More Power for a Price. First and foremost, Rivian says these unlockable features will only be available to second-gen R1 owners. Right now, buyers of these newer EVs can add the
Rivian R1S is an Adventure Edition model, finished in Limestone over Black Mountain vegan leather. It just sold at auction for $34,550 under MSRP
I took my Rivian R1S on a 15,000-mile road trip across the US with Tesla adapters, conquering snow, remote areas, and charging challenges, here’s how it went.
Rivian Automotive Inc (NASDAQ: RIVN) is in focus today after reporting its first quarterly gross profit, indicating it’s succeeding in cutting variable costs and improving the overall efficiency of its operations.
The electric vehicle industry is growing at a rapid pace. The U.S. saw a 7% jump in EV sales last year and despite soaring competition, two EV players have been the talk of the town. Tesla (NASDAQ: TSLA) is known as an EV maker that brought the latest technology to town.
The stock dropped in response, but investors are now feeling more optimistic about the company's prospects. That's helping to drive shares higher today. After jumping as much as 7.5%, shares remained higher by 3.7% at 1:45 p.m. ET.
I sold my Tesla for a BMW i4, expecting a refined driving experience, but the tech left me frustrated, now I’m holding out for the Rivian R3X, hoping it finally delivers the seamless innovation I’ve been missing.
Rivian said Thursday it plans to launch a hands-off version of its driver assistance system for highway driving "in a few weeks," and an "eyes-off"
With some of the best deals to date, now may be the time. Rivian lowered R1S lease prices earlier this month to just $599 for 36 months, with $8,493 due at signing (30,000 miles). The offer is for the new 2025 R1S Adventure Dual Standard, which starts at $75,900.
Rivian's strong earnings beat, first-ever gross profit, and surging software revenue boost its outlook. Click here to find out why RIVN stock is a Buy.
TWO major car firms have joined up with a £4.5billion investment in a bid to rival Tesla with new EVs. An industry giant has partnered with an electric vehicle start-up company to help with the
Funding concerns are likely a big factor in today's valuation. With a share price just below $14.50, Rivian stock is valued at just 3x sales -- a deep discount to Tesla's 12.7x sales valuation. But funding concerns could soon be over.