Rivian has significantly improved its advanced driver-assistance system (ADAS), surpassing legacy competitors like General Motors but still trailing Tesla's Full Self-Driving (FSD) capabilities, especially in nonhighway and point-to-point driving. The company plans to offer point-to-point driving later this year, marking a major step forward. Rivian's system includes more safety features and sensor types such as cameras, radars, and soon lidar, aiming for safer and more robust performance. While Tesla leads in handling complex urban driving scenarios, Rivian's progress highlights growing competition in the ADAS market, which is important for future vehicle software and recurring revenue streams.
Tesla reported delivering 486,532 vehicles in Q3 2026, surpassing its own internal consensus of 461,974, which boosted its stock by 5%. However, Tesla's deliveries were still below the same quarter last year, leaving growth prospects uncertain. Meanw...
Rivian delivered 19,248 vehicles in Q3 2026, meeting its own forecast and reaffirming its full-year delivery guidance. The stock rose 4% following the report, while Tesla shares increased 2%. The key focus now is on Rivian's Q4 performance, which mus...
Rivian reported a 45% increase in electric vehicle deliveries in Q3, reaching 19,248 units, driven largely by the launch of the more affordable R2 SUV. The company aims to sell 20,000 to 25,000 R2 vehicles by year-end, potentially making it one of th...
Rivian has recalled about 14 units of its R2 SUV due to improperly tightened fasteners on the high-voltage battery pack, which could cause power loss during driving. This is the second recall for the R2, a key model for Rivian's push into the mass ma...
Rivian reported a 46% year-over-year increase in vehicle deliveries for Q3, delivering 19,248 units compared to 13,201 last year, surpassing Wall Street expectations of 18,000 units. The company reaffirmed its 2026 delivery guidance of 65,000 to 70,0...
