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Rivian: Thank You, Demos!

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  • Rivian Automotive is positioned for aggressive growth, as R2 production ramps and demo drives surge.
  • Q3 demo drives are on pace to nearly double Q2, signaling strong demand and supporting a delivery ramp to over 20,000 vehicles.
  • RIVN's 2026 delivery forecast is 65,000–70,000 vehicles, still only 30% of its Normal, IL, plant capacity, with further upside from the Georgia facility.
  • With a $23B market cap and potential $31B+ sales target for current production plans, stars are aligning for RIVN's rapid revenue expansion, including autonomy and VW software deals.

Rivian Automotive, Inc. (RIVN) has big expansion plans, but the company needs R2 sales to ramp dramatically over the prior versions to be successful. The biggest risk is demand drying up long before the company reaches goals to 10x production in the next few years and the strong R2 demo drives is a very positive indication. My investment thesis is ultra Bullish on the EV manufacturer still trading near the yearly lows while stars are aligning for growth.


Read the full article on Seeking Alpha. 

Disclosure: No position mentioned. Please review the disclaimer page for more details. 

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