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Mmastodon BusinessStartups first seen 9 h ago, last 9 h ago, peak #1

Rivian sales rise as affordable R2 bet pays off

Original: Rivian’s sales pop as the company’s big R2 bet starts to pay off Rivian had high hopes for its more affordable R2 vehicl

Rivian reported third-quarter production and delivery figures of 19,751 vehicles, a sales bump that suggests its bet on the more affordable R2 is starting to pay off. The company had pinned high hopes on the cheaper model to broaden its customer base, and early demand appears to be meeting those expectations. Commenters are watching whether the momentum can continue as the R2 ramps up production.

Why now: Rivian just released its third-quarter delivery numbers showing growth tied to the R2.

RivianR2

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Rank over time, top of the chart is #1. 3 snapshots from 9 h ago to 9 h ago.

Evidence

API: https://socialmediatrends-api.osmike.com/v1/trends/827818