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If you’re thinking about leasing a Rivian and trading in your current vehicle, there’s something you need to be aware of—especially if you have positive equity in your trade. I ran into this issue myself when I leased my Gen 2 Rivian, and I’ve had multiple people reach out about the same problem. First, let’s talk about what’s happening. Rivian has been offering competitive trade-in values, particularly for other EVs, as part of its All-Electric Upgrade Offer, which can knock…

We don’t usually cover stock news, but this one felt worth talking about. Rivian’s stock took a hit Monday after back-to-back downgrades from Wall Street, with analysts pointing to growing risks that are starting to outweigh the upside. BofA Securities dropped its rating from Hold to Sell, slashing its price target from $13 to $10, while Cantor Fitzgerald also cut its rating from Buy to Hold last Friday. So what’s the problem? Demand. Rivian expects to deliver between 46,000 and…

Rivian hasn’t shared an update on R2 reservation numbers since July 2024, when Rivian VP of Manufacturing Tim Fallon said they had “well over 100,000.” Since then, nothing. It’s not because demand is weak—it’s actually the opposite. But there are a few smart reasons why they’re keeping quiet. First, there’s the investor angle. Big reservation numbers sound great, but they also bring pressure. If Rivian announced 300,000 reservations, people would immediately ask: “Can they actually build that many?” By keeping…

Rivian shared big updates on the R2 in yesterday’s Q4 2024 webinar. The team is focused on cost control and production efficiency. They just finished sourcing materials and completed tooling trials for key body panels. This moves the R2 closer to production. The R2’s design is built for simplicity. Rivian is using large high-pressure die castings instead of many smaller parts. This reduces connection points and speeds up production. Fewer parts also help cut costs, making the R2 more affordable. Winter testing is…

Rivian just issued a recall for some 2025 R1T and R1S models because of a headlight issue that could mess with visibility in cold weather. Basically, some headlights might not turn on at startup due to a supplier’s mistake, which means these vehicles don’t meet federal safety standards for lighting. So far, Rivian hasn’t reported any accidents or injuries from this, but obviously, driving with faulty headlights isn’t ideal—especially in bad weather conditions. If your truck or SUV is affected,…