Rivian electric van spotted in Walmart+ livery, hinting at a fleet deal
Rivian electric van spotted in Walmart+ livery, hinting at a fleet deal

A Rivian electric delivery van wrapped in Walmart+ branding was photographed on a car hauler on I-94 in northwest Indiana today. It’s the first public sign that Walmart could become Rivian’s next big van customer after Amazon.

Neither company has an…

Rivian (RIVN) CFO steps down for GE Vernova amid critical R2 ramp
Rivian (RIVN) CFO steps down for GE Vernova amid critical R2 ramp

Rivian CFO Claire McDonough is stepping down effective October 30, leaving after nearly six years to become chief financial officer of energy giant GE Vernova.

The departure lands at the most important moment in Rivian’s history — the ramp of the R2…

Rivian (RIVN) launches 75M-share sale to raise ~$1.5B for R2 push
Rivian (RIVN) launches 75M-share sale to raise ~$1.5B for R2 push

Rivian has commenced an underwritten public offering of 75 million shares of common stock, a raise worth roughly $1.5 billion based on the stock’s recent price.
The capital raise lands just days after Rivian’s stock rallied on stronger-than-expected Q2…