News
Rivian R1T’s Max Pack + Quad-Motor configuration will be unavailable starting 2023
Rivian sent out letters to Max Pack preorder holders, informing them of some changes to their configurators in 2023.
According to the letter, the Rivian R1T’s Max Pack battery will only be available with a Dual-Motor AWD configuration in 2023. The Max Pack + Quad-Motor configuration will not be “selectable” in Rivian’s configurator by next year.
“This update introduces a more energy dense Max pack design that pairs with our Dual-Motor drive system to deliver long range with outstanding performance at a lower price point. Making this change supports our continued focus on simplifying the production process as we scale,” wrote Rivian.
In Rivian’s visualizer, The R1T is available in Dual-Motor AWD and Quad-Motor AWD drive systems. The Quad-Motor R1T costs an additional $8,000 in the United States and $11,000 in Canada. The Rivian R1S also comes with Dual-Motor and Quad-Motor AWD drive systems. The Quad-Motor R1S also costs an additional $8,000 in the United States and $11,000 in Canada.
The EV startup offers three battery packs for the Dual-Motor AWD R1T. The Standard Pack has an estimated range of 260+ miles, while the Max Pack has a range of up to 400 miles for an additional $16,000 in the U.S. and $21,750 in Canada. In the middle is Rivian’s Large Pack, which has an EPA estimate of 328 miles and costs an additional $6,000 in the United States and $8,250 in Canada. Rivian Quad-Motor AWD R1T orders can only be paired with the Large battery pack.
Rivian offers only the Standard and Large battery packs for the R1S. The Quad-Motor R1S is only available with the Large pack, which costs an additional $6,000.
Standard vs Enhanced Dual-Motor AWD R1T
Rivian also offers an enhanced version of Max Pack + Dual-Motor AWD with the same range but better performance. The enhanced Dual-Motor R1T has 700 HP, quicker 0-60 mph at 3.5 seconds. In comparison, the standard Dual-Motor R1T has 600 HP and runs 0-60 mph in 4.5 seconds. Both standard and enhanced Dual-Motor AWD R1T variants have 11,000 lbs of towing capacity.
“For price committed customers who preordered before 3/1/2022, choosing standard Dual-Motor AWD will lower your current price by $4,500 while the enhanced version will lower it by $2,000,” noted Rivian in its letter.
“Deliveries are planned to start at the end of summer in limited volumes and will ramp through the end of the year. We will prioritize Max pack preorder holders for our earliest Dual-Motor deliveries where it’s possible.”
Rivian’s price changes might differ between the United States and Canada.
Upgraded Quad-Motor R1T + Max Pack
The unavailability of Rivian’s Max pack + Quad-Motor R1T seems temporary. The EV automaker plans to launch a Quad-Motor variants with “additional capability” with the Max batter pack in the future.
For preorder holders who want to maintain their Quad-Motor configuration, Rivian advises them to change to the Large battery pack. The company notes that switching to a Large battery pack might accelerate their delivery date to early 2023.
Rivian has made a few changes to its customer options this year. In August, Rivian discontinued its Explore Package option and encouraged customers to upgrade. The Explore Package was the more affordable option offered to Rivian customers. The only package available on Rivian’s R1T and R1S order pages is the Adventure Package.
The Adventure Package for the R1T starts at $73,000 in the United States and $98,500 in Canada. For the R1S is costs it starts at $78,000 in the U.S. and $105,250 in Canada. Recently, Rivian removed customers’ Adventure Gear options with their R1T and R1S orders. Now customers must purchase the Adventure Gear options separately.
Read Rivian’s letter below.
If you have any tips, contact me at maria@teslarati.com or via Twitter @Writer_01001101.
Tesla Cybercab units finally got a definitive date for when they will be able to be purchased by consumers, ending speculation regarding whether the fully autonomous vehicle would be available in the near term.
During Tesla’s third-quarter 2026 earnings call on October 21, Vice President of Engineering Lars Moravy said the company is aiming to begin delivering its purpose-built Cybercab robotaxi to customers before year-end.
🚨 In short, Cybercabs are slated to go to customers by end of the year. All units are going into Robotaxi fleet currently, per @larsmoravy
Cybercab will be “transport-as-a-service,” but vast majority of Cybercab will be “Tesla-owned,” @elonmusk says https://t.co/R8Qu8QWdmp
— TESLARATI (@Teslarati) October 21, 2026
“We’re trying to get Cybercabs to customers by the end of this year, 2026,” Moravy said. He added that production is underway on the line at Gigafactory Texas, but “all of those are currently going to our own internal Robotaxi fleet.”
Moravy explained that as operations scale, Tesla will “mainly deliver fully designed autonomous vehicles to our customers,” with the Cybercab as the first such vehicle. Initial customer deliveries will start small while the company gains experience with delivery logistics, ownership models, fleet management, and operating autonomous vehicles outside its direct control.
CEO Elon Musk reinforced the limited nature of private sales, describing the Cybercab primarily as a “transport-as-a-service” offering rather than a personal ownership vehicle like the Model 3, Model Y, or upcoming Roadster. “The vast majority of the Cybercab stuff will be Tesla-owned and transport-as-a-service,” Musk said.
The Cybercab is a two-seater vehicle developed by Tesla without a steering wheel or pedals. It relies completely on Tesla’s Full Self-Driving suite and has been in production since February. Early units have been put in Tesla’s Robotaxi service as of early September, when the company launched rides to the public. Tesla previously indicated it would aim to sell Cybercabs for about $30,000.
Unsupervised Full Self-Driving is expected to ship to consumer cars during Q2 2027, Ashok Elluswamy, Tesla’s Head of AI, indicated during the call. Early buyers or fleet operators may receive vehicles whose autonomous operation remains geographically restricted due to lagging regulatory agencies. There are some hurdles that remain ahead of Cybercab deliveries.
Tesla (NASDAQ: TSLA) reported its earnings for the third quarter of 2026, marking a reasonable performance on the various financial metrics. Tesla still plans to hold a call that will field investor questions at 5:30 p.m. ET, 4:30 p.m. CT.
Here’s where Earnings came in:
- Total Revenues: $28.046 reported vs. $28.34B expected
- Non-GAAP EPS: $0.48 reported vs. $0.45 expected
- Operating Margin: 2.6 % reported vs. 2.5% expected
- Operating Income: $718M reported vs. $721M expected
- Free Cash Flow: $1.531B reported vs. ~-$4.51B expected
Tesla $TSLA Earnings Results:
Revenues: $28.046B
Non-GAAP EPS: $0.48
Operating Margin: 2.6%
Operating Income: $718M
FCF: $1.531B— TESLARATI (@Teslarati) October 21, 2026
Major Takeaways
Full Self-Driving (Supervised)
“FSD (Supervised)⁴ attach rate continued to grow, reaching over 75% of new vehicle deliveries in North America – our most mature market – a nearly twenty percentage point sequential increase. We believe that FSD is driving demand in markets where it is available, and we continue to work with regulators to get it approved in other markets.”
Tesla Semi
“We began volume production of Tesla Semi, our Class 8 heavy-duty truck. The top variant can go 500 miles at full 82,000 lbs gross combination weight while achieving an efficiency of 1.7 kWh/mile. That efficiency allows the Tesla Semi to use a third of the energy used by a comparable diesel truck to haul the same payload. In a transportation market where energy is one of the largest components of total cost per mile, this will provide a meaningful advantage to Tesla Semi operators.”
SI Compute
“We plan to reach 400 MW of SI training compute by the end of the year, supporting the development of both vehicle and humanoid robot autonomy software. Additionally, we continued construction for the Austin Fab, where we plan to start commissioning equipment in 2027.”
Robotaxi
“We began deployment of Cybercab into our Robotaxi fleet in Austin. We reached nearly two million cumulative unsupervised miles for our Robotaxi service as of the end of the quarter. Operating hours in Austin are now 6am to midnight, and we expect to reduce wait times via increased fleet supply and improvement of Robotaxi orchestration algorithms. Grok is available in Cybercab with access to Grok Bot and Connectors, which allows users to manage their inbox, calendars, files, chats and tasks – all hands free via voice command – making Cybercab a mode of transport, a productivity space and, with our entertainment options, a second living room.”
Interested in ordering a Tesla? Use my referral code for three free months of Full Self-Driving (Supervised) here.
Tesla (NASDAQ: TSLA) reports its earnings for Q3 today. Here’s what to expect, as the company will reveal its balance sheet after the market closes on Wednesday.
Tesla already reported deliveries just after Q3 ended, and it demolished Wall Street consensus estimates of roughly 462,000 vehicles. Tesla delivered 486,532 cars in the third quarter, which was a big beat, but was down 2.1 percent from the same quarter last year. Energy storage deployments were 13.7 GWh, up year-over-year.
Tesla showrooms picked clean ahead of Q3 end as demand looks strong
For the quarter, analysts have already compiled their predictions for what Tesla will report this afternoon:
- Total Revenues: $28.34B
- Non-GAAP EPS: $0.43
- Operating Margin: 2.5%
- Operating Income: $721M
- Free Cash Flow: ~-$4.51B
Here are a few things we are looking forward to hearing about on the call:
Automotive Gross Margin and Overall Profitability
This was 16.3 percent in Q2, down from 19.2 percent in Q1, and was impacted by warranty charges and some fading regulatory credits. Consensus implies overall gross margin near 18 percent, but a miss here would potentially reinforce concerns about pricing pressure on its vehicles.
Pay attention to energy storage margins as well, especially since Tesla missed GWh expectations, although it was still a strong quarter.
Robotaxi/Cybercab, Unsupervised FSD, and Optimus Progress
The Say questions from retail investors usually focus on these types of projects, and this quarter is no different. Scaling the Cybercab fleet beyond Austin amid the open NHTSA safety review, timeline for Unsupervised FSD in customer cars, Robotaxi unit economics, and Optimus cost per unit plus when it could start generating revenue, are all things to be looking for.
Any concrete timelines or regulatory path details will likely move the stock more than the near-term numbers. SpaceX merger speculation, which was detailed during SpaceX’s earnings call last night, may also surface, although the key details were shared last night.
Elon Musk just confirmed the Tesla and SpaceX merger step everyone was waiting for
Say Investor Questions
- How does the Cybercab fleet scale past Austin, and what’s the regulatory path outside Texas given NHTSA’s open safety review?
- When can we anticipate FSD unsupervised in customer cars?
- When will the CyberCab be available for customer purchase/ownership?
- What’s the unit economics per paid robotaxi mile, and how does it compare to the thirty-cent target?
- Tesla has acknowledged that HW3 vehicles cannot support unsupervised FSD. When will owners know whether they can upgrade their hardware for free, and when will Tesla provide a clear plan?
The full Earnings Call will be streamed this evening after market close around 5 p.m. this evening.
Tesla Cybercab gets a for sale date at last
Tesla Q3 2026 Earnings results: in-line revenues, slight beat on EPS
