Connect with us

Hi, what are you looking for?

Business / Economy News

Musk, Tesla Rival EV Dealer Rivian to Open Dealership, Warehouse in Orlando

ORLANDO, Fla. — Electric vehicle manufacturer Rivian is accelerating its expansion on the East Coast with the opening of a new dealership and service warehouse in Orlando. This move intensifies competition with industry leader Tesla, which is currently facing market uncertainty due to a change in federal policy.

The California-based EV company has signed a lease for a 34,938-square-foot facility located at 4000 Shader Road, which is now fully occupied by Rivian. The site, previously used as a call center since 2004, had remained vacant since the early days of the COVID-19 pandemic. The new location will serve as both a maintenance and vehicle delivery hub, marking Rivian’s first physical retail presence in the Orlando area.

The property is part of the Shader Logistics Center and was leased through CBRE on behalf of the landlord, Ultimate Realty. Joe Sabbagh, the founder of Ultimate Realty, noted, “We see the Shader Logistics Center asset as a prime example of the opportunity for underused, but viable, hybrid office space in the current macro environment. This project demonstrates how these properties can be repositioned to add value and revitalize local communities on a long-term basis.”

Rivian plans to employ approximately 25 staff members at the facility, which will support regional delivery and service operations while also allowing customers to shop and purchase vehicles directly on-site. This move aligns with the company’s strategy to build a nationwide network of service and sales centers as it aims to deliver between 40,000 and 46,000 electric trucks and SUVs by 2025.

This expansion comes at a time of financial improvement for Rivian. The company reported a $541 million net loss in the first quarter of 2025, a significant reduction from the $1.45 billion loss experienced in the same period the previous year. Company leadership remains optimistic about its growth trajectory, especially with new products, such as the R2 SUV, on the way.

In contrast, Rivian’s biggest rival, Tesla, is facing new challenges following former President Donald Trump’s announcement during a campaign event that, if re-elected, he would end federal subsidies for Tesla and other electric vehicle manufacturers. This news caused Tesla’s stock to drop significantly, contributing to a multi-day decline on Wall Street. Shares of the automaker fell by more than 7% in premarket trading on Wednesday after the announcement, adding to existing investor concerns about declining margins and slowing EV demand in key markets.

Tesla has long benefited from federal tax credits for electric vehicle purchases, which have played a crucial role in its early dominance. The potential removal of these incentives under a second Trump administration introduces new uncertainty for the company’s business model in the U.S.

Despite still posting losses, Rivian is positioning itself as a viable challenger in the EV market by forming partnerships with Amazon and pursuing a direct-to-consumer approach in key metropolitan areas like Orlando.

As the 2026 election season intensifies and electric vehicle policy becomes a political battleground, Rivian’s investment in growth in Florida—a state with a rising population and increasing car demand—could be pivotal in establishing a stronger national presence.

*The link takes you to this product on Amazon. We are on Amazon Associates. As an Amazon Associate, we may earn a small percentage from qualifying purchases.
*The link takes you to this product on Amazon. We are on Amazon Associates. As an Amazon Associate I earn from qualifying purchases.

Archives

Related Articles

Popular Stories

The National Grocers Association (NGA) has expressed optimism regarding the U.S. Senate’s revised approach to reforming the Supplemental Nutrition Assistance Program (SNAP). In a...

Trending News

In May, over 100 pharmacies closed across the U.S., with 137 shutdowns reported by ScrapeHero.com compared to just 81 new openings. Walgreens led the...

Trending News

Walmart continues to dominate Supplemental Nutrition Assistance Program (SNAP) spending, capturing approximately 25% of all dollars spent through the program, according to a new...

Trending News

ORLANDO, FL — A futuristic pedestrian bridge project on International Drive is one step closer to reality after Orange County Commissioners voted unanimously on...

Advertisement
Florida Daily
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.

HOW WE COLLECT E-MAIL INFORMATION:

If you sign up to subscribe to Florida Daily’s e-mail newsletter, you will provide us your e-mail address and name, voluntarily, and we will never obtain any of your contact information that you don’t voluntarily provide.

HOW WE USE AN E-MAIL ADDRESS IF YOU VOLUNTARILY PROVIDE IT TO US:

If you voluntarily provide us with your name and email address, we will use it to send you one email update per weekday. Your email address will not be given to any third parties.

YOUR CONTROLS:

You will have the option to unsubscribe to our E-mail update at anytime by clicking an unsubscribe link that will be provided in each E-Mail we send.