Rivian has announced initial award recipients for grants from its philanthropic arm, coming a few years after the electric vehicle (EV) maker first detailed plans for the project.
On Monday, the company launched a dedicated website detailing the Rivian Foundation, which the company first announced in 2021 as a way to provide funding to sustainability and conservation projects. Rivian has named the first 41 grant winners, mostly based in the U.S., which will collectively be awarded over $10 million over the course of one- and two-year projects.
The awards range in value from $2 million to smaller grants between $40,000 and $60,000, with a number of other totals in between. The Rivian Foundation is also giving to projects with a broad range of geographical scopes, with some being granted to those in specific U.S. states, across the country, or in North America overall, along with some footing more global efforts.
The top awardee was The Nature Conservancy, which received $2 million as part of a two-year project to help preserve wildlife and protect cultural resources in California. Other high-value grantees included the global Ocean Resilience Climate Alliance (ORCA) and the U.S.-based Alliance for Tribal Clean Energy, which received $1 million and $500,000, respectively.
Rivian Foundation: initial grant recipients
- Alliance for Tribal Clean Energy ($500,000)
- Billion Oyster Project ($100,000)
- CalWild ($50,000)
- Conservation Lands Foundation ($400,000)
- Cumberland River Compact ($100,000)
- Deep Sea Conservation Coalition ($200,000)
- Duwamish River Community Coalition ($140,000)
- Ecology Action Center ($60,000)
- Force Blue ($200,000)
- Friends of the Owyhee ($60,000)
- Grid Alternatives ($300,000)
- Georgia Conservancy ($140,000)
- Greening Youth Foundation ($120,000)
- Harlem Grown ($100,000)
- Indigenous Led ($250,000)
- Laguna Canyon Foundation ($60,000)
- Maasai Wilderness Conservation ($300,000)
- Mad Agriculture ($140,000)
- National Indian Carbon Coalition ($300,000)
- Nature for All ($120,000)
- Northern Chumash Tribal Council ($140,000)
- Nuestra Tierra Conservation Project ($100,000)
- Ocean Resilience Climate Alliance (ORCA) ($1,000,000)
- Open Space Institute ($250,000)
- Oregon Natural Desert Association ($140,000)
- Prairie Rivers Network ($100,000)
- Resolve ($125,000)
- Rare ($300,000)
- Save The Waves ($160,000)
- Shelterwood Collective ($100,000)
- Society for the Protection of Underground Networks (SPUN) ($300,000)
- Soul Trak Outdoors ($40,000)
- South River Watershed Alliance ($80,000)
- Surfrider Foundation ($200,000)
- The Ecology Center ($180,000)
- The Film Collaborative ($250,000)
- The Greening of Detroit ($180,000)
- The Nature Conservancy ($2,000,000)
- Tongva Taraxat Paxaavxa Conservancy ($100,000)
- Trout Unlimited ($300,000)
- Urban Roots ($80,000)
- Vieques Conservation and Historical Trust ($370,000)
Rivian has also shared additional details on each grant program selected, which you can find on its website here.
Rivian Foundation mission, renewable matching, R1 footprint report
Upon initially announcing the philanthropic program, Rivian said it would dedicate 1 percent of its equity at the time of its IPO to the foundation’s efforts, as part of a mission to make the “natural world” a stakeholder.
Rivian also announced a renewable energy matching initiative on Monday, in which it’s purchasing 4.8 MWh of renewable energy certificates (RECs) from U.S. wind and solar projects for every vehicle it sells by the end of the year. The company also shared its initial carbon footprint report for the R1 Gen 2 this month, noting that it has decreased vehicle carbon footprint by 15 percent with the newly refreshed EVs.
Rivian opens Yosemite Charging Outpost with snacks, games, and more
What are your thoughts? Let me know at zach@teslarati.com, find me on X at @zacharyvisconti, or send us tips at tips@teslarati.com.
News
Tesla China registrations hit 20.7k in final week of June, highest in Q2
The final week of June stands as the second-highest of 2025 and the best-performing week of the quarter.
Tesla China recorded 20,680 domestic insurance registrations during the week of June 23–29, marking its highest weekly total in the second quarter of 2025.
The figure represents a 49.3% increase from the previous week and a 46.7% improvement year-over-year, suggesting growing domestic momentum for the electric vehicle maker in Q2’s final weeks.
Q2 closes with a boost despite year-on-year dip
The strong week helped lift Tesla’s performance for the quarter, though Q2 totals remain down 4.6% quarter-over-quarter and 10.9% year-over-year, according to industry watchers. Despite these declines, the last week of June stands as the second-highest of 2025 and the best-performing week of the quarter.
As per industry watchers, Tesla China delivered 15,210 New Model Y units last week, the highest weekly tally since the vehicle’s launch. The Model 3 followed with 5,470 deliveries during the same period. Tesla’s full June and Q2 sales data for China are expected to be released by the China Passenger Car Association (CPCA) in the coming days.
Tesla China and minor Model 3 and Model Y updates
Tesla manufactures the Model 3 and Model Y at its Shanghai facility, which provides vehicles to both domestic and international markets. In May, the automaker reported 38,588 retail sales in China, down 30.1% year-over-year but up 34.3% from April. Exports from Shanghai totaled 23,074 units in May, a 32.9% improvement from the previous year but down 22.4% month-over-month, as noted in a CNEV Post report.
Earlier this week, Tesla introduced minor updates to the long-range versions of the Model 3 and Model Y in China. The refreshed Model 3 saw a modest price increase, while pricing for the updated Model Y Long Range variant remained unchanged. These adjustments come as Tesla continues refining its China lineup amid shifting local demand and increased competition from domestic brands.
Elon Musk
Tesla investors will be shocked by Jim Cramer’s latest assessment
Jim Cramer is now speaking positively about Tesla, especially in terms of its Robotaxi performance and its perception as a company.
Tesla investors will be shocked by analyst Jim Cramer’s latest assessment of the company.
When it comes to Tesla analysts, many of them are consistent. The bulls usually stay the bulls, and the bears usually stay the bears. The notable analysts on each side are Dan Ives and Adam Jonas for the bulls, and Gordon Johnson for the bears.
Jim Cramer is one analyst who does not necessarily fit this mold. Cramer, who hosts CNBC’s Mad Money, has switched his opinion on Tesla stock (NASDAQ: TSLA) many times.
He has been bullish, like he was when he said the stock was a “sleeping giant” two years ago, and he has been bearish, like he was when he said there was “nothing magnificent” about the company just a few months ago.
Now, he is back to being a bull.
Cramer’s comments were related to two key points: how NVIDIA CEO Jensen Huang describes Tesla after working closely with the Company through their transactions, and how it is not a car company, as well as the recent launch of the Robotaxi fleet.
Jensen Huang’s Tesla Narrative
Cramer says that the narrative on quarterly and annual deliveries is overblown, and those who continue to worry about Tesla’s performance on that metric are misled.
“It’s not a car company,” he said.
He went on to say that people like Huang speak highly of Tesla, and that should be enough to deter any true skepticism:
“I believe what Musk says cause Musk is working with Jensen and Jensen’s telling me what’s happening on the other side is pretty amazing.”
Tesla self-driving development gets huge compliment from NVIDIA CEO
Robotaxi Launch
Many media outlets are being extremely negative regarding the early rollout of Tesla’s Robotaxi platform in Austin, Texas.
There have been a handful of small issues, but nothing significant. Cramer says that humans make mistakes in vehicles too, yet, when Tesla’s test phase of the Robotaxi does it, it’s front page news and needs to be magnified.
He said:
“Look, I mean, drivers make mistakes all the time. Why should we hold Tesla to a standard where there can be no mistakes?”
It’s refreshing to hear Cramer speak logically about the Robotaxi fleet, as Tesla has taken every measure to ensure there are no mishaps. There are safety monitors in the passenger seat, and the area of travel is limited, confined to a small number of people.
Tesla is still improving and hopes to remove teleoperators and safety monitors slowly, as CEO Elon Musk said more freedom could be granted within one or two months.
News
Tesla launches ultra-fast V4 Superchargers in China for the first time
Tesla has V4 Superchargers rolling out in China for the first time.
Tesla already has nearly 12,000 Supercharger piles across mainland China. However, the company just initiated the rollout of the ultra-fast V4 Superchargers in China for the first time, bringing its quick-charging piles to the country for the first time since their launch last year.
The first batch of V4 Superchargers is now officially up and running in China, the company announced in a post on Chinese social media outlet Weibo today.
The company said in the post:
“The first batch of Tesla V4 Superchargers are online. Covering more service areas, high-speed charging is more convenient, and six-layer powerful protection such as rain and waterproof makes charging very safe. Simultaneously open to non-Tesla vehicles, and other brands of vehicles can also be charged. There are more than 70,000 Tesla Superchargers worldwide. The charging network layout covers 100% of the provincial capitals and municipalities in mainland China. More V4 Superchargers will be put into use across the country. Optimize the charging experience and improve energy replenishment efficiency. Tesla will accompany you to the mountains, rivers, lakes, and seas with pure electricity!”
The first V4 Superchargers Tesla installed in China are available in four cities across the country: Shanghai, Zhejiang, Gansu, and Chongqing.
Credit: Tesla China
Tesla has over 70,000 Superchargers worldwide. It is the most expansive and robust EV charging network in the world. It’s the main reason why so many companies have chosen to adopt Tesla’s charging connector in North America and Europe.
In China, some EVs can use Tesla Superchargers as well.
The V4 Supercharger is capable of charging vehicles at speeds of up to 325kW for vehicles in North America. This equates to over 1,000 miles per hour of charging.
Tesla China registrations hit 20.7k in final week of June, highest in Q2
Tesla investors will be shocked by Jim Cramer’s latest assessment
Tesla launches ultra-fast V4 Superchargers in China for the first time
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