• balance sheet: 7.8B

• revenue: 4.9B

• operating income: -5.8B

• people love R1T & R1S

• people like SUVs move

• rivian has announced R2 with expected release date in H1 2026

• they are trying to release R2 earlier than in H1 2026

• they got at least 60K pre-orders (maybe 100K)

• it is boxy shaped car

• it is adventure themed car

• it is ev from ground up

• access to tesla chargers

• R1T & R1S have been recently updated to make manufacturing easier / cheaper

• VW deal

cons

• it is a bit expensive (45K starting price)
• there is a lot of competition available already
• R2 will negatively affect current sales of R1