Rivian recently announced its upcoming attendance at Outdoor Retailer’s Summer Market in Denver, Colorado, continuing their embrace of the outdoor adventure community and the company’s “electric outdoor adventure” narrative.
“Our team is headed back to @OutdoorRetailer next week—this time with the #R1T. Look forward to seeing old friends and meeting new ones. Check http://OutdoorRetailer.com for information on how to attend this industry-only event,” the startup’s official Twitter account revealed.
The Outdoor Retailer event is the largest outdoor industry trade show in North America and is primarily focused on business-to-business networking. Three shows are organized by the brand each year – the Summer Market, the Winter Market, and the Snow Show. This year’s Summer Market takes place June 18-20 at the Colorado Convention Center.
Rivian will be joined by other retailers at the outdoor sports show showcasing innovative and unique gear, apparel, and accessories to include adventure travel, backpacking, camping, hiking, climbing, skiing, and snowboarding, among others. The theme of the event and products offered by other attendees are well matched to Rivian’s own tech and branding. The car maker has frequently displayed an impressive tent attachment on the back of the R1T truck, and several features on the vehicle are specifically aimed at carrying gear for camping, hiking, and other similar outdoor activities. For instance, the R1T has a unique tunnel through the middle of the vehicle that can carry things like snow boards, and there are adjustable cargo racks that easily attach/detach from the roof or on top of the truck bed.
Rivian’s attendance at the Summer Market comes on the heels of their appearance at Amazon’s re:MARS tech expo in Las Vegas. The all-electric car maker also attended the New York International Auto Show and the Overlander Expo West in Flagstaff, Arizona this year.
At each event, new details about the company’s upcoming R1T pickup truck and R1S SUV were revealed, including a portable kitchen built for the R1T gear tunnel and their vehicles’ integration with Amazon’s Alexa digital assistant for voice commands. Rivian sent two team members on a Memorial Day trip to Sedona, Arizona to promote the R1T, kitchen set, and tent attachment via the company’s social media accounts; however, no further details have yet been provided on the Alexa functionality.
In addition to expo appearances, Rivian may have a test drive tour in the works. An attendee of the New York International Auto Show spoke with the company’s team, including CEO RJ Scaringe, and claimed the possibility of a roadshow was discussed that would give potential customers a chance to experience the R1T and R1S while driving. A job posting for a “Test Driver” on Rivian’s website also seemed to confirm this plan, the description for which included “ride and drive demos of Rivian vehicles (Marketing Events, Customer Trade Shows),” among other responsibilities.
As interest in Rivian’s vehicles continues to grow, especially the R1T, Tesla also has its own pickup truck in the works that’s set to be unveiled this summer. It remains to be seen whether the two companies’ vehicles will attract the same customer base – Tesla CEO Elon Musk has often referenced a cyberpunk styling that may not appeal to a wide audience. There is a definite question of price competitiveness, though. Musk recently revealed Tesla’s truck will be priced at $49k or less, while Rivian’s R1T is said to start at $69,000. Rivian’s vehicles are set to be delivered sometime next year, and no timeline has yet been set for the Tesla pickup truck.
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Elon Musk has updated his timeline for when humans will walk on Mars and for when ships will simply get there.
The objective of getting to Mars has been one of Musk’s biggest goals since becoming a serial entrepreneur and realizing that time on Earth is limited. Musk has said several times he hopes to die on Mars, and not by impact.
Musk now believes that people will be on Mars in “roughly 5 to 7 years.” He said that a Mars lander will get there “a few years sooner.”
People on Mars in roughly 5 to 7 years.
Mars lander a few years sooner.
— Elon Musk (@elonmusk) July 29, 2026
The response from Musk comes after NASA Administrator Jared Isaacman said that SpaceX’s biggest priority is the Moon and not Mars. Because of this, Isaacman conceded that he believes nuclear power and propulsion investments will provide “potentially the pathway with the fewest miracles required to put four people on Mars in the next 10 to 15 years.”
Of course, this is what NASA can do through taxpayer funding and nuclear investments, he added.
Musk’s grand ambitions are much more optimistic than most, and it is certainly a double-edged sword. This is not the first time timelines for Mars have been somewhat lofty, especially to those normal thinkers like you and me, not super geniuses like Musk.
In fact, the SpaceX and Tesla frontman has said on at least a dozen occasions that we could be on Mars in the coming years. Musk said 2020 would be the big year as early as 2009. In 2020, he was “highly confident” of a landing in 2026, and had even said 2024 in a best-case scenario.
The point is, the range has varied, and it’s anyone’s guess when we’ll get there. This latest adjustment to the timeline is typical of Musk, and while the Moon has seemingly taken priority over Mars, it is still worth mentioning that the ultimate goal is to make life multiplanetary, and it starts potentially with the Red Planet.
SpaceX (NASDAQ: SPCX) got an absolutely crazy price target rating from Raymond James after the company experienced a tough first few weeks following its Initial Public Offering (IPO).
Despite the tumultuous start, SpaceX has plenty of believers, and the company’s massively successful Starship launch last Friday, its 13th test flight of the massive rocket, went so smoothly that Raymond James analysts pushed its price target on the company to roughly 7 times its current trading level.
SpaceX Starship just nailed something it’s never done before
The firm officially put a “Strong Buy” rating and an $800 price target on the stock. It currently trades at around $113. Its all-time high is $225.64, reaching this trading level shortly after shares first went public.
Raymond James’ price target is tied to the firm’s confidence after Starship’s 13th test flight. Analysts at the firm said it was an incremental step that reduces engineering risks, citing the widely successful heat shield test that CEO Elon Musk recently detailed, the smooth deployment of Starlink V3 satellites, and a successful in-space engine relight.
SpaceX also managed to see Starship splash down safely in the Indian Ocean, while the Super Heavy Booster fell down to the Gulf of America with no incidents.
It is interesting to see these launches have such a tremendous impact on the stock and what investors think of it. After SpaceX initially delayed the Starship launch last week, shares fell tremendously. Most probably did not realize that the stand-down is a standard practice, especially if everything is not perfect.
The mission was initially aborted due to an issue with Raptor engines. This was resolved, and Starship launched last Friday after another delay on Thursday, which was caused by weather.
Now that analysts have seen what SpaceX launches are capable of and how impressive the feat is, firms are adjusting their price targets accordingly, making it known that they have high expectations for the space exploration company.
Tesla CEO Elon Musk has responded to reports that Volvo is officially discontinuing the LiDAR sensor on two of its cars.
Volvo announced that it would officially scrap LiDAR systems on its EX90 and ES90 vehicles in various markets. In Norway, owners will get a €1,800 compensation for features that will never arrive due to this decision. There will be no option to remove the unit from vehicles, either.
The issue stems from Volvo’s supplier, Luminar, and its bankruptcy filing. Luminar will no longer be able to supply LiDAR units to Volvo for the EX90 and ES90, effectively axing any use the unit has on vehicles. Volvo will phase out the data collection processes via the LiDAR system, and it will not be utilized whatsoever.
Musk saw the story on X and responded, stating:
“I did try to warn them. Humans drive using neural nets and optical sensors. Same is true for robot cars.”
I did try to warn them.
Humans drive using neural nets and optical sensors. Same is true for robot cars.
— Elon Musk (@elonmusk) July 29, 2026
Musk has been publicly vocal about his disdain for LiDAR systems, once calling them “a fool’s errand,” as he has consistently kept the outlook that they are not needed for effective self-driving.
The typical example used as evidence for this by Musk is humans themselves: made with only eyes and memories, humans are capable of navigating a car by using what they can see and what they’ve personally experienced on the road.
Elon Musk argues lidar and radar make self driving cars more dangerous
“Same is true for robot cars,” Musk says, as Teslas have eight exterior cameras that help see everything surrounding the vehicle, and a neural network that analyzes behavior and tendencies with every mile driven.
Tesla is a vision-only self-driving company that ditched sensors and radar several years ago in favor of cameras. Behind this effort, the company has established a reputation for having one of the most robust self-driving platforms in the world.
Musk’s big bet with Tesla on its self-driving program’s strategy has widely paid off. Other companies continue to utilize things like LiDAR, radar, and sensors for effective self-driving, but Tesla has shown that there is more than one way to give consumers a strong and accurate driver assistance suite.
The real question is: who will be the first company to take Musk’s advice and attempt a self-driving platform based on cameras only, or even license FSD for themselves?
Elon Musk updates the SpaceX timeline for Mars
SpaceX gets an absolutely crazy price target after rough IPO
