Rivian R2 production has started despite tornado damage to factory [Yahoo! Finance]
Rivian Automotive, Inc. - Class A (RIVN)
Company Research
Source: Yahoo! Finance
Despite the damage, founder and CEO RJ Scaringe told Bloomberg Television on Wednesday morning that Rivian doesn't expect any delays to the R2's rollout, which is crucial to the company's survival. “The tornado went through the south end of the plant, and ripped the roof off the building, and knocked down some of the plant as well, and so the last 72 hours have been around the clock,” he said. Scaringe explained that Rivian has had to change how and where it brings some materials into the factory to build the R2. But “we're not making any changes to the plan,” he said, referring to the company's production roadmap. Scaringe wasn't asked when Rivian will make the first R2 deliveries during the interview. The company has previously said it will start shipping R2 SUVs before the first half of 2026 comes to an end. Getting the R2 into production is a major milestone for the company. It's the first production vehicle Rivian has made that has a chance to reach mass-market customers
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RIVN
News
- Rivian Doesn't Get Enough Credit for Crushing Rivals in This Metric [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Rivian Doesn't Get Enough Credit for Crushing Rivals in This Metric [Yahoo! Finance]Yahoo! Finance
- Rivian hits production milestone for R2 EV ahead of customer deliveries [CNBC]CNBC
- Earth Day 2026: The Sustainability Spotlight [TheStreet.com]TheStreet.com
- Rivian starts production of R2 SUVs, deliveries expected later this spring [Yahoo! Finance]Yahoo! Finance
RIVN
Earnings
- 2/12/26 - Miss
RIVN
Sec Filings
- 4/16/26 - Form 4
- 4/14/26 - Form 144
- 4/2/26 - Form 4
- RIVN's page on the SEC website