Rivian reported robust third-quarter results, with revenues increasing 38% year-over-year and raised guidance across key metrics. Despite a high cash burn of $1.12 billion in Q3, the company maintains strong liquidity exceeding $7 billion, supported by recent financing efforts to ramp up production of its R2 SUV. Short interest in Rivian shares hit an all-time high near 12% by the end of October, reflecting mixed investor sentiment as the company pushes into the mainstream electric vehicle market with its more affordable model.
Rivian trades at USD 13.11 on Pluang as of Nov 12, 2026 23:21 WIB, down 3.18% in one day. The stock's market cap stands at $19.76 billion, with a 52-week low of $11.43 and high of $22.45. Pluang investors hold Rivian shares typically for 62 days, showing steady interest despite recent volatility.
Rivian is improving its gross margins thanks to robust demand for its R2 model and expanding partnerships with Amazon and potentially Walmart. Strategic investments from Volkswagen, Uber, and the U.S. Department of Energy support its aggressive resea...
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Five years after its IPO, Rivian CEO RJ Scaringe is optimistic about 2027 being a turning point for the company, driven by the success of the R2 SUV and advancements in autonomous driving technology. The R2 has become Rivian's best-selling vehicle, h...
Rivian reported strong third-quarter results, improving its gross margin to 8% and reducing adjusted EBITDA losses by 28% year-over-year. The successful launch of the R2 model is accelerating Rivian's penetration into the mass market, with average se...
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