The companies announced an investment and joint-venture package of up to $5.8 billion. It validated demand for Rivian’s technology, but the package combined distinct forms of investment and funding—not revenue already earned.
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The partnership supports a software contribution to a 2030 valuation, subject to future paid work.
Rivian announced its first public R2 deliveries. The initially orderable Performance model started at $57,990; demand for later, lower-priced versions was not yet established.
Rivian reported $179 million in consolidated gross profit for Q2, while automotive gross profit remained negative $36 million. Its filing identifies $106 million of automotive regulatory-credit revenue; excluding it yields a negative $142 million automotive gross-profit sensitivity.
Rivian announces a sharp increase in Q3 deliveries
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By zachariah· 2,946 words
rivian stock projection by 2030?
Rivian and Volkswagen announce joint venture
[12]The companies announced an investment and joint-venture package of up to $5.8 billion. It validated demand for Rivian’s technology, but the package combined distinct forms of investment and funding—not revenue already earned.
The partnership supports a software contribution to a 2030 valuation, subject to future paid work.
First public R2 customer deliveries begin
[7]Rivian announced its first public R2 deliveries. The initially orderable Performance model started at $57,990; demand for later, lower-priced versions was not yet established.
Rivian raises equity despite positive consolidated gross profit
[4]A July common-stock offering brought in approximately $1.317 billion net and issued new shares.
Quarterly results expose the automotive profit gap
[1][4]Rivian reported $179 million in consolidated gross profit for Q2, while automotive gross profit remained negative $36 million. Its filing identifies $106 million of automotive regulatory-credit revenue; excluding it yields a negative $142 million automotive gross-profit sensitivity.
Rivian announces a sharp increase in Q3 deliveries
[2][1]Rivian reported 19,248 Q3 deliveries, up from 12,194 in Q2. The release reported production and deliveries, not Q3 earnings or cash flow.
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