Key takeaways
- Rivian's R2 is now its best-selling vehicle, which could put the company one step closer to profitability.
- Rivian (RIVN) hasn't exactly been hiding the fact that it is using Tesla's (TSLA) playbook.
- If Tesla is the example, investors could see Rivian's stock price rocket by as much as 1,000% if the good news keeps rolling in.
Rivian has proven it can build desirable vehicles at scale, with the R2 proving it can also sell them to the mass market. The company still needs to produce more vehicles, but a successful R2 moves it one step closer to profitability.
See the latest quote, chart and news for RIVN.
