Rivian ledger

“CPA, Long-term $RIVN investor | R2, autonomy, SDV & EV economics | Data-driven analysis, not financial advice.”

[Rivian ledger @rivianledger]

Really interesting battery deep dive from Cleanerwatt.

The video compares Tesla’s 4680 approach with the newer 46-series cells being used by Rivian and BMW.

What stood out to me:

• Tesla helped pioneer the 46mm cylindrical format
• Rivian’s R2 uses LG Energy Solution’s newer 4695 cells
• BMW is also moving aggressively into next-gen 46-series cells with Neue Klasse
• Tesla still has a major edge in manufacturing scale and vertical integration
• But on cell-level energy density and overall battery design, the gap is getting a lot tighter

I put together a quick comparison table from the video.

My takeaway: R2 isn’t just competitive on design, software and performance — the underlying battery platform looks seriously strong too.

$RIVN

https://t.co/Qvz7P0iwlr

[Rivian ledger @rivianledger]

Really good interview with RJ Scaringe on what it actually took to build Rivian from scratch.

A few things stood out:

• Rivian started in 2009 with basically none of the things a car company needs — huge capital, thousands of engineers, hundreds of suppliers, and a factory
• From 2009–2016, Rivian raised roughly $100M. From 2017–2021, that jumped to around $14B
• R1 proved the brand
• R2 is the big next step — Rivian’s first true mass-market vehicle
• R3 could open up an even larger market

What I like most is the long-term progression:

R1 built the brand.
R2 builds the scale.
R3 could broaden the market even further.

And by the time R3 arrives, Rivian’s autonomy stack should be much more mature too.

That’s what makes the next few years so interesting to me — not just more vehicles, but better software, AI, and autonomy layered on top of a much broader product lineup.

I’m especially curious to see what an R3 with mature Rivian autonomy looks like.

$RIVN

https://t.co/sBN7xc6JaN

[Rivian ledger @rivianledger]

Those captain chair look so good 😮‍💨🔥 $RIVN

[Rivian @Rivian]

Where does adventure begin? 🐇

The Cuevas Family (smalltalk.worldwide) ponders big life questions in the new R1S with captain’s chairs.

[Rivian ledger @rivianledger]

Rivian is starting to make the R2 easier to get into — not just easier to buy.

MotorTrend ran the numbers on leasing an R2 Performance:

• $829/month for 36 months
• $5,024 due at signing
• R2 Performance starts at $57,990

And this is just one financing option.

As Rivian adds leasing, lower-priced trims, and broader financing choices, more customers get a realistic path into the R2.

More financing channels → lower barriers → more potential demand.

That matters a lot as Rivian pushes the R2 deeper into the mass market.

https://t.co/ullv3BD2JU

[Rivian ledger @rivianledger]

@thejefeee total volume rivn = Tsla/2

[Rivian ledger @rivianledger]

Citi just initiated coverage on $RIVN with a Neutral rating and an $18 price target.

That’s not a bullish call, but it still implies roughly 13% upside from the stock price cited in the report.

Rivian also recently posted:

• $1.66B in quarterly revenue
• Revenue up 27.2% YoY
• Adjusted EPS of -$0.63, slightly better than estimates

Wall Street is still pretty divided on Rivian, with 12 Buy, 9 Hold, and 7 Sell ratings tracked by MarketBeat.

But that’s what makes this phase interesting.

R2 is ramping, the cost structure is improving, and more analysts are starting to take a fresh look at the story.

$RIVN

https://t.co/3ICWz0Je0N

[Rivian ledger @rivianledger]

And here’s the fun part — every Rivian that hits the road adds another potential software customer.

More cars = more users.
More users = more software revenue over time.

That part can really start to stack. $RIVN

[Kevin Melnuk @KevinMelnuk]

Rivian has made over 200,000 total vehicles. Moving on up! ⬆️

$RIVN

[Rivian ledger @rivianledger]

R2 is clearly pulling more people into the Rivian ecosystem.

Rivian has already topped 150,000 demo drives through August — more than all of 2025.

Even more interesting:

• Q2 hit a record 57K+ demo drives
• July + August alone added roughly another 57K
• Reservation-to-order conversion for the R2 Launch Edition has been running meaningfully above Rivian’s expectations
• Management says the bigger constraint right now is production, not demand

And shift 2 is about to come online.

That’s why Q4 could get very interesting for $RIVN.

More test drives. Stronger conversion. More production coming.

https://t.co/e8jJuh4FGm

[Rivian ledger @rivianledger]

@EvJetty_blogy me too!!!

[Rivian ledger @rivianledger]

https://t.co/X7DGb14BVF

[Rivian ledger @rivianledger]

2022 → 2023 → 2024 → 2025
Rivian’s Halloween updates just keep getting better.

Can’t wait to see what they come up with for Halloween 2026. 🎃👻

[Rivian ledger @rivianledger]

Love how Rivian keeps giving buyers more ways to make the R2 their own.

Wheels, tires, colors, trims — more choice means a better fit for more customers.

Small detail, but it matters as R2 moves into the mass market. $RIVN

[Rivian @Rivian]

The right wheel and tire setup might be the most underrated aspect of your build.

Learn more about choosing what’s best on your R2 Launch Package at https://t.co/2opqO50aZe.

[Rivian ledger @rivianledger]

Pretty interesting Forbes interview with RJ Scaringe.

A few things stood out to me:

Rivian isn’t trying to become “another Tesla.”

RJ’s strategy seems pretty clear:

• R1 built the brand
• R2 expands the customer base
• Software and autonomy become bigger parts of the story over time
• Rivian keeps its own identity around adventure, SUVs and trucks

He also makes a good point that the EV market still needs more variety — more price points, more body styles, and more products people actually want.

That’s where R2 really matters.

My take: Tesla doesn’t need to lose for Rivian to win.

The U.S. EV market is big enough for another major player, and I think Rivian is slowly building a very different path to get there.

$RIVN

https://t.co/XPKDHdwXVK

[Rivian ledger @rivianledger]

I think so🚀🚀🚀

[Chris Hilbert @Hilbe]

Rivian will pull a Tesla with autonomy. You can literally look at the journey to FSD as a free roadmap for other automakers. What comes next will shock nobody…

[Rivian ledger @rivianledger]

Edmunds just bought a Rivian R2 Performance for a full one-year long-term test.

That alone is pretty interesting.

Edmunds calls the R2 arguably Rivian’s most important vehicle yet — basically the model that takes what worked in the R1 and brings it to a much broader market.

What I like most is that this won’t be another quick first-drive review.

We’re going to get a full year of real-world feedback on range, charging, software, reliability, comfort, and daily usability.

If the R2 keeps holding up this well over 12 months, that could be some of the strongest independent validation Rivian can get.

$RIVN

https://t.co/RRC8WEgB4h

[Rivian ledger @rivianledger]

Kinda interesting to see this.

One of the people who was very bearish on $RIVN back in 2021 is now upgrading the stock from Sell to Hold.

He’s still not bullish, but he’s basically admitting the story has changed:

• Better unit economics
• More reasonable valuation
• R2 creating a real path to scale
• Financials looking much healthier than a few years ago

That’s what I find interesting.

You don’t need every bear to suddenly become a bull.

When the people who were negative for years start saying, “Okay, this is actually getting better,” that matters.

Slowly but surely, Rivian is earning respect. $RIVN

https://t.co/uF1Wip3QN6

[Rivian ledger @rivianledger]

Rivian is bringing AI deeper into the car.

The new Rivian Assistant isn’t just there to answer random questions.

You can use natural language to:

• Control climate and vehicle settings
• Navigate and find places
• Control music
• Make calls and send messages
• Ask questions about the vehicle
• Even manage Google Calendar events

And because it’s built directly into Rivian’s hardware and software, it can actually interact with the car — not just sit on top of it like a basic voice assistant.

This is the direction I like:

AI that actually does something for you.

Rivian is slowly turning the vehicle into a real AI-powered digital platform, not just an EV.

$RIVN

https://t.co/n3vHKEwF5C

[Rivian ledger @rivianledger]

This is a pretty wild comparison.

The R2 Performance does 0–60 in about 3.5 seconds, has 656 hp, and starts under $60K.

To get similar straight-line performance from an F-150, you’re basically looking at something like a Raptor R — and that starts at over $114K.

And if you charge at home, the monthly “fuel” cost can be way lower too.

Pretty crazy when you think about it.

Supercar performance, SUV practicality, and much lower running costs — all in one package.

$RIVN

https://t.co/tzem6URITg

[Rivian ledger @rivianledger]

@KevinMelnuk Shift 1 is basically tapped out.
Time to bring on shift 2 👀
Q4 could get fun real quick. $RIVN