Rivian's R2 Reckoning: A Delivery Beat and Raised Guidance Reignite the Turnaround Case
Rivian shares surged as much as 15% Thursday after Q2 deliveries topped guidance and management raised its full-year 2026 outlook to 65,000-70,000 vehicles, a rare EV upside surprise as Lucid missed estimates and Tesla's own beat got overshadowed by margin worries.