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The Latest Breaking News from RJ Scaringe

Rivian Stock Handed Buy Rating As Startup Launches Three New Vehicles With EV Demand In Question

Rivian revealed its R2 platform Thursday.

Investors Business Daily

Rivian has a huge bet on a new EV designed to steal buyers away from Tesla

The automaker is set to reveal its new "midsized" car on March 7.

The Street

The Rivian R2 Will Be Eligible For The $7,500 Tax Credit: CEO

RJ Scaringe said in an interview with Forbes that there’s a lack of choice in the EV space and that $48,000 is a pricing “sweet spot.”

InsideEVs

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Rivian's Affordable Small SUV Will Be Revealed March 7

Following a handful of teasers, the company took to X (formerly Twitter) to confirm a launch date for the R2.

Motor1

Rivian R2 Will Be Brand's 'Model 3 Moment'

Rivian is focused on launching the newer, smaller, and cheaper R2 in 2026. CEO RJ Scaringe anticipates that producing the vehicle will have Tesla Model 3-esque growing pains.

InsideEVs

Move over, Amazon: ATT strikes a new deal with Rivian

This EV maker is not letting the cloudy outlook on the sector get in its way.

The Street

Rivian Stock 2030 Forecast: Can RIVN Make It Big in the EV Industry?

Startup EV companies have fallen out of favor with investors amid concerns over demand and margin compression. However, the long-term forecast for Amazon-backed RIVN looks positive, and it might join the ranks of major EV producers by 2030.

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Top Tesla competitor has a major key that could bring EVs to everyone

Rivian Automotive is looking to get more people behind the wheel of their all-electric R1T pickup truck.

The Street

Elon Musk predicted EV startups Lucid and Rivian would both go bankrupt—at least one of them seems to be over the hump

Rivian now expects to build more than six times the number of electric vehicles that Lucid now aspires to for this year.

Fortune

Amazon has good news for a struggling electric vehicle maker

The e-commerce giant says it has doubled its fleet of custom-designed electric delivery vehicles to a total of 10,000 vehicles.

The Street

CEO of major Tesla rival isn't concerned about the coming Cyber Truck

"Our success doesn't require someone else's failure," he said.

The Street

Prominent Tesla rival is playing a very different game than Elon Musk

The chief executive of this growing rival thinks "the world's better because Tesla's here."

The Street

Rivian Has "Very Clear" Path To Profitability, CEO Says

Rivian has burned through half of its $18 billion cash reserve, but CEO RJ Scaringe says EV maker has a "very clear" set of steps that get it to profitability.

InsideEVs

Rivian CEO Scaringe Talks Competition And Strong Demand In EV Market

Rivian CEO Scaringe discusses rising competition in EV market and strong demand for their vehicles.

Zenger

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The Street

This EV maker is reportedly losing $33K on every truck it sells

An interesting marketing strategy is leading to huge sales losses for a big EV manufacturer.

InsideEVs

Rivian CEO Says "Not A Lot Of Overlap" Between Tesla Cybertruck, R1T

RJ Scaringe said about the Cybertruck that it's "great to see something that's so different," but suggested Tesla's truck will not compete directly with R1T.

Zenger

Rivian Automotive Not Concerned About Tesla’s Cybertruck, Says CEO Scaringe

Rivian CEO Unfazed by Tesla's Cybertruck, Focusing on Scaling EV Production

The Street

Jim Cramer is excited about an electric vehicle stock — and it's not Tesla

The CNBC host cites a positive note from a Wall Street analyst about the electric vehicle company.

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InsideEVs

Rivian CEO Hints At Leasing Options That Will Unlock $7,500 Tax Credit

Speaking about the IRA’s application, the car manufacturer’s boss said that “it works great for leasing,” adding that “$7,500 does work.”

InsideEVs

Rivian Hires Ex-Porsche North America CEO Kjell Gruner As Sales Chief

The decision, which was announced by the EV startup on Friday, comes after Gruner made an abrupt exit “at his own request” in July.

InsideEVs

Rivian Prepping Adaptive Battery Range Tracking, Drone Mode Software Updates

Since launching the R1T in 2021, the California-based EV manufacturer has pushed 22 major software updates.

InsideEVs

Tesla Bull Sees Rivian As “One Of The Core EV Players Over The Next Decade

After posting its Q2 results, Rivian bumped its production guidance to 52,000 units for this year, up by 2,000 units from the previous estimate.

Investors Business Daily

Is Rivian Stock A Buy Or A Sell With $5.8 Billion Volkswagen Joint Venture Finalized?

The stock has declined about 56% this year.

InsideEVs

Rivian Will Not Join Tesla And Lucid In Cutting Prices To Spur Sales

Rivian CEO RJ Scaringe said the company has plenty of orders for the R1T and R1S that will take "deep into 2024" to fulfill at the current production rates.

InsideEVs

Buying An ICE Vehicle Is “Like Building A Horse Barn In 1910”: Rivian CEO

Rivian's CEO said that, typically, a vehicle is a person's second-largest asset, so buying an ICE-powered one “absolutely has no future in our society.”

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