Rivian's delivery growth could drive a higher valuation.
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Rivian's delivery growth could drive a higher valuation.
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Rivian Automotive Inc (NASDAQ:RIVN) shares rose 4.2% on Wednesday after its spinout Mind Robotics, an artificial intelligence-driven industrial robotics company, closed a $400 million funding round that valued the startup at $3.4 billion. The May 2026 round was led by Kleiner Perkins and also...
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Tesla (NASDAQ: TSLA) and Rivian (NASDAQ: RIVN) both closed the books on Q1 FY2026, and the contrast is impossible to ignore. Tesla posted $22.39 billion in revenue with an automotive gross margin of 21.1%. Rivian delivered $1.381 billion while its automotive segment slipped to a $62 million gross loss. Same industry, very different chapters. AI ... Tesla Surges on AI, Rivian Struggles to Stay Afloat
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