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Rivian raises 2026 delivery guidance as R2 deliveries begin

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RIVN
RIVN Rivian Automotive Inc
$16.78 +2.76%
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  1. 1Rivian (RIVN) reported second-quarter results and raised its annual delivery guidance as it began customer deliveries of the more affordable R2 SUV
  2. 2Its 2026 delivery outlook is 65,000 to 70,000 units, with second-quarter deliveries of 12,194 vehicles and revenue of $1.658 billion
  3. 3Adjusted EBITDA guidance was improved by $50 million at the midpoint, and the CFO said R2 is on track to reach gross profit breakeven on revenue before year-end

This 3-line summary is compiled from the report below.

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