’s expansion into the global energy storage industry, utilizing its new China-based Megafactory to supply several new markets.
Tesla Asia celebrated the Shanghai Megafactory’s first Megapack exports through its official social media account on X.
Tesla Megapacks in Focus
The Tesla Megapack is capable of storing 3.9 MWh of energy, and they are designed for grid use. As per Tesla in its official website, each Megapack battery has enough energy to power an average of 3,600 homes for one hour. The Megapack is designed to be infinitely scalable as well, making it a good fit for large-scale sustainable energy projects.
The Shanghai Megafactory
The Shanghai Megafactory began production in early 2025, a record eight months after its May 2024 groundbreaking. With an initial output of 10,000 units annually, equal to about 40 GWh, the Shanghai Megafactory has the potential to significantly boost Tesla’s battery storage deployments.
As per a report from Xinhua News Agency, Tesla is expecting its energy deployments to rise 50% year-over-year this 2025.
Tesla Leaders on the Shanghai Megafactory
Mike Snyder, vice president of energy and charging at Tesla, previously outlined the potential of the Shanghai Megafactory. “Megafactory gives us the ability to scale production and efficiency. We can lower logistics costs as well as product costs, and grow the business to new markets,” he stated.
The Shanghai Megafactory also seems to be part of Tesla’s efforts to grow its presence in China, which was highlighted by CEO Elon Musk during a meeting with Chinese Premier Li Qiang. During their meeting, Musk reportedly stated that “Tesla is willing to deepen cooperation with China and achieve more win-win results.”
Shark Tank personality and legendary investor Kevin O’Leary roasted former Vice Presidential nominee Tim Walz over his comments regarding Tesla shares earlier this week.
Walz, a Minnesota Democrat, said that he recently added Tesla (NASDAQ: TSLA) to his Apple Stocks app so he could watch shares fall as they have encountered plenty of resistance in 2025 so far. He said that anytime he needs a boost, he looks at Tesla shares, which are down 36 percent so far this year:
If you need a little boost during the day, check out Tesla stock 📉 pic.twitter.com/KBEh6pOZLW
— Tim Walz (@Tim_Walz) March 19, 2025
Walz, among many others, has been critical of Tesla and Elon Musk, especially as the CEO has helped eliminate excess government spending through the Department of Government Efficiency (DOGE).
However, Kevin O’Leary, a legendary investor, showed up on CNN after Walz’s comments to give him a bit of a reality check. O’Leary essentially called Walz out of touch for what he said about Tesla shares, especially considering Tesla made up a good portion of the Minnesota Retirement Fund.
As of June 2024, the pension fund held 1.6 million shares of Tesla stock worth over $319.6 million:
O’Leary continued to slam Walz for his comments:
“That poor guy didn’t check his portfolio and his own pension plan for the state. It’s beyond stupid what he did. What’s the matter with that guy? He doesn’t check the well-being of his own constituents.”
He even called Walz “a bozo” for what he said.
Of course, Walz’s comments are expected considering Musk’s support for the Trump Administration, as the Tesla CEO was a major contributor to the 45th President’s campaign for his second term.
However, it seems extremely out of touch that Walz made these comments without realizing the drop was potentially hurting his fund. While we don’t know if the fund has sold its entire Tesla holdings since June, as a newer, more recent report has not been released yet, it seems unlikely the automaker’s shares are not still making up some portion of the fund.
Tesla aiming to produce first “legion” of Optimus robots this 2025
Tesla Shanghai Megafactory starts exporting Megapacks, first to Australia
Shark Tank’s O’Leary roasts Tim Walz over Tesla stock hate session
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