Rivian Is Down 5% — Did the R2 Reveal Disappoint Wall Street?
- Rivian announced in its release that the R2 lineup includes a $45,000 base model and a Performance trim with 656 horsepower.
- To lower costs, Rivian trimmed features and used a 400-volt architecture, but the R2 Standard’s range lags behind Tesla Model Y and Hyundai Ioniq 5 rivals.
- Meanwhile, the R2 Performance debuts at $57,990 with 656 hp and 609 lb‑ft, capable of 0-60 mph in 3.6 seconds, and the Premium starts at $53,990 with 450 hp.
- Rivian management guided for 62,000–67,000 2026 deliveries, while RIVN shares fell about 5% today, sliding below $16 during the R2 reveal.
- Looking ahead, Rivian positions the R2 as a software‑defined vehicle with zonal electrical architecture and OTA updates, offers Autonomy+ subscription , and shifts production to Normal, Illinois after Georgia delay to 2028.
25 Articles
25 Articles
Rivian Is Down 5% — Did the R2 Reveal Disappoint Wall Street?
Quick Read Rivian Automotive (RIVN) stock fell 5% on the R2 reveal after climbing 11.6% the prior week, as the market sold off gains that had already been priced in the announcement. Rivian revealed its mass-market R2 SUV, priced at approximately $45,000 and targeting first deliveries in Q2 2026. while the company posted its first full year of positive gross profit in 2025 despite a $3.6B net loss and negative free cash flow of $2.489B. Fina…
Rivian R2: Prices, Features, and Specs
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 RossRivian 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 h…
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