Rivian

Rivian stock fell 10% as the company sold 75 million shares to raise capital during extended hours trading. The stock had previously increased 8.1% on Monday following a 19.2% rise the previous week.

Tesla has launched a summer collection of car accessories, including a $595 dual-zone fridge for the Model Y, air mattresses, and tents. The products aim to boost post-purchase revenue and brand loyalty, leveraging standardized vehicle designs for accessory compatibility. The release comes amid competition from EV rivals like Rivian and Slate.

Mike Khouw provides a trade strategy involving Rivian and Tesla, influenced by his wife's recent automobile purchase. The article references the 'Holly Index' as part of analyzing the new EV Main Street competition.

Rivian delivered 12,194 vehicles in Q2, exceeding its forecast of 9,000 to 11,000 units and raising its 2026 delivery forecast.

Rivian has raised its 2026 delivery outlook to 65,000-70,000 EVs, up from 62,000-67,000 units, citing strong demand in the second quarter.

Rivian has increased its electric vehicle sales forecast for 2026 due to higher-than-expected production in Q2, following the launch of its R2 SUV last month.

Rivian CEO RJ Scaringe emphasizes his company's focus on innovation and design, aiming for comparisons to Apple rather than Tesla. Rivian faces financial challenges with an 88% stock decline since its 2021 IPO but has secured partnerships with Amazon, Volkswagen, and Uber. Scaringe highlights resilience amid past struggles, including supply shortages and a $250 million shareholder lawsuit settlement.

Rivian CEO RJ Scaringe warns carmakers focused on fossil fuel engines risk being technologically behind by the end of the decade, urging heavy investments in software to navigate a 'fork in the road' between short-term profits and long-term survival.

Slate, a Jeff Bezos-backed startup, announced its base electric pickup truck will start at $24,950, positioning it as the 'most affordable truck in America.' The vehicle features minimal tech, manual windows, and no touchscreen, with first deliveries expected by late 2026.

A Pennsylvania bill aims to allow electric vehicle manufacturers like Rivian to sell directly to consumers without dealerships, a model currently permitted only for Tesla. The legislation, passed by the House Commerce Committee, seeks to modernize laws that have restricted direct sales to Tesla since 2014. Support from EV manufacturers and opposition from some lawmakers highlight the debate over dealership safeguards and business models.

Rivian's R2 electric SUV, launched on June 9, 2026, is positioned as a critical product for the company's transition from an EV startup to a volume-selling brand. The R2 starts at $44,990, offers up to 300 miles of range, and includes Performance and Premium trims with various color and drivetrain options launching through 2027.

Rivian faces a class action lawsuit over claims it falsely advertised Level 3 autonomous driving capabilities in its Gen 1 R1T and R1S vehicles. Plaintiffs allege the company marketed these features as standard or upgradable via software, despite lacking the necessary hardware, leading to higher purchase prices and reduced vehicle value.

Rivian laid off approximately 2% of its workforce shortly after delivering the first R2 SUVs, a key new model with a lower price point.

General Motors and Rivian have highlighted advancements in managed, bidirectional electric vehicle charging through recent announcements. These developments emphasize the potential of the U.S. electric vehicle fleet for load management, supported by utilities and automakers.

Rivian is cutting less than 2% of its workforce, primarily in sales and marketing teams, as it focuses on achieving profitability. The layoffs coincide with the launch of its R2 midsize SUV, a critical product for the company's growth strategy. Affected employees are eligible for rehire, severance packages, and career-transition services.

Rivian is laying off hundreds of workers, less than 2% of its workforce, amid the R2 launch.

Rivian CEO RJ Scaringe announced the company will release supervised self-driving technology similar to Tesla's Full Self-Driving (FSD) later this year, with unsupervised hands-free driving planned for 2027. The technology will apply to Rivian's second-generation vehicles and the new R2 model, as part of a broader strategy that includes a robotaxi partnership with Uber.

General Motors shut down its Cruise robotaxi division in 2024 after a $10B investment but plans to develop autonomous driving technology for personal vehicles, aiming to introduce eyes-off highway driving in 2028. The company's chief product officer stated that its autonomy advancements could eventually support robotaxi services, with a focus on expanding operating regions to match those of dedicated robotaxi companies.

Rivian CEO RJ Scaringe founded a robotics company called Mind Robotics, which claims to have raised over $1 billion. The company's approach to humanoid robotics is described as different from Elon Musk's methods.

Rivian CEO RJ Scaringe explained that the R2 SUV was designed to avoid resembling Tesla's Model Y to provide more choice for EV buyers and establish Rivian's distinct brand identity. The R2, Rivian's most affordable electric vehicle, has three versions with deliveries starting in 2024 for the Performance model and delayed for the Standard and Premium versions.

Rivian stock closed down 6.6% on Tuesday as the company began delivering its lower-priced R2 SUV and announced an entry-level model. The stock decline occurred despite the historic first deliveries of the R2 SUV.

Rivian will deliver its first R2 Performance electric vehicles to public customers this week. The R2 Performance starts at $57,990.

Rivian is launching the R2 SUV to shift from a niche luxury EV manufacturer to a mainstream brand akin to Tesla. The R2 is intended to make Rivian a household name in the EV market.

The 2027 Rivian R2, the company's second SUV, is described as its best yet despite not being perfect. The article highlights Rivian's commitment to the EV market.

The article highlights the new tech mafia's event at Tosca, Peptides' arrival in NYC, and Grimes' connection to Matt Mahan. Additional mentions include Lizzo's presence in town, Mark Rober driving a Rivian, and The Waggle's comments on attendees of Yo-Yo Ma's SF Symphony performance.

Rivian is under investigation following rear suspension failures on R1 models, with two reported incidents where vehicles were lost due to a broken suspension component. Both affected vehicles had been previously serviced.

Wassym Bensaid, Rivian’s chief software officer and co-CEO of the RV Tech joint venture with Volkswagen, discusses the company’s software strategy, including the AI-powered Rivian Assistant and the new architecture for future EVs. Rivian is preparing to launch the more affordable R2 model and has shipped the Rivian Assistant in its R1 vehicles.

Rivian will begin delivering the R2 SUVs to customers on June 9. CEO RJ Scaringe has described this as 'maybe the most important thing we’ve launched to date.'

Mind Robotics, a Rivian spinoff, has raised $400M in additional funding, bringing its total raised to over $1 billion. The company was first revealed in late 2025. This significant investment suggests strong support for Mind Robotics' endeavors.

Rivian has added a new onboard AI assistant to its latest software update, compatible with both older and newer models. The AI is deeply integrated into the car's systems and can be activated with a button, icon, or trigger phrase. This update is available to all owners with a subscription or trial for Connect+.

Rivian's AI-powered voice assistant is rolling out to its vehicle fleet through a software update. The assistant is available to compatible Rivian Gen 1 and Gen 2 vehicle owners who subscribe to Connect Plus. The Rivian Assistant is powered by Rivian Unified Intelligence, a shared AI foundation.

Rivian is introducing its AI-powered voice assistant on all Rivian Gen 1 and Gen 2 vehicles and the upcoming R2 model. The voice assistant will be available across these models. This rollout highlights Rivian's focus on integrating advanced technology into its vehicles.

Rivian is working on more R2 variants of its electric SUV, with launch models competitively priced and a $45,000 version planned for next year. The company is also considering making its own lidar sensors in collaboration with a Chinese company. Rivian's new factory in Georgia will begin production in 2028.

Volkswagen has become Rivian's top shareholder, surpassing Amazon. The stake is part of a $5.8 billion joint venture between VW Group and Rivian. This partnership will continue to grow Volkswagen's stake in Rivian.

Uber CEO Dara Khosrowshahi discusses replacing drivers and himself with AI, and the company's expansion into new services such as hotel bookings and personal shopping. The company is also investing in autonomous cars and exploring the use of AI in software development. Khosrowshahi sees a future where AI plays a major role in the company's operations.

Also, a Rivian spinoff, is revolutionizing e-bikes in California with features like screens, software, and swappable seats. The company launched publicly last year with a $3,500 flagship product.

Rivian, an electric vehicle manufacturer, now allows users to disable all internet connectivity in their vehicles. This feature is detailed in a support article and discussed on Hacker News with 12 points and 2 comments.

Rivian reported a 20% year-over-year increase in vehicle sales (10,365 units) and a 30% rise in production (10,236 units) in Q1 2026 as R2 production begins. The company reaffirmed its 2026 sales target of 62,000-67,000 vehicles.

Rivian has revised its Georgia EV factory plans from 400,000 annual production capacity to 300,000 units due to a reduced $4.5 billion loan from the US Department of Energy (DOE), down from $6.6 billion. The company will still aim to reach the lower capacity faster than originally planned.

Rivian has reduced its Department of Energy loan to $4.5 billion for its Georgia factory, down from $6.6 billion, while increasing the factory's production capacity.