Fiat Chrysler CEO Mike Manley hinted at an electric Ram pickup truck in the legacy automaker’s future. According to the Detroit Free Press, Manley did not offer any other details about Fiat Chrysler’s potential electrified Ram pickup, but he did note that such a vehicle will be coming.
“I do see that there will be an electrified Ram pickup in the marketplace, and I would ask you just to stay tuned for a little while, and we’ll tell you exactly when that will be,” Manley said during Fiat Chrysler Automobiles (FCA) Q3 earnings conference.
Manley’s recent statements hint at a bolder stance on electrification since in the second quarter. During FCA’s Q2 earnings call, Manley remarked that “Obviously, pickup trucks is a key franchise for us, and we’re not going to sit on the sideline if there is a danger that our position gets diluted going forward.”
Several automakers, from veterans like Ford and General Motors to newcomers like Tesla and Rivian, are going all-in on the electric pickup truck market. So far, GM has unveiled the gargantuan GMC Hummer EV, Ford has all but confirmed the work-focused F-150 Electric, Tesla has unveiled its futuristic Cybertruck, and Rivian is coming with the R1T, a luxury-adventure vehicle optimized for the outdoors.
FCA introduced two Jeep vehicles in its Q3 presentation that showed the steps it took toward electrifying its lineup, such as the Jeep Grand Wagoneer and Jeep Wrangler PHEV. Neither of the Jeep variants were all-electric. It seems FCA, at least for now, is taking baby steps towards an electric future, but everyone needs to learn to crawl before walking.
The Jeep Wagoneer will have an electrified powertrain, which does not make it an all-electric vehicle, though it does show some progress on FCA’s part. The electrified Jeep Wagoneer’s production will start in Q2 2021.
Then there is the Jeep Wrangler PHEV 4Xe, which seems like a more serious step toward electrifying the company’s fleet. It will have a 2.0-liter 4-cylinder engine like any traditional ICE vehicle, but the Wrangler PHEV will also be equipped with two electric motors with 400-volt and a 17kWh battery pack. The 17 kWh battery pack is expected to provide the vehicle with 25 miles of all-electric range.
Fiat Chrysler’s steps to electrify two Jeep variants may be a stepping stone toward the electrified Ram pickup truck. He did not specify if the electrified Ram would be all-electric, though given the current trend in the pickup market with the Tesla Cybertruck, Rivian R1T, and most recently, the GMC Hummer EV, it may be a missed opportunity if Fiat does not release an all-electric pickup truck.
Perhaps Fiat could turn to Tesla for inspiration or advice if it were planning to produce an all-electric Ram truck. After all the two companies are not exactly strangers. Fiat Chrysler, together with General Motors, has been buying regulatory credits from Tesla. Tesla’s regulatory credits help the FCA meet the European Union’s strict emissions regulations.
Tesla and the FCA’s deal proved fruitful nearly a year later in April 2020 when the International Council on Clean Transportation (ICCT) announced the partnership made up 39% of total EV registrations in Europe. From that achievement alone, FCA must have a good idea of a RAM EV’s potential in the US market, where pickup trucks are popular.
FCA sold 156,156 Ram pickup trucks in Q3 2020, recorded Good Car Bad Car. Compared to other pickup trucks sold in the United States in the third-quarter, the Ram pickup came in second after Ford’s F-series, which sold 221,647 trucks. The Ram pickup performed just as well in Q3 2019.
Demand for electric trucks have grown evident over time. Interest in newcomers to the pickup truck market, like Rivian and Tesla, reveal that there are customers interested in EV trucks. And the fact that GM seems to have gained some traction with its Hummer EV may be evidence that customers are also interested in seeing what legacy automakers could offer in the market. FCA could grab some of that potential momentum with an all-electric Ram pickup.
Elon Musk
Rumored SpaceX-xAI merger gets apparent confirmation from Elon Musk
The comment follows reports that the rocket maker is weighing a transaction that could further consolidate Musk’s space and AI ventures.
Elon Musk appeared to confirm reports that SpaceX is exploring a potential merger with artificial intelligence startup xAI by responding positively to a post about the reported transaction on X.
Musk’s comment follows reports that the rocket maker is weighing a transaction that could further consolidate his space and AI ventures.
SpaceX xAI merger
As per a recent Reuters report, SpaceX has held discussions about merging with xAI, with the proposed structure potentially involving an exchange of xAI shares for SpaceX stock. The value, structure, and timing of any deal have not been finalized, and no agreement has been signed.
Musk appeared to acknowledge the report in a brief reply on X, responding “Yeah” to a post that described SpaceX as a future “Dyson Swarm company.” The comment references a Dyson Swarm, a sci-fi megastructure concept that consists of a massive network of satellites or structures that orbit a celestial body to harness its energy.
Reuters noted that two entities were formed in Nevada on January 21 to facilitate a potential transaction for the possible SpaceX-xAI merger. The discussions remain ongoing, and a transaction is not yet guaranteed, however.
AI and space infrastructure
A potential merger with xAI would align with Musk’s stated strategy of integrating artificial intelligence development with space-based systems. Musk has previously said that space-based infrastructure could support large-scale computing by leveraging continuous solar energy, an approach he has framed as economically scalable over time.
xAI already has operational ties to Musk’s other companies. The startup develops Grok, a large language model that holds a U.S. Department of Defense contract valued at up to $200 million. AI also plays a central role in SpaceX’s Starlink and Starshield satellite programs, which rely on automation and machine learning for network management and national security applications.
Musk has previously consolidated his businesses through share-based transactions, including Tesla’s acquisition of SolarCity in 2016 and xAI’s acquisition of X last year. Bloomberg has also claimed that Musk is considering a merger between SpaceX and Tesla in the future.
Tesla analyst Gary Black of The Future Fund claims that the company is making a big mistake getting rid of the Model S and Model X. Instead, he believes another vehicle within the company’s lineup should be discontinued: the Cybertruck.
Black divested The Future Fund from all Tesla holdings last year, but he still covers the stock as an analyst as it falls in the technology and autonomy sectors, which he covers.
In a new comment on Thursday, Black said the Cybertruck should be the vehicle Tesla gets rid of due to the negatives it has drawn to the company.
The Cybertruck is also selling in an underwhelming fashion considering the production capacity Tesla has set aside for it. It’s worth noting it is still the best-selling electric pickup on the market, and it has outlasted other EV truck projects as other manufacturers are receding their efforts.
Black said:
“IMHO it’s a mistake to keep Tesla Cybertruck which has negative brand equity and sold 10,000 units last year, and discontinue S/X which have strong repeat brand loyalty and together sold 30K units and are highly profitable. Why not discontinue CT and covert S/X to be fully autonomous?”
IMHO it’s a mistake to keep $TSLA Cybertruck which has negative brand equity and sold 10,000 units last year, and discontinue S/X which have strong repeat brand loyalty and together sold 30K units and are highly profitable. Why not discontinue CT and covert S/X to be fully…
— Gary Black (@garyblack00) January 29, 2026
On Wednesday, CEO Elon Musk confirmed that Tesla planned to transition Model S and Model X production lines at the Fremont Factory to handle manufacturing efforts of the Optimus Gen 3 robot.
Musk said that it was time to wind down the S and X programs “with an honorable discharge,” also noting that the two cars are not major contributors to Tesla’s mission any longer, as its automotive division is more focused on autonomy, which will be handled by Model 3, Model Y, and Cybercab.
Tesla begins Cybertruck deliveries in a new region for the first time
The news has drawn conflicting perspectives, with many Tesla fans upset about the decision, especially as it ends the production of the largest car in the company’s lineup. Tesla’s focus is on smaller ride-sharing vehicles, especially as the vast majority of rides consist of two or fewer passengers.
The S and X do not fit in these plans.
Nevertheless, the Cybertruck fits in Tesla’s future plans. Musk said the pickup will be needed for the transportation of local goods. Musk also said Cybertruck would be transitioned to an autonomous line.
In a groundbreaking new report from Reuters, SpaceX is reportedly discussing merger possibilities with xAI ahead of the space exploration company’s plans to IPO later this year, in what would be a blockbuster move.
The outlet said it would combine rockets and Starlink satellites, as well as the X social media platform and AI project Grok under one roof. The report cites “a person briefed on the matter and two recent company filings seen by Reuters.”
Musk, nor SpaceX or xAI, have commented on the report, so, as of now, it is unconfirmed.
With that being said, the proposed merger would bring shares of xAI in exchange for shares of SpaceX. Both companies were registered in Nevada to expedite the transaction, according to the report.
On January 21, both entities were registered in Nevada. The report continues:
“One of them, a limited liability company, lists SpaceX and Bret Johnsen, the company’s chief financial officer, as managing members, while the other lists Johnsen as the company’s only officer, the filings show.”
The source also stated that some xAI executives could be given the option to receive cash in lieu of SpaceX stock. No agreement has been reached, nothing has been signed, and the timing and structure, as well as other important details, have not been finalized.
SpaceX is valued at $800 billion and is the most valuable privately held company, while xAI is valued at $230 billion as of November. SpaceX could be going public later this year, as Musk has said as recently as December that the company would offer its stock publicly.
The plans could help move along plans for large-scale data centers in space, something Musk has discussed on several occasions over the past few months.
At the World Economic Forum last week, Musk said:
“It’s a no-brainer for building solar-powered AI data centers in space, because as I mentioned, it’s also very cold in space. The net effect is that the lowest cost place to put AI will be space and that will be true within two to three years, three at the latest.”
He also said on X that “the most important thing in the next 3-4 years is data centers in space.”
If the report is true and the two companies end up coming together, it would not be the first time Musk’s companies have ended up coming together. He used Tesla stock to purchase SolarCity back in 2016. Last year, X became part of xAI in a share swap.
Rumored SpaceX-xAI merger gets apparent confirmation from Elon Musk
Tesla analyst claims another vehicle, not Model S and X, should be discontinued
