Rivian R2 Production Begins, Deliveries Start as Startup Raises 2026 Guidance
Rivian began R2 deliveries June 9, beating Q2 guidance with 12,194 units delivered. The $57,990 Performance Launch Edition goes head-to-head with Tesla Model Y.
Rivian Stock Crashes 18% on $1.5B Dilutive Share Sale to Fund R2 SUV Production
Rivian stock plunged 18% on July 7, 2026, after announcing a $1.5B share offering to fund R2 SUV production, highlighting the EV startup financing crisis.
California EV Rebate Exempts Rivian & Lucid From $50K Cap, Excludes Tesla
California’s $3,500 EV rebate waives the $50K price cap for Rivian and Lucid but not Tesla, despite Tesla’s massive CA manufacturing presence.
Rivian Raises 2026 Delivery Forecast to 70,000 as R2 Demand Beats Expectations, Stock Jumps 8%
Rivian raised its 2026 delivery target to 70,000 vehicles after Q2 beat guidance with 12,194 deliveries. Stock jumped 8% as Tesla fell 7.5%.
Rivian 2025 Vehicle Deliveries Fall Below Forecast as EV Demand Faces Pressure
Currently, Rivian is facing pressure in the electric car market, such as delivering fewer than expected vehicles by the end of 2025. The company had produced 42,247 vehicles which is slightly below the expectations of the analysts. Additionally, Rivian is working on a cheaper model that will roll out early in 2026. Cost management and […]