Onsite full time, 40 hours per week, from January through August 2027.
Rivian makes electric vehicles with a focus on outdoor adventure. Its lineup includes the R1T electric pickup and the R1S electric SUV, designed for both on‑road driving and off‑road exploration. The vehicles run on electric propulsion with battery packs and motors, and Rivian supports customers through direct-to-consumer sales and a suite of ownership services, plus gear and accessories tailored for their vehicles. Unlike traditional automakers that rely on dealerships, Rivian sells online and in showrooms, building a direct relationship with buyers and offering updates and new features via software. Its products emphasize sustainability, performance, and the ability to explore nature with lower environmental impact, aided by a growing ecosystem of services and gear. Rivian’s goal is to help people explore the world responsibly by providing durable, high‑performance electric adventure vehicles and a cohesive ownership experience that includes software updates, services, and gear.
Company Size
10,001+
Company Stage
IPO
Headquarters
Irvine, California
Founded
2009
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Ownership for All: We offer every employee the opportunity to own Rivian stock through equity programs, supporting their financial wellness.
Mental and Emotional Wellness: We provide employees and their families access to mental wellness platforms and our Employees Assistance Program
Fertility and Family Planning: We support diverse family-building journeys, providing employees with benefits such as paid parental leave and financial support for adoption, fertility treatments or surrogacy.
Competitive Compensation: We offer competitive compensation packages driven by mutual investment in our long-term growth and success.
Career Development: We enable all employees to own their development. Continuous learning opportunities and tuition reimbursement help drive performance, boost engagement and develop future leaders.
Transgender Benefits: In alignment with WPATH guidelines, our 2022 plans provide coverage toward medical, pharmacy and cosmetic needs.
How much did Rivian lose per vehicle sold? September 18, 2026 by Jo Morgan Table of Contents How much did Rivian lose per Vehicle sold? Examining the electric vehicle maker's financials. Rivian, the electric adventure vehicle company, has faced significant financial challenges as it ramps up production. The answer to how much did Rivian lose per vehicle sold? is startling: in some quarters, the loss exceeded tens of thousands of dollars per vehicle. Rivian's rocky road to profitability: an introduction. Rivian, the darling of the electric vehicle world a few years ago, has seen its stock price plummet and its financial performance scrutinized as it battles production bottlenecks, supply chain constraints, and intense competition. Understanding how much did Rivian lose per vehicle sold? is crucial for assessing the company's long-term viability. This analysis will delve into the factors contributing to these losses, the strategies Rivian is employing to mitigate them, and the future prospects for the electric vehicle maker. Download Offline Maps Discover more Track Congressional Bills Get Database Tools Rivian's background and market position. Rivian entered the market with a splash, promising a unique blend of electric vehicle technology and rugged adventure capabilities. The company secured early backing from major players like Amazon and Ford, generating significant hype and demand for its R1T pickup truck and R1S SUV. However, translating pre-orders into delivered vehicles proved to be a formidable challenge. * Initial Hype and Demand: The early excitement surrounding Rivian was driven by its innovative designs and commitment to sustainability. * Production Hurdles: Supply chain disruptions and manufacturing complexities hindered Rivian's ability to ramp up production quickly. * Intense Competition: The electric vehicle market has become increasingly crowded, with established automakers and new entrants vying for market share. Calculating the per-vehicle loss: A deep dive into Rivian's financials. Determining how much did Rivian lose per vehicle sold? involves analyzing the company's cost of goods sold (COGS) and revenue. COGS includes the direct costs associated with producing a vehicle, such as raw materials, labor, and manufacturing overhead. Revenue represents the income generated from selling the vehicle. The difference between COGS and revenue indicates the gross profit or loss per vehicle. Here's a simplified representation of the calculation: Revenue per Vehicle - Cost of Goods Sold per Vehicle = Profit/Loss per Vehicle The significant losses Rivian experienced were primarily driven by high fixed costs spread across a relatively small production volume. As Rivian increases production, it aims to achieve economies of scale, thereby reducing the per-unit cost of manufacturing. Discover more Join Online Communities Master Coding Skills Factors contributing to Rivian's losses. Several factors have contributed to Rivian's significant losses per vehicle: * High Fixed Costs: Establishing a new manufacturing facility and developing advanced technology requires substantial upfront investment. * Low Production Volume: The inability to ramp up production quickly meant that fixed costs were spread across a limited number of vehicles. * Supply Chain Constraints: Component shortages and logistical challenges increased production costs and delayed deliveries. * Raw Material Costs: Fluctuations in the prices of raw materials, such as lithium and nickel, impacted the cost of battery production. * Warranty and Service Costs: Early production vehicles often require more warranty repairs and service, adding to the financial burden. Rivian's strategies to reduce losses. Rivian is actively pursuing several strategies to reduce its losses and achieve profitability: * Increasing Production Volume: The primary focus is on ramping up production to leverage economies of scale. * Optimizing Manufacturing Processes: Streamlining production processes and improving efficiency to reduce manufacturing costs. * Negotiating Better Supplier Contracts: Leveraging its growing scale to negotiate more favorable terms with suppliers. * Vertical Integration: Exploring vertical integration opportunities to control key components and reduce supply chain risks. * Cost-Cutting Measures: Implementing cost-cutting measures across the organization to reduce operating expenses. The path to profitability: Rivian's future outlook. While the current losses are substantial, Rivian has a plan to achieve profitability. Successful execution of the above strategies is critical for the company's long-term success. The company is aiming to significantly increase production and reduce per-unit costs. Success hinges on overcoming the challenges of the current economic climate and maintaining its competitive edge in the rapidly evolving EV market. Monitoring how much did Rivian lose per vehicle sold? in the coming quarters will offer key insights into whether these strategies are working. FAQ: Understanding Rivian's Financial Situation Discover more Explore CMS Platforms Download Offline Maps Why is Rivian losing so much money per vehicle? Rivian is experiencing significant losses per vehicle due to a combination of factors, including high fixed costs associated with establishing a new manufacturing facility, low initial production volumes, and supply chain constraints that have driven up component costs. As production increases and efficiencies are gained, the per-vehicle loss is expected to decrease. How does Rivian's loss per vehicle compare to other EV startups? Many EV startups face similar challenges in their early stages, with substantial losses per vehicle due to high upfront investments and low production volumes. Comparing Rivian's losses to other companies requires a careful analysis of their respective stages of development, production volumes, and cost structures. However, Rivian's losses have been relatively high compared to some more established EV manufacturers like Tesla. What is Rivian doing to reduce its losses? Rivian is focused on increasing production volume, optimizing manufacturing processes, negotiating better supplier contracts, and implementing cost-cutting measures across the organization. These strategies are aimed at reducing the per-unit cost of manufacturing and improving operational efficiency. When does Rivian expect to become profitable? Rivian has not provided a specific timeline for achieving profitability. However, the company has stated its goal of achieving positive gross margins in the near future and overall profitability as production volume increases and cost-reduction efforts take hold. How does Rivian's relationship with Amazon affect its financials? Rivian's relationship with Amazon, a major investor and customer, provides a stable source of demand for its electric delivery vans. This contract helps to de-risk Rivian's business and provide a foundation for future growth. Amazon's commitment to purchasing Rivian vehicles helps to justify the company's investments in production capacity. What are the biggest risks facing Rivian's path to profitability? The biggest risks facing Rivian include continued supply chain disruptions, increasing competition in the EV market, and the potential for a broader economic downturn. Successfully navigating these challenges will be crucial for Rivian to achieve its goals. How does Rivian's battery technology contribute to its costs? Rivian's battery technology is a significant component of its vehicle costs. The company invests heavily in battery research and development, and the cost of raw materials like lithium and nickel can fluctuate significantly. Optimizing battery performance and reducing battery costs are critical for improving Rivian's financial performance. What role does Rivian's vertical integration strategy play in reducing costs? Rivian's exploration of vertical integration aims to control key components and reduce supply chain risks, potentially leading to lower costs. By producing more components in-house, Rivian can reduce its reliance on external suppliers and improve its control over quality and pricing. How does Rivian's software and technology development impact its expenses? Rivian invests heavily in software and technology development, including autonomous driving capabilities, over-the-air updates, and connected services. These investments contribute to higher expenses but are also seen as essential for differentiating Rivian's vehicles and providing a superior customer experience. What are analysts' expectations for Rivian's future financial performance? Analysts' expectations for Rivian's future financial performance vary, but most agree that the company faces significant challenges in achieving profitability. Many analysts are closely watching Rivian's production ramp-up, cost-reduction efforts, and ability to maintain its competitive edge in the EV market. The key question of how much did Rivian lose per vehicle sold? will continue to be a closely watched metric.
Rivian reports Q3 deliveries for the R2 SUV in october. Here's how investors should prepare. Rivian's future relies on its new R2 SUV. By Ryan Vanzo - Sep 17, 2026 at 4:23PM EST Key points. * Rivian is proving to be a compelling stock pick for the robotaxi economy. * However, the electric vehicle maker must scale R2 production and sales. * 10 stocks The Motley Fool, LLC like better than Rivian Automotive" It's hard to overstate how important the Model Y was for Tesla's (TSLA +2.27%) overall growth journey. Today, that model alone accounts for more than 90% of Tesla's vehicle sales. The Model Y allowed Tesla to significantly expand its sales base, which, in turn, enabled the company to scale its production facilities to reach economies of scale - the driving force behind Tesla's 24-quarter streak of consecutive profits. In short, the Model Y is one of the biggest factors behind Tesla's current $1.1 trillion market capitalization. Rivian Automotive's (RIVN +1.12%) valuation, meanwhile, still hovers just above $20 billion. This valuation gap has many causes. But for years, the biggest issue was that Rivian lacked an affordable vehicle priced for the masses like the Model Y. Rivian addressed that problem this summer when it began deliveries of its R2 SUV - its first vehicle priced under $50,000. Next month, investors will get the first meaningful update on how Rivian's sales and production capacities are scaling for the R2. Here's exactly what you should be paying attention to. Expect challenges with production scaling. Trying to pivot from a niche luxury carmaker to a mass producer of millions of vehicles comes with its challenges. Tesla faced significant difficulties scaling its production facilities for the Model Y. "[T]he reaction common among new Tesla Model Y owners is a love of their new EV offset by disappointing quality issues," MotorTrend warned readers in 2020. "As Tesla keeps on rushing to meet growing demand and chasing delivery numbers, it seems quality control is unable to keep up." Rivian has already faced its own quality control issues on early R2 productions. The company has also shown signs of scaling production by adding factory shifts. Still, investors should expect some production challenges to be revealed, which could put a dent in the short-term deliveries momentum. Where to invest $1,000 right now. When its analyst team has a stock tip, it can pay to listen. After all, Stock Advisor's total average return is 932%* - a market-crushing outperformance compared to 209% for the S&P 500. They just revealed what they believe are the 10 best stocks for investors to buy right now, available when you join Stock Advisor. *Stock Advisor returns as of September 17, 2026. Rivian Automotive Premium Feature Moneyball Superscore Today's Change ( 1.12 %) $ 0.17 Current Price Key data points. Market Cap Day's Range $ 15.38 - $ 16.09 52wk Range $ 12.39 - $ 22.69 Gross Margin Don't take initial sales volumes too seriously. Initial sales momentum is where Tesla's Model Y will likely differ from Rivian's R2. Despite launching during the COVID-19 pandemic in 2020, Tesla experienced high sales demand for its Model Y. At the time, there simply weren't many vehicles like it on the market - an affordable EV with a long range and appealing features. The competitive landscape, however, has shifted significantly since then. So has pricing pressure. The R2 has a starting base price of around $50,000 - very close to where the Model Y debuted in 2020. The entry-level Model Y today, however, is priced closer to $40,000. Competing alternatives, meanwhile, are much more prevalent than they were when the Model Y first launched. Rivian has revealed that sales demand exceeded expectations. Customer deposits require only $100 up front, but Rivian says its conversion into full sales remains "very good." Still, I expect a relatively low volume of deliveries this quarter as production ramps up, so The Motley Fool, LLC still won't know exactly how Rivian's reservation list converts to actual sales. Should you buy stock in Rivian Automotive right now? Before you buy stock in Rivian Automotive, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now... and Rivian Automotive wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. 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The EV market continues to charge on. Millions of Americans now drive electric vehicles, making charging infrastructure an increasingly important part of the nation's transportation system. Nearly 5.7 million electric vehicles and more than 1.8 million plug-in hybrid electric vehicles are on U.S. roads. Since the pullback of federal tax credits for EV manufacturing and purchases, sales have slowed, and manufacturing investments have changed. Even so, the EV segment is proving to be resilient. Americans bought more than 660,000 EVs and plug-in hybrids this year, which made up nearly 7% of new vehicle sales in July. EV investment means regional economic development. EV and battery manufacturers, suppliers, and charging infrastructure create jobs, tax revenues, and supply chain opportunities in the communities chambers of commerce and economic development organizations (EDOs) serve. Growing domestic EV and battery manufacturing can also strengthen U.S. supply chains, support American manufacturing, and position communities to compete in the global EV market. Changes to federal EV policy have contributed to weaker domestic demand and shifts in planned manufacturing investments, while global competition continues to grow, particularly in China. Despite these shifts, chambers and EDOs can still take practical steps to help capture EV-related economic opportunities. At the federal level, they can advocate for continued investment in EV charging infrastructure and a fair, data-driven approach to EV registration fees. They can also engage at the state level to attract EV and EV battery manufacturers, as well as supply-chain companies. Chambers across the country are already taking action to promote EV investments in their regions. The McLean County Chamber of Commerce (IL), for example, collaborated with Rivian and local universities to address workforce development solutions. The Georgia Chamber of Commerce spotlighted the Blue Bird Vision Electric school bus through its 2026 Coolest Thing Made in Georgia competition, helping showcase an industry that is investing and creating jobs in the state. Whether connecting businesses with workforce solutions or simply celebrating companies investing in their communities, chambers and EDOs can help their regions compete for EV-related jobs and investment. To learn more about issues related to EVs, see CICE's paper on Electric Vehicles. For more examples of ways CICE can highlight local business and investment, check out CICE's Chamber Clean Energy Toolkit.
Michael John Callahan, chief administrative officer of Rivian Automotive, sold 15,000 shares of Class A common stock on 11 September 2026 for $244,000, according to an SEC Form 4 filing. The sale was executed under a Rule 10b5-1 trading plan established on 12 June 2026, allowing predetermined stock sales. The transaction represents 1% of Callahan's holdings. He maintains approximately 1 million shares directly. The sale occurred amid the impending departure of chief financial officer Claire McDonough, who plans to step down on 30 October. Rivian reported trailing twelve-month revenue of $5.9 billion and a net loss of $3.2 billion. Second-quarter sales grew 27% year over year to $1.7 billion, with a gross profit of $179 million, though the company posted a net loss of $1.3 billion.
Rivian calls R2 Launch an inflection point as demand, autonomy plans accelerate. September 15, 2026 Key points. * R2 is Rivian's mass-market inflection point: The midsize SUV will expand the company beyond its premium R1 lineup, with planned trims ranging from about $45,000 to above $57,000. Stronger-than-expected demand for the higher-priced Launch Edition and more than doubled test-drive volume indicate solid early interest. * Supplier readiness is limiting production growth: Rivian says its factory capacity is ahead of its supply base, with Tier 2 and Tier 3 suppliers creating potential bottlenecks. The company's planned second shift remains on track, while supplier coordination will determine the pace of the ramp. * Autonomy and technology licensing are major growth pillars: Rivian is pursuing supervised point-to-point driving, eventual Level 4 autonomy and an Uber robotaxi version of the R2 targeted for late 2028. It also expects revenue from licensing its software and electronics platform, including its $5.8 billion agreement with Volkswagen. * Interested in Rivian Automotive? Here are five stocks we like better. Rivian Automotive NASDAQ: RIVN is entering what founder and CEO RJ Scaringe described as an "inflection point year," as the electric-vehicle maker begins scaling its R2 midsize SUV and expands its software, autonomy and licensing initiatives. Speaking at a Morgan Stanley event, Scaringe said the R2 is intended to move Rivian beyond the premium positioning of its R1 lineup and into a broader segment of the auto market. Rivian launched the R1 vehicles in 2021, he said, establishing the brand and generating customer loyalty, but their pricing limited their mass-market reach. "R2 is really the mass market vehicle," Scaringe said. "The vehicle that takes this positive brand sentiment, positive enthusiasm for what we're creating, and puts it to scale." R2 demand and trim rollout. Scaringe said Rivian launched R2 with a narrow range of configurations, including a single Launch Edition trim, in an effort to reduce manufacturing and supply-chain complexity during the initial production ramp. The Launch Edition starts at $57,000 and has limited color and paint choices. According to Scaringe, more early customers have selected the higher-priced Launch Edition than Rivian had anticipated. He said some consumers who may have expected to purchase an approximately $50,000 version instead opted for the $57,000 to $58,000 model, reflecting enthusiasm for the vehicle. Over the next 12 months, Rivian expects to introduce additional R2 versions. Scaringe said the company plans premium variants priced in the mid-$50,000 range and standard trims priced in the $40,000 range. The expected R2 lineup will span from a $45,000 starting price to more than $57,000 at the high end. While Rivian is making adjustments to the timing of specific variants, Scaringe said the overall rollout schedule is broadly unchanged. He characterized the R2 customer base as broad, including buyers who may otherwise consider midsize SUVs and crossovers such as the Toyota RAV4, Toyota 4Runner, Ford Bronco, Honda CR-V and Audi Q5. Although Rivian is frequently asked about comparisons with Tesla's Model Y, Scaringe said the opportunity extends well beyond that vehicle's customer base. Discover more Stock Average Calculator Trade Financial Derivatives Scaringe said R2 has also drawn interest from consumers considering an electric vehicle for the first time. He added that R2 test drives have more than doubled compared with prior levels, calling test-drive volume a key leading indicator of demand because conversion rates have been positive. Supply chain sets the pace for production. While Rivian's plant ramp remains important, Scaringe said the company's production increase is currently constrained more by supplier readiness than by capacity at Rivian's manufacturing facility. "We can only ramp as fast as our slowest ramping supplier," Scaringe said. He said Rivian's plant capacity is ahead of the supply-base ramp, requiring the company to coordinate hundreds of direct suppliers and thousands of companies further upstream in the supply chain. Challenges can emerge among Tier 2 and Tier 3 suppliers, he said, particularly amid changing trade relationships and broader supply-chain uncertainty. Scaringe said the company's full-year guidance reflects its production expectations and that Rivian has made only a slight adjustment during the year. Rivian knows which suppliers are ramping most slowly and has personnel working with those suppliers to address constraints, he said. The company's planned second shift remains on track, according to Scaringe. He said Rivian is coordinating the additional shift with supplier production increases and has invested in training manufacturing team members, team leaders and group leaders. Autonomy, licensing and robotaxi plans. Scaringe also highlighted Rivian's technology strategy. He referenced a $5.8 billion licensing arrangement with Volkswagen, announced in late 2024, involving Rivian's software and electronics platform for brands in Volkswagen's portfolio. Rivian also has an agreement with Uber to develop a robotaxi version of R2, with deployment planned for late 2028, Scaringe said. The company expects to hold an autonomy and artificial-intelligence event near the end of the year, when it plans to provide updates and announce a specific rollout date for new features. A major near-term objective is supervised point-to-point driving, Scaringe said. Under that feature, a driver would enter a destination and the vehicle would navigate from a parking space or garage to the destination and locate parking, while the driver remains responsible for supervision. Scaringe said the technology represents a step toward eyes-off driving and eventually Level 4 autonomy, in which a vehicle can operate without a driver present. He said Rivian expects the autonomy roadmap to progress meaningfully over the next two to three years, with 2028 serving as an important year for the company's planned Level 4 robotaxi deployment. Rivian's autonomy approach centers on what Scaringe called a "Large Driving Model," trained using fleet data and supported by cameras, radar and a planned LiDAR deployment. He said Rivian believes advanced autonomy will remain a relatively scarce capability and could provide pricing power, vehicle-market-share opportunities and technology licensing revenue. "We're spending a lot of money and time developing that," Scaringe said, adding that Rivian intends to pursue both vehicle sales growth and sales of its technology platforms to other automakers. About Rivian Automotive (NASDAQ:RIVN). Rivian Automotive, Inc designs, develops and manufactures electric vehicles and related technology. Its consumer vehicle lineup includes the R1T electric pickup truck and R1S electric SUV, which are designed for on-road and off-road use. The company also develops charging solutions, vehicle software and connected services intended to support the ownership and operation of its electric vehicles. Rivian produces electric commercial vans for delivery and fleet applications, including vehicles developed through its relationship with Amazon. This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. 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