Rivian is preparing owners to use Tesla Superchargers fitted with the “Magic Dock” in its newest Over-the-Air update.
Tesla opened select Superchargers in the United States to other electric vehicle manufacturers last month, which has been a successful program thus far.
The decision by Tesla to open various charging piles around the U.S. to other EV makers helps it qualify for a slice of $7.5 billion in government funding, which required charging makers to develop non-specific or non-dedicated chargers that were only operational with set manufacturers.
Tesla makes its own chargers and has long held a sizeable advantage in EV charging due to the sheer size of its infrastructure and its dependability.
Now, Rivian is helping owners take advantage of the Supercharger Network by adding locations in the in-car navigation.
As a part of Rivian Software Update 2023.10.00, Tesla Superchargers will now appear in Rivian’s in-car navigation:
“Your vehicle now shows select Tesla Supercharger locations with a Magic Dock in the Navigation app’s charger filters. A Magic Dock allows you to charge your Rivian at select Tesla Supercharger locations. These locations also show in the Rivian mobile app version 1.12 or later. To charge at a Tesla Supercharger, you need to download the Tesla app.”
Select Rivian owners have already utilized the Supercharger Network run by Tesla, and reviews have been mixed thus far. The most notable is that of well-known tech reviewer Marques Brownlee, who said his experience was chaotic due to the congestion the program could cause.
“Suddenly, you’re taking up two spots for what would normally be one,” he said.
The Superchargers are already optimized for Tesla vehicles, which have their port located on the rear of the vehicle. Other cars are forced to double park or park awkwardly to take advantage of the charging system.
“If I was like a huge Tesla person I would probably be worried about you know my own Tesla experience,” Brownlee added. “Will it get worse because more people are charging? Potentially, you’ll have more people waiting in line more people taking up more spots.”
Rivian is also adding a new TuneIn Premium Trial, giving owners a year of free service. Plug and Charge will also allow a more seamless experience at Rivian Adventure Network and Waypoint Chargers.
Rivian’s full 2023.10.00 release notes are available below (via Rivian.Software):
New TuneIn Premium Trial
An exclusive TuneIn Premium trial for 365 days is now available for Rivian customers. With TuneIn Premium you have access to:
- Every MLB and NHL game. Live. No blackouts.
- Nonstop news coverage. Commercial free.
- Less ads on 100,000 radio stations.
Note: You may lose access to TuneIn Premium channels unless you activate the free trial or have a Premium account.
Tesla Supercharger Network Now Available In Navigation Charger Filters
Your vehicle now shows select Tesla Supercharger locations with a Magic Dock in the Navigation app’s charger filters. A Magic Dock allows you to charge your Rivian at select Tesla Supercharger locations. These locations also show in the Rivian mobile app version 1.12 or later. To charge at a Tesla Supercharger, you need to download the Tesla app.
Plug and Charge
This release enables vehicle Plug and Charge functionality when charging on the Rivian Adventure Network and Waypoint Chargers, in order to provide a seamless experience.
Note: This feature will be introduced on the Rivian Adventure Network and Waypoint Chargers on a rolling basis.
New Third Row Fan Control (R1S ONLY)
The second- and third-row seats now have separate controls for your convenince. For access, choose the temperature with the Fan icon on the center display. Then choose Middle to access the second-row climate controls, or choose Back to access the third-row fan controls.
Additional Improvements
- Highway Assist has been improved to reduce the frequency of hands-on warnings when Highway Assist is active in stop-and-go traffic scenarios. You still must remain attentive and should be prepared to take control of the vehicle at any time while Highway Assist is engaged. For more information, please see the Owner’s Guide.
- You can now open and close your liftgate with the mobile app version 1.12 and later (R1S ONLY)
- You can now open your tailgate with the mobile app version 1.12 and later (R1T ONLY)
- Improved range loss when a phone key is near the vehicle for long periods of time.
- Improved phone key and key fob proximity unlocking consistency.
- You can now toggle exterior lock sound on and off. Choose Settings > Vehicle > Access > Lock Sound (exterior).
- Added a text label to state your key fob’s battery level inside of Settings > Drivers and Keys. The indicator text will appear when the battery level is medium or low only.
- Hotspot Improvements
- You can now choose the Hotspot button in the status bar to toggle the hotspot on or off and open hotspot settings.
- Fixed an issue where quickly toggling the hotspot on and off indefinitely disabled it until you restarted the vehicle.
- Media Fixes and Improvements
- You can scroll through your Favorites with the left thumb control on the steering wheel.
- Fixed a rare issue where TIDAL crashed when trying to perform a text search.
- Fixed an occasional issue where the Bluetooth media player showed the incorrect play/pause state.
- Fixed an occasional issue where the radio wouldn’t resume playing after returning to your vehicle within five minutes.
- After you remove the charging cable, the charge port door no longer automatically closes after 30 seconds. The charge port door closes automatically when you drive the vehicle. You can also manually close it from the center display or using the sensor on the charge port door.
- Fixed an issue where an erroneous notification was shown when attempting to use Adaptive Cruise Control while stability control was disabled in vehicle settings.
- Fixed a rare issue that caused inconsistent lane centering when Highway Assist was active.
- Fixed an occasional issue where you would see an unrelated notification when switching between day and night mode.
- Fixed a very rare issue that caused an internal loss of communication when turning on a vehicle, which drained the 12 V batteries.
Elon Musk
SpaceX (SPCX) IPO is live today at $135: Here’s exactly what you need to know
SpaceX priced its historic IPO at $135 per share today, raising a record $75 billion.
SpaceX officially priced its initial public offering at $135 per share, offering 555,555,555 shares of Class A common stock and raising $75 billion in what is the largest IPO in stock market history. Shares are set to begin trading on the Nasdaq Global Select Market on Friday, June 12, under the ticker symbol SPCX. The previous record holder was Saudi Aramco’s 2019 offering at $29 billion, followed by Alibaba’s $22 billion offering in 2014.
At $135 per share and roughly 555.6 million shares, the implied valuation sits near $1.75 trillion, which would make SpaceX roughly the seventh largest company in the United States, just above Tesla’s current market cap. Regular investors can request shares at the IPO price through Robinhood, Fidelity, Charles Schwab, SoFi, and E*TRADE, though the deal is heavily oversubscribed and most retail allocations will be partial or unfilled. Once trading opens June 12, anyone with a brokerage account can buy SPCX on the open market.
SpaceX’s amended S-1 is sparking a major Tesla merger conversation
The valuation is anchored primarily by Starlink. Starlink crossed 10 million subscribers as of February 2026 and is adding 750,000 to 1.5 million new users per month, with the connectivity segment already posting a $1.19 billion profit last quarter. The offering also bundles in xAI following SpaceX’s all-stock merger earlier this year, adding Grok and the Colossus supercomputer to the investment thesis. As Teslarati reported, Starlink ended 2025 with $10 billion in revenue, a figure analysts project could reach $24 billion by end of 2026.
Wedbush analyst Dan Ives has been vocal in his support. “I think the time is right,” Ives said, adding that the offering expands the Elon Musk ecosystem rather than competing with Tesla. An average 12-month price target of $165 per share represents roughly 22% upside from the IPO price. Not everyone agrees – Motley Fool noted xAI is spending $1 billion per month playing catch-up to OpenAI and Anthropic.
Musk founded SpaceX in 2002 with a single stated purpose. “Elon founded SpaceX with a goal to change humanity, to make us a multi-planet species,” CFO Bret Johnsen said in the company’s retail roadshow video this week. Musk himself has been more direct: “We are building the systems and technologies necessary to provide global connectivity on Earth and beyond, to understand the true nature of the universe, and to extend the light of consciousness to the stars.”
Investor's Corner
Tesla unfolded its first European “folding Supercharger”
Tesla’s folding Supercharger just arrived in Europe and it changes how fast charging expands.
Tesla’s Folding Unit Supercharger has officially landed in Europe, with the company teasing a new installation in its effort for a broader rollout targeting major motorway rest stops across the European continent in Q3 2026. The arrival marks a notable shift in how Tesla is thinking about network expansion, moving from hardware performance alone to engineering the logistics chain itself.
While Tesla did not reveal the exact location for the new folding Supercharger in Europe, the photo shared on X heavily suggests that this maybe somewhere in Norway. Historically, whenever Tesla rolls out an entirely new infrastructure architecture in Europe, whether it was the original Supercharger stalls years ago or these brand-new modular V4 “Folding Units”, Norway is almost always the designated launch pad because of its unmatched EV adoption rate and supportive infrastructure
The Folding Unit, introduced in March 2026, is a factory pre-assembled V4 charging station built on an industrial hinge system mounted to a heavy-duty concrete base. The entire assembly arrives on site ready to unfold and connect. Tesla confirmed the units feature telescopic light poles specifically designed for easy transportation and fast on-site deployment, a detail that signals how carefully the logistics chain has been engineered alongside the hardware itself. The design allows 33% more stalls per delivery truck, cuts installation time roughly in half, and reduces overall deployment costs by more than 20% compared to traditional installations.
Tesla’s newest “Folding V4 Superchargers” are key to its most aggressive expansion yet
Tesla also noted telescopic light poles which provide benefits over traditional Supercharger installations that require fixed-height poles that are awkward to ship, slow to position on site, and often require separate crews and equipment to erect before charging hardware can even be staged. By engineering poles that compress for transit and extend on arrival, Tesla has removed one of the quieter bottlenecks in the physical deployment process. Every hour saved on a light pole installation is an hour redirected toward getting stalls energized. At scale, across dozens of new sites per quarter, those hours add up to a meaningful acceleration in how quickly a location goes from approved permit to serving its first customer.
Each Folding Unit pairs a single V4 power cabinet with eight charging posts. The V4 cabinet delivers up to 500 kW per stall for passenger vehicles and up to 1.2 MW for the Tesla Semi, supporting twice the stalls per cabinet at three times the power density of its predecessor. Longer cables make every new station immediately usable by non-Tesla vehicles, a priority as Tesla continues opening its network to Ford, GM, Rivian, Hyundai, Stellantis, and others.
As Teslarati reported when the Folding Unit was first unveiled, Tesla’s Gigafactory New York produced its final V3 Supercharger cabinet in March 2026 after more than seven years and 15,000 units, completing a full pivot to V4 production. The European arrival of the folding design is the next chapter in that transition.
Faster and cheaper deployment means Tesla can justify building in markets and corridors that were previously too expensive to serve, filling the coverage gaps that have slowed EV adoption outside major urban centers.
First Folding Unit Superchargers in Europe 🇪🇺 https://t.co/KNfYWJukkL pic.twitter.com/YR1udIpH1i
— Tesla Charging (@TeslaCharging) June 10, 2026
Tesla has stunned by gaining yet another approval for its Full Self-Driving suite in Europe, its second in two days and its fifth overall.
Belgium will be the latest country to allow Tesla owners to utilize FSD on public roads in Europe, joining a quickly growing list that started with the Netherlands, Lithuania, and Estonia.
On Tuesday, Denmark announced its approval of the FSD suite, which has now been followed by Belgium just one day later.
The country’s Minister of Mobility, Annick De Ridder, announced the approval on her X account, stating that she had just signed the approval of Tesla FSD. It now goes to the country’s homologation department for the last step of the approval process.
De @Tesla community houdt hier al geruime tijd de vinger aan de pols over de toelating voor de FSD-technologie op onze Vlaamse en Belgische wegen.
Uit waardering voor jullie niet-aflatende interesse (en aanmoediging 😉), krijgen jullie hierbij de primeur: ik heb net de toelating… pic.twitter.com/Yrps4OHTj8— Annick De Ridder (@AnnickDeRidder) June 10, 2026
The Belgian approval is one of mighty importance because it truly shows how quickly countries in Europe could greenlight the FSD suite consecutively. Approvals are already coming in relatively quickly, which is a great sign.
Perhaps the next big development that could come from FSD approvals in Europe is an approval from a country like England, Italy, France, Spain, or Germany. It would be something to see how FSD would perform in a major European metro, such as London, Barcelona, Madrid, Paris, Rome, or Berlin.
Getting Full Self-Driving in Spain and England will be such huge milestones for Tesla. I am so excited to see how FSD performs in Madrid, Barcelona, and London, specifically.
The ultimate test will always be Mumbai or New Delhi. Excited for India’s eventual approval! https://t.co/paw9Ch1qmL pic.twitter.com/9RdDERVSSJ
— TESLARATI (@Teslarati) June 9, 2026
Full Self-Driving does an excellent job of roaming around major U.S. cities like New York and Los Angeles, but other high-profile international cities of significance would truly mark a line in the sand for Tesla, which can simply enable any vehicle in its customer-owned fleet to run FSD with the correct approvals.
SpaceX (SPCX) IPO is live today at $135: Here’s exactly what you need to know
Tesla unfolded its first European “folding Supercharger”
