RIVN Stock Rises 4% After-Hours — Rivian Says R2 Is Exceeding Internal Expectations, Attracting Former Tesla Owners And New EV Buyers

Rivian's R2 exceeds internal expectations, attracting former Tesla owners and new EV buyers.

Customer deliveries of the R2 began in June, with production scaling to the end of the year.

Rivian's stock rose 4% after-hours following the announcement about R2's performance.