Rivian's Money-Saving Strategy Involves Reusing Old Batteries

Rivian's Money-Saving Strategy Involves Reusing Old Batteries

Rivian is ramping up production and looking for new ways to save money. It appears to have found quite a clever solution right on its own factory floor.

Rivian (RIVN) Assigned $23 Price Target, Software Strength Supports Margins

NEW YORK, August 11, 2026, 14:45 EDT On August 10, Needham maintained its Buy rating and kept the price target at $23. The target suggests a 41.8% increase from Rivian's Tuesday price of $16.22. Software generated $215 million in gross profit for the second quarter, while the automotive segment reported a $36 million loss. Shares…

Rivian's R2 VIN Assignments Near 6,000 Units Ahead of Second Production Shift

Rivian has assigned nearly 6,000 vehicle identification numbers (VINs) to its R2 SUV, according to owner tracking, adding close to 950 serials in the two weeks since the count passed 5,000 in late July. The latest reading came on Monday from an Arizona buyer posting as ‘robstilltrippin’ on the Rivian Forums order tracker: “Vin assigned 5950 / Invite to purchase 8/10/26,” the buyer wrote, noting the serial arrived almost four weeks after his orde…