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.
Tesla Cybertruck is significantly different from traditional pickups on the market in a lot of ways. However, one feature that was recently modified with its interior was a highly requested characteristic that is present in other trucks, but was void from Cybertruck.
Tesla went with a five-seat configuration with Cybertruck: two in the front and three in the back. The spacious interior is matched with plenty of storage, especially up front, as a pass-through, center console, and other storage options, but some Tesla fans wanted something different: bench seating.
Bench seating is popular in many full-size pickups and allows three passengers to sit up front. The middle seat is usually accompanied by a fold-down storage unit with cupholders.
Tesla decided to opt for no bench seating up front, despite the fact that it equipped bench seating in the unveiling in 2019. Interior photos from the unveiling event from nearly six-and-a-half years ago show Tesla had originally planned to have a six-seat configuration.
This was adjusted after the company refined the design:
(Tesla Cybertruck interior configuration in 2019)
Despite Tesla abandoning this design, it does not mean owners were willing to accept it. One owner decided to modify their Tesla Cybertruck interior to equip that third seat between the driver’s and passenger’s thrones.
The fit is snug, and while it looks great, it is important to remember that this does not abide byregulations, as it would require an airbag to be technically legal. Please do not do this at home with your own Cybertruck:
-
- Credit: @blueskykites
-
- Credit: @blueskykites
-
- Credit: @blueskykites
The Cybertruck is a popular vehicle in terms of publicity, but its sales have been underwhelming since first delivered to customers back in 2023. It’s hard to believe it’s been out for two-and-a-half years, but despite this, Tesla has not been able to come through on its extensive order sheet.
This is mostly due to price, as Cybertruck was simply not as affordable as Tesla originally planned. Its three configurations were initially priced at $39,990, $49,990, and $69,990. At release, Cybertruck was priced above $100,000.
This priced out many of those who had placed orders, which is the main reason Cybertruck has not lived up to its expectations in terms of sales. The adjustments to the specific features, like the removal of the bench seat, likely did not impact sales as much as pricing did.
This modification shows some creativity by Tesla owners, but also shows that the Cybertruck could always be the subject of a potential refresh to include some of these features. Tesla routinely adjusts its vehicle designs every few years, so maybe the Cybertruck could get something like this if it chooses to refresh its all-electric pickup.
Elon Musk
Tesla CEO Elon Musk drops massive bomb about Cybercab
“And there is so much to this car that is not obvious on the surface,” Musk said.
Tesla CEO Elon Musk dropped a massive bomb about the Cybercab, which is the company’s fully autonomous ride-hailing vehicle that will enter production later this year.
The Cybercab was unveiled back in October 2024 at the company’s “We, Robot” event in Los Angeles, and is among the major catalysts for the company’s growth in the coming years. It is expected to push Tesla into a major growth phase, especially as the automaker is transitioning into more of an AI and Robotics company than anything else.
The Cybercab will enable completely autonomous ride-hailing for Tesla, and although its other vehicles will also be capable of this technology, the Cybercab is slightly different. It will have no steering wheel or pedals, and will allow two occupants to travel from Point A to Point B with zero responsibilities within the car.
Tesla shares epic 2025 recap video, confirms start of Cybercab production
Details on the Cybercab are pretty face value at this point: we know Tesla is enabling 1-2 passengers to ride in it at a time, and this strategy was based on statistics that show most ride-hailing trips have no more than two occupants. It will also have in-vehicle entertainment options accessible from the center touchscreen.
It will also have wireless charging capabilities, which were displayed at “We, Robot,” and there could be more features that will be highly beneficial to riders, offering a full-fledged autonomous experience.
Musk dropped a big hint that there is much more to the Cybercab than what we know, as a post on X said that “there is so much to this car that is not obvious on the surface.”
And there is so much to this car that is not obvious on the surface
— Elon Musk (@elonmusk) January 2, 2026
As the Cybercab is expected to enter production later this year, Tesla is surely going to include a handful of things they have not yet revealed to the public.
Musk seems to be indicating that some of the features will make it even more groundbreaking, and the idea is to enable a truly autonomous experience from start to finish for riders. Everything from climate control to emergency systems, and more, should be included with the car.
It seems more likely than not that Tesla will make the Cybercab its smartest vehicle so far, as if its current lineup is not already extremely intelligent, user-friendly, and intuitive.
Investor's Corner
Tesla Q4 delivery numbers are better than they initially look: analyst
The Deepwater Asset Management Managing Partner shared his thoughts in a post on his website.
Longtime Tesla analyst and Deepwater Asset Management Managing Partner Gene Munster has shared his insights on Tesla’s Q4 2025 deliveries. As per the analyst, Tesla’s numbers are actually better than they first appear.
Munster shared his thoughts in a post on his website.
Normalized December Deliveries
Munster noted that Tesla delivered 418k vehicles in the fourth quarter of 2025, slightly below Street expectations of 420k but above the whisper number of 415k. Tesla’s reported 16% year-over-year decline, compared to +7% in September, is largely distorted by the timing of the tax credit expiration, which pulled forward demand.
“Taking a step back, we believe September deliveries pulled forward approximately 55k units that would have otherwise occurred in December or March. For simplicity, we assume the entire pull-forward impacted the December quarter. Under this assumption, September growth would have been down ~5% absent the 55k pull-forward, a Deepwater estimate tied to the credit’s expiration.
“For December deliveries to have declined ~5% year over year would imply total deliveries of roughly 470k. Subtracting the 55k units pulled into September results in an implied December delivery figure of approximately 415k. The reported 418k suggests that, when normalizing for the tax credit timing, quarter-over-quarter growth has been consistently down ~5%. Importantly, this ~5% decline represents an improvement from the ~13% declines seen in both the March and June 2025 quarters.“
Tesla’s United States market share
Munster also estimated that Q4 as a whole might very well show a notable improvement in Tesla’s market share in the United States.
“Over the past couple of years, based on data from Cox Automotive, Tesla has been losing U.S. EV market share, declining to just under 50%. Based on data for October and November, Cox estimates that total U.S. EV sales were down approximately 35%, compared to Tesla’s just reported down 16% for the full quarter. For the first two months of the quarter, Cox reported Tesla market share of roughly a 65% share, up from under 50% in the September quarter.
“While this data excludes December, the quarter as a whole is likely to show a material improvement in Tesla’s U.S. EV market share.“
Tesla Cybertruck undergoes interior mod that many owners wanted
Tesla CEO Elon Musk drops massive bomb about Cybercab
