Rivian R2 Reveal Disappoints Wall Street, Stock Down 5%
Rivian's R2, the EV maker's cheapest model to date, was revealed with a starting price of $45,000. However, the reveal appears to have disappointed Wall Street, causing Rivian's stock to drop by 5%.
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Here's everything you need to know about Rivian's R2, the EV company's most important model release to date
Rivian's R2 is the EV maker's cheapest model to date with a starting price of $45,000. Elliot Ross Studio, INC/photography by Elliot Ross Rivian is launching its new R2 SUV, with deliveries for the performance trim starting this spring. R2 starts at $45K, targets up to 330 EPA-est. range, and charges 10% to 80% in 29 minutes. All models come with hardware that enables Rivian's hands-free driving system. Rivian is getting closer to the launch of its highly anticipated SUV, the R2, the compan...
Read full article →Rivian Is Down 5% — Did the R2 Reveal Disappoint Wall Street?
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