What's Driving Rivian Shares Higher Wednesday?

10:38am, Wednesday, 17'th Jun 2026
Rivian Automotive Inc. (NASDAQ:RIVN) shares are trading higher Wednesday as the market digests fresh details around CEO RJ Scaringe's push into humanoid robotics.
Rivian Automotive (RIVN) closed the most recent trading day at $15.93, moving 4.5% from the previous trading session.
Rivian confirmed that it laid off less than 2% of its workforce on Tuesday. The carmaker faces a crucial year as it launches the R2 midsize SUV, its most important product.
Rivian is laying off hundreds of workers just one week after it began deliveries of its hotly-anticipated R2 SUV, the company has confirmed to TechCrunch.
Rivian said Tuesday it was laying off hundreds of workers, or less than 2% of its workforce, as the EV maker aims to narrow losses. The electric vehicle maker officially launched deliveries of its key
EV startup ​Rivian laid ‌off hundreds ​of ​employees on Tuesday, ⁠a ​move to ​make the business ​profitable ​as it launches ‌a ⁠key new model, the ​Wall ​Street ⁠Journal �
IRVINE, Calif. and AUSTIN, Texas, June 16, 2026 (GLOBE NEWSWIRE) -- American automotive and technology company Rivian (NASDAQ: RIVN) and ChargeScape, the vehicle-grid integration platform owned by a c
The automaker's fans love the startup's new R2, but high lease costs show the challenges in the changing electric-vehicle market.
Rivian is developing autonomous-driving technology for its next-generation vehicles. CEO RJ Scaringe said the company is set to release Tesla FSD-like self-driving later this year.
Rivian has begun delivering its R2 SUVs to customers. The new vehicles could unlock significant revenue growth for the company.
Rivian Automotive Inc. (NASDAQ:RIVN) shares are up during Monday's premarket session as traders react to fresh autonomy commentary from CEO RJ Scaringe and a risk-on tone with S&P 500 futures up over

Can Rivian Beat Tesla in the Long Term?

10:33pm, Saturday, 13'th Jun 2026
Rivian's stock is down about 20% year to date in a challenging EV environment. While Rivian's automotive division is still in the red, its software and services segment is profitable.
The lower-priced model could be the catalyst to lift demand for the EV company.
Rivian is attempting to build a sustainably profitable electric car company, with this year's launch of the R2 a key turning point for the business. Higher oil prices help make the company's opportuni
Rivian CEO RJ Scaringe started a robotics company last year called Mind Robotics that he says has has raised more than $1 billion. Scaringe told CNBC that the plan is to keep the robotics company sepa
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