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The Latest Breaking News from RJ Scaringe

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.

The Street

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.

InsideEVs

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

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

Zenger

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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.

The Street

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

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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.

InsideEVs

Is Rivian Stock A Buy Or A Sell Amid December Rally?

RIVN shares have rallied since Nov. 25.

Investors Business Daily

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.”

InsideEVs

Rivian CEO Talks About European Expansion, Underpromising, And Overdelivering

During a recent interview Rivian's founder and CEO, RJ Scaringe, said that Rivian now has an operational base in Europe, which includes servicing and parts procurement.

InsideEVs

Rivian Starts Deploying Its Electric Van As Mobile Service Vehicle

Based on the Amazon Electric Delivery Vehicle (EDV), the Rivian Service Van (RSV) is capable of handling 80 percent of service and maintenance items.

InsideEVs

Rivian’s R2 Compact Electric SUV Will Be Smaller and More Affordable

Rivian’s CFO teased that its next EV, the R2, will be a smaller SUV falling between $40,000 and $60,000 price range.

Inverse

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InsideEVs

Rivian CEO Says Tank Turn Mode Not Coming To R1T And R1S After All

RJ Scaringe said in an Instagram Q&A that Tank Turn is a feature that's "so easily abused and so hard to make sure that we don't tear up trails."

InsideEVs

Covered Rivian R2 SUV Clay Model Shown For The First Time In Official Q&A Video

By the looks of it, the vehicle seems to be about 70 inches (1.77 meters) tall and – as some Rivian forums members pointed out – around 177 inches (4.5 meters) long.

InsideEVs

Rivian Showcases New Manual And Powered Tonneau Covers, Bike Pad

Rivian says the new powered tonneau covered is much quieter and much more robust than the original iteration, which has been often criticized by users.

InsideEVs

Rivian Betting On High R1S And R1T Prices Even As Competition Rises

Rivian CEO RJ Scaringe made his position clear on the earnings call earlier this week, saying that the company's "flagship" pricing isn't going anywhere.

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InsideEVs

Rivian Maintains 2023 Output Target As It Posts $1.35B Net Loss In Q1

Rivian's Q1 total revenues of $661 million beat Wall Street estimates, but the EV startup continues to burn through cash, posting a $1.35 billion net loss.

InsideEVs

Watch Rivian Test Its Dual-Motor Powertrain On Frozen Alaska Roads

In the social media post, an R1T electric pickup can be seen skidding quite gracefully on a huge ice- and snow-covered piece of Alaskan soil.

The Street

Tesla Rival Rivian Gets Breathing Room

Rivian, an electric-vehicle startup, raised additional capital to finance its operations.

InsideEVs

Rivian To Open Its EV Charging Network To The Public

Rivian is following Tesla by deploying a proprietary network of DC fast chargers and Level 2 chargers, and it's moving more quickly than you might expect.

InsideEVs

Rivian May Make R1T Electric Pickup Truck Much More Functional

The R1T is one of only a few electric pickup trucks available today. While there's a lot to like, it's not the best work truck, but some tweaks may change that.

InsideEVs

Rivian CEO RJ Scaringe Discusses What's Next After R1T And R1S

Rivian will follow on from the success of the R1S and R1T with the more affordable R2 lineup, which could play a key role in any European plans.

The Street

Rivian Stuns Investors With Very Bad News

The EV upstart, seen as a serious rival to Tesla, plans to raise additional capital to finance its operations. The stock falls.

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People

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