Rivian's R2 Could Boost the Stock if It Sells

Rivian is ramping up for a mass-market R2, expanding capacity and backed by VW cash as it seeks profitability through scale. The R2’s reception will largely determine the stock’s fate; with shares down roughly 90% from highs and EV competition intensifying, risk is high. Investors should wait for early R2 sales data unless they’re willing to bet that the new model unlocks strong demand and lowers per-vehicle costs.