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Rivian R1T pickup truck will be a viable commercial fleet vehicle, analysts weigh in
Rivian has branded itself as a luxury electric vehicle-maker for outdoor enthusiasts, but auto industry analysts have recently seen another promising use for the company’s upcoming products: fleet vehicles.
The R1T has over 800 lb-ft of torque, nearly 1800 lbs of payload capacity, and the ability to tow around 11,000 lbs, making it a vehicle capable of serious work in nearly any industry currently utilizing trucks for business purposes in company fleets.
However, even Rivian’s largest battery pack, which boasts an impressive 400 miles of range, doesn’t quite meet the range expectations that truck customers expect from their gasoline and diesel-powered vehicles. This particular customer base, of course, isn’t Rivian’s immediate target as it first enters the market, but the Michigan-based car maker is already piquing broad interest in its vehicles, and industry professionals are taking note.
Not every potential Rivian truck customer will see limited mileage as a reason to choose diesel-power over battery-electric power, as predicted by some auto experts assessing the company’s market appeal. Companies whose travel needs are limited to short trips to job sites, for example, could put things like torque, load capacity, and fuel savings higher on the list of priorities than range for commuting. These are areas where Rivian’s R1T shines.
“EV pickups may best be suited for commercial fleets, such as those owned by energy companies,” Michelle Krebs, executive analyst for Autotrader, was quoted as saying by the Detroit Free Press (DFP). “Fleets operating in clearly defined areas, such as metro Detroit, could be ideal. Short distances and a good charging infrastructure might also make EV pickups practical for construction and mining companies.”
Pickup trucks make up the largest part of the vehicle market in the United States, accounting for nearly 3 million sales last year, meaning that a startup like Rivian has a lot to gain if it’s able to tap into the consumer base in a meaningful way. Amazon and Ford appear to have already seen the potential in Rivian’s electric skateboard platform via their combined $1.2 billion dollars investment in the company. Jeff Bezos, CEO of Amazon, recently commented about Rivian’s mission and voiced his support for the company.
“As with most of our major investments, and acquisitions, we’re always looking for mission-driven entrepreneurs — missionaries instead of mercenaries. And the guy who leads the company, a guy named R.J., is one of the most missionary entrepreneurs I’ve ever met,” Bezos said, referring to Rivian’s CEO R.J. Scaringe.
These kinds of positive assessments for all-electric trucks in the auto market would also carry over into Tesla’s future prospects as well for its truck. Admittedly, details surrounding the Blade Runner-inspired vehicle are sparse; however, CEO Elon Musk has mentioned possible stats that would offer incredible worksite capabilities. As teased, the Tesla Truck will have 400-500 miles of range per charge, dual motor AWD, a 240-volt connection for heavy-duty tools, and up to 300,000 pounds of towing capacity. The unveiling is said to take place later this year.
Both of Rivian’s vehicles – the R1T truck and the R1S SUV – are currently open for pre-order via the company’s website. Production and deliveries are anticipated to begin in 2020.
News
Tesla begins Robotaxi certification push in Arizona: report
Tesla seems serious about expanding its Robotaxi service to several states in the coming months.

Tesla has initiated discussions with Arizona transportation regulators to certify its driverless Robotaxi service in the state, as per a recent report from Bloomberg News. The move follows Tesla’s launch of its Robotaxi pilot program in Austin, Texas, as well as CEO Elon Musk’s recent comments about the service’s expansion in the Bay Area.
The Arizona Department of Transportation confirmed to Bloomberg that Tesla has reached out to begin the certification process for autonomous ride-sharing operations in the state. While details remain limited, the outreach suggests that Tesla is serious about expanding its driverless Robotaxi service to several territories in the coming months.
The Arizona development comes as Tesla prepares to expand its service area in Austin this weekend, as per CEO Elon Musk in a post on X. Musk also stated that Tesla is targeting the San Francisco Bay Area as its next major market, with a potential launch “in a month or two,” pending regulatory approvals.
Tesla first launched its autonomous ride-hailing program on June 22 in Austin with a small fleet of Model Y vehicles, accompanied by a Tesla employee in the passenger seat to monitor safety. While still classified as a test, Musk has said the program will expand to about 1,000 vehicles in the coming months. Tesla will later upgrade its Robotaxi fleet with the Cyercab, a two-seater that is designed without a steering wheel.
Sightings of Cybercab castings around the Giga Texas complex suggests that Tesla may be ramping the initial trial production of the self-driving two-seater. Tesla, for its part, has noted in the past that volume production of the Cybercab is expected to start sometime next year.
In California, Tesla has already applied for a transportation charter-party carrier permit from the state’s Public Utilities Commission. The company is reportedly taking a phased approach to operating in California, with the Robotaxi service starting with pre-arranged rides for employees in vehicles with safety drivers.
News
Tesla sets November 6 date for 2025 Annual Shareholder Meeting
The automaker announced the date on Thursday in a Form 8-K.

Tesla has scheduled its 2025 annual shareholder meeting for November 6, addressing investor concerns that the company was nearing a legal deadline to hold the event.
The automaker announced the date on Thursday in a Form 8-K submitted to the United States Securities and Exchange Commission (SEC). The company also listed a new proposal submission deadline of July 31 for items to be included in the proxy statement.
Tesla’s announcement followed calls from a group of 27 shareholders, including the leaders of large public pension funds, which urged Tesla’s board to formally set the meeting date, as noted in a report from The Wall Street Journal.
The group noted that under Texas law, where Tesla is now incorporated, companies must hold annual meetings within 13 months of the last one if requested by shareholders. Tesla’s previous annual shareholder meeting was held on June 13, 2024, which placed the July 13 deadline in focus.
Tesla originally stated in its 2024 annual report that it would file its proxy statement by the end of April. However, an amended filing on April 30 indicated that the Board of Directors had not yet finalized a meeting date, at least at the time.
The April filing also confirmed that Tesla’s board had formed a special committee to evaluate certain matters related to CEO Elon Musk’s compensation plan. Musk’s CEO performance award remains at the center of a lengthy legal dispute in Delaware, Tesla’s former state of incorporation.
Due to the aftermath of Musk’s legal dispute about his compensation plan in Delaware, he has not been paid for his work at Tesla for several years. Musk, for his part, has noted that he is more concerned about his voting stake in Tesla than his actual salary.
At last year’s annual meeting, TSLA shareholders voted to reapprove Elon Musk’s compensation plan and ratified Tesla’s decision to relocate its legal domicile from Delaware to Texas.
Elon Musk
Grok coming to Tesla vehicles next week “at the latest:” Elon Musk
Grok’s rollout to Tesla vehicles is expected to begin next week at the latest.

Elon Musk announced on Thursday that Grok, the large language model developed by his startup xAI, will soon be available in Tesla vehicles. Grok’s rollout to Tesla vehicles is expected to begin next week at the latest, further deepening the ties between the two Elon Musk-led companies.
Tesla–xAI synergy
Musk confirmed the news on X shortly after livestreaming the release of Grok 4, xAI’s latest large language model. “Grok is coming to Tesla vehicles very soon. Next week at the latest,” Musk wrote in a post on social media platform X.
During the livestream, Musk and several members of the xAI team highlighted several upgrades to Grok 4’s voice capabilities and performance metrics, positioning the LLM as competitive with top-tier models from OpenAI and Google.
The in-vehicle integration of Grok marks a new chapter in Tesla’s AI development. While Tesla has long relied on in-house systems for autonomous driving and energy optimization, Grok’s integration would introduce conversational AI directly into its vehicles’ user experience. This integration could potentially improve customer interaction inside Tesla vehicles.
xAI and Tesla’s collaborative footprint
Grok’s upcoming rollout to Tesla vehicles adds to a growing business relationship between Tesla and xAI. Earlier this year, Tesla disclosed that it generated $198.3 million in revenue from commercial, consulting, and support agreements with xAI, as noted in a report from Bloomberg News. A large portion of that amount, however, came from the sale of Megapack energy storage systems to the artificial intelligence startup.
In July 2023, Musk polled X users about whether Tesla should invest $5 billion in xAI. While no formal investment has been made so far, 68% of poll participants voted yes, and Musk has since stated that the idea would be discussed with Tesla’s board.
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