Rivian Unveils R2 and R3 Models, Sparking Interest and Investment

Rivian's latest electric vehicles, the R2 and R3, have been revealed, showcasing innovative features and attracting significant attention.

Rivian CEO R.J. Scaringe unveiled the R2 and R3 models, featuring innovative designs and capabilities, including a more affordable R2 SUV.
The reveal event led to a 20% spike in Rivian's stock, despite previous market cap declines and a delayed assembly plant expansion in Georgia.
Over 68,000 reservations for the R2 were made in less than 24 hours, indicating strong market interest.
The R2 and R3 models include unique features such as a slide-out cargo floor, dual glove boxes, and a portable backup battery with a hand warmer.
Speculation arises on whether Apple should acquire Rivian, aligning with its automotive and environmental ambitions.