President Trump tells Fox News’s Sean Hannity that he encouraged Elon Musk to build the next Tesla factory in Austin, Texas.
Tesla’s competitor Rivian is expected to start delivering its two electric vehicles in the summer of 2021, tech news website TechCrunch reported Friday, citing emails to potential buyers.
Rivian will begin delivering his R1T truck and R1S SUV in June 2021 and August 2021, according to the emails, according to TechCrunch. Rivian did not immediately confirm the reports to FOX Business.
The automaker is taking $ 1,000 preorders for the $ 69,000 pickup and the $ 72,000 SUV, though it has not released preorder numbers, electric transportation news website Electrek reported in January.
However, Rivian has committed 100,000 electricity delivery vehicles to Amazon by 2030 as part of the e-commerce giant’s climate commitment.
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Cybertruck, Tesla’s entry into the electric SUV market, is also expected to launch in 2021, Electrek reported.
| Heart | Security | Latest | Change | Change% |
|---|---|---|---|---|
| TSLA | TESLA INC. | 1,417.00 | -96.07 | -6.35% |
The automaker is selling a single-engine version of the Cybertruck for $ 40,000; a dual-engine version for $ 50,000; and a trimotor version for $ 70,000. Pre-orders require a $ 100 refundable reservation fee.
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Tesla recently filed a lawsuit accusing Rivian of stealing employees and business secrets.
The company founded by Elon Musk discovered “an alarming pattern among Tesla employees who recently left to join Rivian,” the lawsuit said. “As Tesla now knows, Rivian instructed a recently departed Tesla employee about the types of Tesla confidential information that Rivian needs.”
The case, filed in state court in San Jose, California, claimed that Rivian has hired a total of 178 former Tesla employees.
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A Rivian spokesman called the lawsuit “unfounded” in a statement to FOX Business.
“Rivian is made up of high-performance, mission-driven teams, and our business and technology model is based on many years of engineering, design and strategy development,” said the spokesperson.
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