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Rivian Stock Drops 8%: Why R2 Demand Couldn’t Save It

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Rivian shares fell nearly 8% following Q2 results as investor concerns over share dilution from a $1.3 billion offering and reliance on regulatory credits outweighed strong R2 SUV demand. Despite meeting revenue expectations, a cooling U.S. EV market and upcoming production risks caused Wall Street to remain cautious, according to analyst commentary Rivian narrows losses […] The post Rivian Stock Drops 8%: Why R2 Demand Couldn’t Save It appeared first on Rolling Out .

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