Is Rivian Stock Primed To Deliver Gains After The Launch of The R2?
Yahoo Finance ·
Rivian ( RIVN 0.89% ) officially launched its R2 SUV in the U.S. on June 9. Could this newest car lift Rivian's stock, which trades nearly 80% below its IPO price of $78? When Rivian went public in 2021, it only sold three electric vehicles : the R1T pickup, R1S SUV, and custom electric delivery vans for Amazon (and later other companies). The launch editions of the R1T and R1S started at $75,000 and $77,500, respectively, but subsequent versions started at $85,000 to $95,000. Those high prices limited their mainstream appeal, and Rivian's own supply chain constraints throttled its annual production -- which dropped from 57,232 vehicles in 2023 to 42,284 vehicles in 2025.
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