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While Rivian has earned satisfied customers with its R1T truck and sibling R1S crossover, that is in part because the company was gifting customers more content than the company could actually afford.
Rivian Automotive (NASDAQ: ... with 86% of Rivian owners saying they'd buy another vehicle from the company and Rivian topping Consumer Reports' vehicle customer satisfaction list. ...
Rivian Automotive, Inc., is an American electric vehicle manufacturer and automotive technology and outdoor recreation company founded in 2009. Rivian produces an electric sport utility vehicle (SUV), a pickup truck on a "skateboard" platform that can support future vehicles or be adopted by other companies, and an electric delivery van, the Rivian EDV. [6]
Rivian, meanwhile, generated sales of around $5 billion over the same time period. These figures price Rivian stock at 2.2 times sales , while Lucid comes in at 12.1 times sales.
The name of the company changed to Rivian Automotive in 2011. [17] [18] In November 2021, Rivian went public, listing its shares on the Nasdaq. [19] Scaringe is chairman of the board and has 9.5% voting power. Additionally, he has veto power over board decisions due to his 100% ownership of the company's class B shares. [20]
Rivian, the electric vehicle startup known for its off-road-capable truck and SUV models, ... Prices for the R2 SUV, which will go on sale in early 2026, will start at around $45,000, Rivian said. ...
More than half the 2025 Rivian R1S electric SUV's physical hardware got updates that led to lower weight, longer range, faster charn ing and more.
Rivian could experience the same sale ramp, which should significantly improve its valuation multiple. As to the company's inability to achieve profitability, investors won't need to wait until 2026.
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