Rivian

Rivian exceeded Q4 revenue and earnings estimates, projecting strong delivery growth for 2026 driven by the R2 SUV launch. While R2’s lower price point aims for broader market appeal, significant financial investments and losses are expected to continue through 2026. The company achieved its first annual gross profit, bolstered by its VW joint venture, and ended the year with substantial liquidity. The R2’s success is crucial for Rivian’s path to profitability.

that.Rivian’s first Autonomy and AI Day in Palo Alto showcased its in‑house RAP1 silicon chip and an upgraded AI‑driven software stack aimed at “personal Level 4” autonomy. The company promised OTA updates to its hands‑free system and hinted at chip licensing revenue. Shares fell 6% after the event but rebounded over 15% the next day; Needham lifted its price target 64% to $23, citing the technology rollout, while other analysts remained cautious about demand weakness, the loss of the EV tax credit and liquidity pressures. Rivian ends Q3 2025 with $7.7 billion in cash.

Rivian’s first “Autonomy and AI Day” unveiled a custom silicon chip, proprietary vehicle computer, and new AI models to enable Level 4 self‑driving on its upcoming R2 platform, using lidar, radar and cameras. The company introduced an Autonomy+ subscription—$2,500 one‑time or $49.99 per month—significantly cheaper than Tesla’s FSD. A “Universal Hands‑Free” feature will allow hands‑free driving on 3.5 million U.S. miles, and an AI‑powered “Rivian Assistant” voice interface is slated for 2026. A $5.8 billion JV with Volkswagen supports the rollout, though shares fell 6.1% amid market volatility.

.Morning Squawk highlights: The Fed delivered a 25‑bp rate cut, signaling a hawkish stance and limited future cuts, sparking a stock rally. In tech, Oracle missed Q2 revenue while Cisco hit a record high, underscoring a split between legacy software firms and AI‑focused networking players. President Trump seized a Venezuelan‑linked oil tanker, pushing Brent crude higher. Rivian showcased AI‑driven autonomy to boost margins amid ongoing losses. Coca‑Cola named Henrique Braun CEO for 2026, aiming to drive digital and premium growth. Wealth advisors increasingly use encrypted messaging for fast, private deal coordination.

Rivian, known for its R1T truck and R1S SUV, is expanding its lineup with the R2 SUV and R3 hatchback to reach a broader customer base. Targeting a $45,000 starting price for the R2, Rivian aims to compete in the mainstream SUV market. Production begins this year in Illinois, with a new Georgia factory planned for future expansion up to 400,000 units annually. This strategy addresses financial challenges and leverages streamlined design for cost-effectiveness, while the brand’s distinctive design features, such as its headlight style, help it stand out in a competitive market.

Rivian (RIVN) announced that CEO RJ Scaringe will participate in a fireside chat at Morgan Stanley’s Laguna Conference on September 11th at 4:50 PM PT. A live webcast will be available. Rivian, focused on electric vehicles and integrated services, aims to be a key player in the EV market. The company’s strategy includes software, services, and infrastructure, targeting both consumer and commercial applications with a commitment to sustainability. The event offers insights into Rivian’s strategy and growth plans.