Rivian R1s and R1t electric vehicles at a dealership and service center in San Francisco. (David Paul Morris/Bloomberg) July 7, 2026 at 3:00 pm, EDT key takeaways: Rivian shares fell more than 14% on July 7 after the EV maker announced it was selling 75 million shares. The offering will raise approximately $1.5 billion at
Tesla’s long-wheelbase model YL arrives in the US today, July 3, 2026, with a starting price of $61,990, an EPA-rated range of 325 miles, and a six-seat layout that Tesla is pitching as a direct answer to three-row family crossovers. It’s the clearest sign yet that Tesla intends to fill the gap left by the
The company now expects to deliver 65,000 to 70,000 vehicles this year, a July 2 statement said. (Jason Henry/Bloomberg) July 2, 2026 9:23 am, EDT key takeaways: Rivian now expects to deliver 65,000 to 70,000 vehicles this year. The company delivered 12,194 vehicles in the second quarter, exceeding Wall Street expectations. Rivian begins sales of
It turns out that measuring a car’s speed from 5 to 60 mph often tells you more about its performance than the traditional 0 to 60 mph measurement. However, since people have been keeping an eye on it since 1946, when auto journalist Tom McCahill started the trend, we’ll
The biggest car news and reviews, no BS Our free daily newsletter delivers the stories that really matter straight to you every weekday. Manage to get your Rivian stranded or have someone going off-roading with you get stranded? A winch would definitely be useful, and Rivian is aware of that. During a personal interview in
The biggest car news and reviews, no BS Our free daily newsletter delivers the stories that really matter straight to you every weekday. Over the river, through the woods, or right down the highway. According to the automaker’s CEO, Rivian’s mobile services team will come to you no matter where you are, and that’s the
A Rivian R2 SUV during the final assembly and inspection process at the manufacturer’s plant in Normal, Illinois on May 19. (Scott Olson/Getty Images) June 16, 2026 4:30 PM, EDT key takeaways: The job cuts represent less than 2% of Rivian’s workforce. The move comes about a week after Rivian began customer deliveries of its