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The end of the third quarter is approaching as EV makers prepare for a crucial stretch into the end of the year. Several EV stocks, including Rivian (RIVN) and Fisker (FSR), are climbing Tuesday on optimistic delivery expectations.

Rivian stock rises on buy rating, Q3 delivery expectations

According to recent Experian Data, Rivian is outpacing other EV startups through July, claiming 2.8% of the market.

Rivian recorded 2,750 R1T and R1S registrations in July, a slight improvement over its monthly average of 2,596.

After easily surpassing Q2 expectations, with production up 50% (13,992) and deliveries rising 60% (12,640), Rivian raised 2023 guidance to 52,000 units.

At Morgan Stanley’s annual Laguna Conference earlier this month, Scaringe said the EV maker “rounded the corner.”

Despite this, Rivian’s stock slipped almost 20% from mid-month following the consensus Q3 delivery estimate falling from 15,000 to 14,000, according to FactSet.

At least one analyst believes Rivian will beat expectations. Baird analyst Ben Kallo placed a buy rating on Rivian stock Tuesday, according to Barrons.

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Rivian R1T (Source: Rivian)

Kallo wrote in a report, “Concerns regarding third-party reports of weakening demand have led to recent weakness in the stock and we believe underlying demand remains strong with production improving.” He added:

We see Q3 deliveries as a near-term catalyst and expect sentiment to improve as Rivan continues to realize cost benefits from an improving supply chain and the use of in-house components.

Rivian introduced its Enduro drive units and LFP battery packs in the second quarter, which has been a “key enabler” of near-term production performance, according to Scaringe.

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Rivian stock chart 12 months (Source: TradingView)

The analyst placed a $30 price target on Rivian’s stock, suggesting around 34% upside. Shares of Rivian are up almost 6% Tuesday. However, they are still down over 34% over the past year.

Fisker ramps EV deliveries

Another EV maker’s stock is rising today; after Fisker announced it had built over 5,000 Ocean electric SUVs, the EV maker expects to ramp deliveries to 300 units per data later this year.

Earlier this month, Fisker said it had built 3,123 electric models. With around 1,900 units built in the last three weeks, that’s about 100 per day.

Rivian-Fisker-stock
Fisker Ocean electric SUV (Source: Fisker)

Fisker has delivered over 900 vehicles to customers in the US and Europe, with “several hundred more expected to be delivered this week.”

CEO Henrik Fisker commented on the progress, saying:

As we complete the third quarter and move into the fourth, we are preparing to significantly increase our pace of deliveries in the US and Europe.

The recent Experian data ranked Fisker last with 37 total registrations in the US so far this year. But, the company delivered its first EV in the US in June and had 30 new registrations in July.

The EV maker said it aims to produce between 20,000 and 23,000 Ocean EVs this year in August, down from its previous guidance of 32,00 to 36,000.

At 300 per day, that would amount to nearly 23,000 vehicles in the fourth quarter (assuming six days of production) for a total of around 28,000 this year.

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Fisker stock chart 12 months (Source: TradingView)

Fisker’s stock has also slipped over the past few weeks, falling 25% from mid-month. Following the news Tuesday, Fisker’s stock jumped 11%.

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Tesla is bleeding AI talent to a small new robotics start-up

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Tesla is bleeding AI talent to a small new robotics start-up

Tesla’s AI and robotics divisions are facing a significant “brain drain” as a stealth startup called Sunday Robotics emerges with a roster of engineers from Tesla’s Optimus and Autopilot teams.

We are used to seeing Tesla executives leave, especially to other AI giants, as the competition ramps up and large compensation packages are being thrown around left and right.

However, this feels different. Sunday Robotics isn’t a Fortune 500 company poaching Tesla engineers with big packages. It is a tiny startup that just came out of stealth with a funding round that would be a rounding error in Tesla’s financials.

Sunday Robotics officially emerged from stealth today, announcing $35 million in funding led by Benchmark and Conviction.

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The startup, founded by Stanford roboticists Tony Zhao and Cheng Chi (Zhao previously interned at Tesla Autopilot), has recruited an impressive bunch of senior Tesla engineering leadership.  

The list of departures includes:

  • Nishant Desai: an almost 5-year veteran at Tesla’s machine learning team working on Autopilot and FSD.
  • Nadeesha Amarasinghe: The former Engineering Lead for AI Infrastructure at Tesla. He was responsible for the massive backend systems that train FSD and Optimus. He was at Tesla for moer than 7 years.
  • Perry Jia: A key engineer on the Optimus and Autopilot programs. He spent almost 6 years at Tesla and led the data engine programs. Now, he leads Data Operations at Sunday.

This isn’t just random attrition. Sunday Robotics has effectively poached a “full stack” of robotic and AI engineers from Tesla.

They also recruited other employees from Tesla, and it wouldn’t be surprising to see more join, as Jason Peterson, a talent recruiter for Tesla’s Optimus and Robotaxi programs, confirmed that he also left Tesla in September to join Sunday.

What is Sunday Robotics?

So, what are these engineers leaving Tesla to build?

Sunday Robotics is taking a different path than Tesla’s general-purpose humanoid. Their debut robot, Memo, is a wheeled domestic robot designed for household chores such as cleaning dishes and folding laundry.  

By ditching the legs (Optimus is bipedal), Sunday claims they can focus entirely on dexterity and reliability. The robot is trained on a massive dataset of 10 million behavioral episodes, which the company claims gives it a “ChatGPT moment” for physical movement.  

The most interesting technical divergence from Tesla is how Sunday collects data.

Tesla relies heavily on VR teleoperation suits to train Optimus. Operators wear motion-capture suits and mimic tasks in a lab. It’s high-fidelity, but it’s slow and expensive. Tesla now claims to also train just on video.

Sunday Robotics has a different approach this with a $200 ‘Skill Capture Glove’. They distributed these gloves to hundreds of ordinary people (“Memory Developers”) who recorded themselves doing chores in their own messy homes.  

This allowed Sunday to crowdsource 10 million episodes of real-world data, messy kitchens, weird lighting, and cats jumping on counters at a fraction of the cost of Tesla’s teleoperation labs.

The gloves also reflect Memo’s much less complicated hands, which can make them more reliable and cheaper.

Electrek’s Take

Elon Musk is telling anyone willing to listen that Tesla is ahead of the competition when it comes to “real-world AI” and robotics.

He claims that Tesla will start producing Optimus robots in the millions of units starting next year and it will eventually “end poverty.”

Not many people who are serious about robotics take these claims seriously.

Many other companies are developing humanoid robots, and Tesla shows no evidence of being ahead of the pack, while there are still many obstacles to make them useful at scale.

A company like Sunday has a less ambitious but more realistic approach that could pay off, and it is convincing some Tesla engineers to jump ship.

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Arkansas turns on its first-ever utility-scale wind farm

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Arkansas turns on its first-ever utility-scale wind farm

Cordelio Power’s 135 MW Crossover Wind farm is officially up and running in Cross County, Arkansas, west of Memphis, Tennessee. It is now officially the first operating wind farm in Arkansas.

“We are proud to announce that Crossover Wind is now generating electricity as the first utility-scale wind project in the state of Arkansas,” said Nick Karambelas, Cordelio Power’s chief development officer.

The project will deliver 100% of its power to Microsoft under a 20-year power purchase agreement. Independent power producer Cordelio says Crossover will pay about $950,000 a year to Cross County and more than $50 million to local landowners over the project’s lifetime without disrupting farming practices.

“We’re especially thankful for the strong collaboration from Cross County officials, landowners, and the broader community, which has been instrumental in bringing this project to life,” Karambelas added.

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M.A. Mortenson handled the construction, and Vestas supplied 32 US-made V-163 4.5 MW turbines. Vestas will also handle long-term operations and maintenance.

Cordelio acquired the project in late 2023 from Steelhead Americas, Vestas’ North American development arm, which started development in 2020.

Read more: Solar and wind are covering all new power demand in 2025


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Anker SOLIX C2000 Gen 2 power station hits new $679 low + PowerCore Reserve at $80, Mammotion RTK robot mowers from $649, more

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Anker SOLIX C2000 Gen 2 power station hits new 9 low + PowerCore Reserve at , Mammotion RTK robot mowers from 9, more

We’re kicking off this week’s Green Deals with a continued Black Friday extravaganza – with this issue containing a mix of single-focus deals and massive roundups. Our headliner comes as part of Anker’s SOLIX Black Friday Sale, with the brand launching a 4-day flash sale on a small selection of power stations, including the latest SOLIX C2000 Gen 2 Portable Power Station at a new $679 low. Right behind that, we have a nice array of Mammotion RTK Robot Lawn Mowers at some of their lowest prices at Amazon and Wellbots starting from $649, as well as Anker’s popular PowerCore Reserve 60,000mAh/192Wh Portable Power Station at $80. There’s also EV charging lows from Schumacher, a massive Greenworks Black Friday roundup, Best Buy’s collection of daily deals, and much more waiting for you below. And don’t forget about the hangover deals from last week that are collected together at the bottom of the page in our latest edition of Electrified Weekly.

Head below for other New Green Deals we’ve found today and, of course, Electrek’s best EV buying and leasing deals. Also, check out the new Electrek Tesla Shop for the best deals on Tesla accessories.

Anker’s 4-day SOLIX Black Friday flash sale drops latest C2000 gen 2 power station to new $679 low ($820 off)

As part of its expanded Black Friday Sale, Anker SOLIX is offering 4-day flash savings on four different bundles, three of which are keeping the same low prices while switching up the FREE gear you’ll be getting with them, while one is actually dropping costs lower than before. That latter deal mentioned is on Anker’s new SOLIX C2000 Gen 2 Portable Power Station for $679.15 shipped, which also matches in price at Amazon. It’s been carrying a $1,499 price tag since launching at the end of October, with the discounts we’ve seen in its short time on the market having dropped costs to $799 and $749, until the brand’s Black Friday event first brought things lower to $699. Now, you can score it at an even better price, with $820 cut from the tag for a new all-time low rate. Head below for more on this unit and the others benefiting from this flash sale.

Not only does Anker’s SOLIX C2000 Gen 2 power station come as an upgrade from the legacy F2000 unit, but right now it’s even beating out that older model’s price by $120, making this deal all the better. This new model comes more compact and lighter than before with a starting 2,048Wh LiFePO4 battery capacity that can expand up to 4,096Wh with an expansion battery (which you can find bundled on the station’s landing page). There are 11 ports to choose from for your needs (5x AC, 3x USB-C, and solo TT-30R, USB-A, and car ports), with it providing 2,400W to 4,000W of max output when surging.

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There are six main ways to recharge its own battery, with an AC outlet or a gas generator putting it at 100% in 88 minutes, while utilizing its max 800W solar input gets you there in up to three hours. You can also use both AC and solar charging at the same time to hit 100% in up to 58 minutes, or if you’re driving, either use your car’s auxiliary port for up to 23 hours or the new 800W alternator charger for faster speeds.

Anker’s SOLIX Black Friday 4-Day flash sale offers:

As I mentioned, there’s the massive lineup of Anker SOLIX Black Friday deals that you can view here, with increased savings up to 70% off, free gifts, and more starting from $150.

father and daughter planting tree in yard while Mammotion YUKA Mini 500H robot lawn mower cuts grass

Upgrade your lawn care with up to 35% Black Friday savings on Mammotion RTK robot mowers from $649

During Amazon’s Black Friday Sale event, the official Mammotion storefront is offering up to 35% savings across various models of its robot lawn mowers, with prices starting lowest on the YUKA Mini 500H Robotic Lawn Mower at $649 shipped. You’d have to shell out $999 for this model at full price, which discounts have previously dropped to this same low rate twice before, while others kept costs higher at $779 or more. Picking one up here not only automates your lawn care routine, but you’ll be doing so with $350 cut from the tag at the lowest price we have tracked. Head below for all the other Mammotion robot models we’re seeing discounted for the holidays.

If you want to learn more about this model or browse the full lineup of offers we’ve collected from Amazon and Wellbots, be sure to check out our original coverage of these deals here.

anker powercore reserve power station on picnic table charging laptop and iPhone

As part of the ongoing Amazon Black Friday Sale, Anker’s official storefront is offering its popular PowerCore Reserve 60,000mAh Portable Power Station back at $79.98 shipped in both colorways, which matches the price we’re seeing directly from the brand’s website. Fetching $150 at full price and regularly seeing Prime exclusive discounts to $110, it’s during major events like Black Friday (as well as random windows throughout other months) that we often see it dip below $100 to either $90 or $80, with there having been a once-off drop to the $75 low back in July that hasn’t been seen since. You’re getting the opportunity to score it at the next-best price this holiday season, cutting $70 off the going rate and giving you quite the portable means to keep personal devices up and running.

If you want to learn more about this compact backup power solution, be sure to check out our original coverage of this deal here.

Schumacher level 1 ev charger in trunk of car
Promotional image of Greenworks tools in large garage/warehouse
Best Buy Black Friday deals of the day featuring an e-scooter, lawn mower, more

Best Fall EV deals!

Best new Green Deals landing this week

The savings this week are also continuing to a collection of other markdowns. To the same tune as the offers above, these all help you take a more energy-conscious approach to your routine. Winter means you can lock in even better off-season price cuts on electric tools for the lawn while saving on EVs and tons of other gear.

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