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Rivian’s manufacturing plant moves closer to full-scale production, documents show
Rivian’s production plant in Normal, Illinois is moving swiftly toward its first days of full-scale production. New documents acquired by Teslarati show the automaker is applying for, submitting, and completing several new additions to its manufacturing plant that will soon begin cranking out builds of its all-electric R1T pickup.
Documents from the Normal, Illinois Inspection Department’s Monthly Permit and Project Summary for February 2021 show Rivian has recently submitted, had permits approved for, and is completing several add-ons to its new factory. While the plant sits at 100 Rivian Motorway, several other addresses on the documents apply to Rivian’s plans, including 100 Rivian Parkway, 301 Kerrick Road, 2430 Electric Avenue, and 2601 W. College Avenue.
With the production of the R1T planned for later this year and deliveries slated for June 2021, Rivian, headed by CEO RJ Scaringe, undoubtedly has major potential to make this year its biggest yet. Of course, delivering its first car to a customer would already be monumental for the company, but production and construction efforts were delayed in 2020 to this year due to the COVID-19 pandemic. Now, Rivian is working to put the finishing touches on its facility as production nears.
Rivian R1T spotted on public roads once again prior to launch
The portion of the documents that outlines the “Significant Projects” in the town of Normal is predominantly comprised of Rivian’s construction efforts at the facility. A breakdown of Rivian’s construction progress is as follows:
301 Kerrick Road
Rivian Lease Buildout – Framing & Roughs
100 Rivian Parkway
Main Entry Renovation – In Progress
Cable Tray Structural – In Progress
Start Me Up Offices – In Progress
North EOL Addition – In Progress
Skateboard Addition – In Progress
North Body Addition – Foundation Work
Cafeteria Remodel – In Progress
S17 Equipment Mezzanine – In Progress
Teams Room #3 – In Progress
Equipment Mezzanines – Foundations & Framing
Battery Mezzanine – Foundations & Framing
100 Rivian Motorway
Paint Shop Lab – Temporary Occupancy
Stamping/Final Assembly – Temporary Occupancy
Final Assembly Floor R1 – In Progress
Phase II Team Rooms, Paint Shop – In Progress
South End Plant Additions – Temporary Occupancy
West Plant Addition – Interior Buildout
2460 Electric Avenue
Service Station Building – In Progress
Vibration Test Lab Addition – Temporary Occupancy
2601 W. College Avenue
Warehouse Remodel – In Progress
Additionally, Rivian also recently submitted two new projects for 100 Rivian Parkway for Outbound Logistics and Phase 3-5 Team Rooms. Rivian was also granted three “Significant Construction Permits for the Month,” two at 100 Rivian Parkway ((Equipment Mezzanines – $11 million, Battery Mezzanine – $463k) and one at 301 Kerrick Road (Rivian Lease Buildout – $1.5 million).
It is worth noting that Rivian’s production facility has been under construction for several years, and was still being completed internally in April 2020, when the company broke the news regarding production delays. Luckily, the company has plenty of financial backing and recently rounded out a $2.65 billion investment round. Rivian recently announced it has partnered with Meridian Audio, and the R1T has been spotted several times in public ahead of initial production.
Documents regarding Rivian’s production facility are available below.
Rivian Normal Il Report February 2021 by Joey Klender on Scribd
Elon Musk
Elon Musk hints Tesla investors will be rewarded heavily
“Hold onto your Tesla stock. It’s going to be worth a lot, I think. That’s my bet,” Musk said.
Elon Musk recently hinted that he believes Tesla investors will be rewarded heavily if they continue to hold onto their shares, and he reiterated that in a new interview that the company released on its social accounts this week.
Musk is one of the most successful CEOs in the modern era and has mammothed competitors on the Forbes Net Worth List over the past year as his holdings in his various companies have continued to swell.
Tesla investors, especially those who have been holding shares for several years, have also felt substantial gains in their portfolios. Over the past five years, the stock is up over 78 percent. Since February 2019, nearly seven years ago to the day, the stock is up over 1,800 percent.
Musk said in the interview:
“Hold onto your Tesla stock. It’s going to be worth a lot, I think. That’s my bet.”
Elon Musk in new interview: “Hold on to your $TSLA stock. It’s going to be worth a lot, I think. That’s my bet.” pic.twitter.com/cucirBuhq0
— Sawyer Merritt (@SawyerMerritt) February 26, 2026
It’s no secret Musk has been extremely bullish on his own companies, but Tesla in particular, because it is publicly traded.
However, the company has so many amazing projects that have an opportunity to revolutionize their respective industries. There is certainly a path to major growth on Wall Street for Tesla through its various future projects, including Optimus, Cybercab, Semi, and Unsupervised FSD.
- Optimus (Tesla’s humanoid robot): Musk has discussed its potential for tasks like childcare, walking dogs, or assisting elderly parents, positioning it as a massive long-term driver of company value.
- Cybercab (Tesla’s robotaxi/autonomous ride-hailing vehicle): a fully autonomous vehicle geared specifically for Tesla’s ride-sharing ambitions.
- Semi (Tesla’s electric truck, with mentions of expansion, like in Europe): brings Tesla into the commercial logistics sector.
- Unsupervised FSD (Full Self-Driving software achieving full autonomy without human supervision): turns every Tesla owner’s vehicle into a fully-autonomous vehicle upon release
These projects specifically are some of the highest-growth pillars Tesla has ever attempted to develop, especially in Musk’s eyes, as he has said Optimus will be the best-selling product of all-time.
Many analysts agree, but the bullish ones, like Cathie Wood of ARK Invest, are perhaps the one who believes Tesla has incredible potential on Wall Street, predicting a $2,600 price target for 2030, but this is not even including Optimus.
She told Bloomberg last March that she believes that the project will present a potential additive if Tesla can scale faster than anticipated.
Cybertruck
Tesla drops latest hint that new Cybertruck trim is selling like hotcakes
According to Tesla’s Online Design Studio, the new All-Wheel-Drive Cybertruck will now be delivered in April 2027. Earlier orders are still slated for early this Summer, but orders from here on forward are now officially pushed into next year:
Tesla’s new Cybertruck offering has had its delivery date pushed back once again. This is now the second time, and deliveries for the newest orders are now pushed well into 2027.
According to Tesla’s Online Design Studio, the new All-Wheel-Drive Cybertruck will now be delivered in April 2027. Earlier orders are still slated for early this Summer, but orders from here on forward are now officially pushed into next year:
🚨 Tesla has updated the $59,990 Cybertruck Dual Motor AWD’s estimated delivery date to April 2027.
First deliveries are still slated for June, but if you order it now, you’ll be waiting over a year.
Demand appears to be off the charts for the new Cybertruck and consumers are… pic.twitter.com/raDCCeC0zP
— TESLARATI (@Teslarati) February 26, 2026
Just three days ago, the initial delivery date of June 2026 was pushed back to early Fall, and now, that date has officially moved to April 2027.
The fact that Tesla has had to push back deliveries once again proves one of two things: either Tesla has slow production plans for the new Cybertruck trim, or demand is off the charts.
Judging by how Tesla is already planning to raise the price based on demand in just a few days, it seems like the company knows it is giving a tremendous deal on this spec of Cybertruck, and units are moving quickly.
That points more toward demand and not necessarily to slower production plans, but it is not confirmed.
Tesla Cybertruck’s newest trim will undergo massive change in ten days, Musk says
Tesla is set to hike the price on March 1, so tomorrow will be the final day to grab the new Cybertruck trim for just $59,990.
It features:
- Dual Motor AWD w/ est. 325 mi of range
- Powered tonneau cover
- Bed outlets (2x 120V + 1x 240V) & Powershare capability
- Coil springs w/ adaptive damping
- Heated first-row seats w/ textile material that is easy to clean
- Steer-by-wire & Four Wheel Steering
- 6’ x 4’ composite bed
- Towing capacity of up to 7,500 lbs
- Powered frunk
Interestingly, the price offering is fairly close to what Tesla unveiled back in late 2019.
Elon Musk
Elon Musk outlines plan for first Starship tower catch attempt
Musk confirmed that Starship V3 Ship 1 (SN1) is headed for ground tests and expressed strong confidence in the updated vehicle design.
Elon Musk has clarified when SpaceX will first attempt to catch Starship’s upper stage with its launch tower. The CEO’s update provides the clearest teaser yet for the spacecraft’s recovery roadmap.
Musk shared the details in recent posts on X. In his initial post, Musk confirmed that Starship V3 Ship 1 (SN1) is headed for ground tests and expressed strong confidence in the updated vehicle design.
“Starship V3 SN1 headed for ground tests. I am highly confident that the V3 design will achieve full reusability,” Musk wrote.
In a follow-up post, Musk addressed when SpaceX would attempt to catch the upper stage using the launch tower’s robotic arms.
“Should note that SpaceX will only try to catch the ship with the tower after two perfect soft landings in the ocean. The risk of the ship breaking up over land needs to be very low,” Musk clarified.
His remarks suggest that SpaceX is deliberately reducing risk before attempting a tower catch of Starship’s upper stage. Such a milestone would mark a major step towards the full reuse of the Starship system.
SpaceX is currently targeting the first Starship V3 flight of 2026 this coming March. The spacecraft’s V3 iteration is widely viewed as a key milestone in SpaceX’s long-term strategy to make Starship fully reusable.
Starship V3 features a number of key upgrades over its previous iterations. The vehicle is equipped with SpaceX’s Raptor V3 engines, which are designed to deliver significantly higher thrust than earlier versions while reducing cost and weight.
The V3 design is also expected to be optimized for manufacturability, a critical step if SpaceX intends to scale the spacecraft’s production toward frequent launches for Starlink, lunar missions, and eventually Mars.
Elon Musk hints Tesla investors will be rewarded heavily
Tesla drops latest hint that new Cybertruck trim is selling like hotcakes
