Rivian has unveiled the R2, its next-generation platform. The all-electric crossover is expected to bring Rivian into the next chapter of its growth as an automaker. It is also expected to allow Rivian to scale its operations, making it a mainstream automaker.
Rivian CEO RJ Scaringe presented the R2 to an enthusiastic audience. Following is a quick overview of the Rivian R2.
Exterior
The Rivian R2 looks very similar to the Rivian R1S. Just like the flagship SUV, it features a large frunk that could fit some luggage and gear. At the rear, the R2 includes some features that provide an open-air experience, such as quarter windows that pop out and a rear glass window that drops down. The drop-down rear glass of the R2 also makes loading items to the all-electric crossover’s trunk much easier.
Introducing R2.
⚡️0-60 under 3 seconds.
⚡️Up to 300+ miles of range.
⚡️Room for five and all your gear.
Reserve yours now: https://t.co/1H408AWcA4
Deliveries expected to begin in the first half of 2026. The features, options and digital displays shown are subject to… pic.twitter.com/xC5ZjyaoCL— Rivian (@Rivian) March 7, 2024
Size-wise, Scaringe noted that the Rivian R2 is about 400 mm (15.7 inches) shorter than the R1S. A slide used in the presentation noted that the R2 has a length of 4715 mm (185.6 inches), a height of 1700 mm (66 inches), and a wheelbase of 2935 mm (115.5 inches). This should make the all-electric crossover easier to maneuver and drive. Its compact size should also help it fit in tight spaces and garages.
Interior
The Rivian executive noted that despite its more compact dimensions compared to the R1S, the R2 is designed to feel spacious inside. “It feels so inviting,” Scaringe said. Like the R1T and R1S that came before it, the R2 is also a vehicle that’s designed to be taken outdoors. It was thus no surprise to see that the R2’s second and first-row seats are capable of folding flat for an optimal car camping experience.
Take a 360-degree tour of R2. pic.twitter.com/euyJkScRYq— Rivian (@Rivian) March 7, 2024
Much to the amusement of the audience, Scaringe noted that the R2 features two gloveboxes and Rivian’s trademark in-door flashlight. Steering wheel controls are dominated by two large scroll wheels, which is not unlike what’s used in the previous generation Tesla Model 3. Scaringe also noted that the R2 features 11 cameras and a suite of five radar sensors, four in the corners and one long range radar in front. The cameras and radar should help the Rivian R2’s planned self-driving features.
Specs
Scaringe did not share much about the Rivian R2’s specs, though he did state that the vehicle would be equipped with a battery pack comprised of 4695 cylindrical cells, which are larger than the 21 mm cells used in the R1 platform. It should also be noted that the Rivian R2 will feature a structural bombardment pack, which means that the top of the battery will be the floor of the vehicle itself.
Every seat in R2 can lay flat for the ultimate car camping experience. pic.twitter.com/hDH3c17y5N— Rivian (@Rivian) March 7, 2024
The Rivian R2 will be offered in three versions: a Single Motor Rear Wheel Drive (RWD) variant, a Dual Motor All Wheel Drive (AWD) variant, and a Tri-Motor variant with two motors on the back and one motor at the front. Scaringe noted that all three R2 variants are expected to achieve over 300 miles of range. The Tri-Motor R2 is expected to achieve a 0-60 mph time of less than 3 seconds.
Price and Release Date
The Rivian R2 is expected to start at $45,000. While Scaringe did not discuss details on the vehicle’s pricing, this amount is likely true for the entry-level RWD version. Still, $45,000 is quite competitive, as the Tesla Model Y, a best-selling all-electric crossover, starts at $43,990 before options today.
Feel the breeze from all directions with the R2’s 360-degree open air experience, including powered rear glass. pic.twitter.com/GMKOEg5HpW— Rivian (@Rivian) March 7, 2024
Scaringe noted that the Rivian R2 is expected to start deliveries in the second half of 2026. The vehicle will initially be built at Rivian’s Normal, IL facility.
Watch Rivian’s R2 unveiling in the video below.
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Tesla (NASDAQ: TSLA) reported its earnings for the first quarter of 2026 on Wednesday afternoon. Here’s what the company reported compared to what Wall Street analysts expected.
The earnings results come after Tesla reported a massive beat on vehicle deliveries for the second quarter, delivering 489,126 vehicles and building 451,758 cars during the three-month span.
This was a major shock for those on Wall Street as they anticipated somewhere around 400,000 deliveries for the quarter, and showed Tesla still has plenty of demand for its vehicles around the world and in the U.S. despite losing the $7,500 EV Tax Credit last year.
Tesla Q2 2026 Earnings Results
- Non-GAAP EPS – $0.33 reported vs. $0.53 expected
- Revenues – $28.236 billion reported vs. $26.4 billion expected
- Free Cash Flow- -$1.092B
- Profit -$ 4.751B
Tesla (beat/missed) analyst expectations, so the market response to the company’s quarter is what we will look for next.
Tesla shares closed today down just over 1 percent, trading at $374.01.
In the past, it has been anyone’s guess with what Tesla shares will do after they report earnings. Strong quarters have resulted in sharp drops, while lackluster quarters have seen the stock shoot up considerably.
Tesla will hold its Q2 2026 Earnings Call in about 90 minutes at 5:30 p.m. on the East Coast. Remarks will be made by CEO Elon Musk and other executives, who will shed some light on the investor questions that we covered earlier this week.
You can stream it below. Additionally, we will be doing our Live Blog on X and Facebook.
Q2 2026 Earnings Call https://t.co/zZS6ii2TWK
— Tesla (@Tesla) July 22, 2026
Tesla is about to make parking in busy parking lots at businesses and other points of interest less stressful than ever by allowing drivers more control over where they park and how, CEO Elon Musk confirmed on X.
Tesla has been working to improve the parking performance of vehicles utilizing the Full Self-Driving suite, but now it is looking to add more customization, allowing drivers to choose the specific space they park in, but also potentially the orientation the car pulls into the spot:
It’s coming soon
— Elon Musk (@elonmusk) July 21, 2026
Musk has reiterated on X twice over the past several weeks that Tesla is working to make things with the FSD suite based more on the driver’s specific preferences and behaviors that were seen in past drives.
Essentially, it sounds like if you tend to park away from a business to avoid other vehicles, Tesla FSD will soon recognize that preference of yours and start parking further away as well. Additionally, the prospect of assigned parking spaces has been something many owners have voiced concerns about.
Living in a community with assigned parking spaces makes using FSD incredibly difficult as it will rarely park in the correct spot when there are so many to choose from. This is also pertinent in work settings where there are sometimes assigned parking spaces.
The updates to Tesla’s Full Self-Driving suite in terms of listening to driver preferences with parking are also extending to routing. Tesla announced yesterday that with the release of its 2026 Summer Update, it was adding Automatic Navigation and Preferred Routes:
Tesla reveals 2026 Summer Update with crazy fixes to Nav and more
Tesla has always maintained the idea that any human input is bad input, and that, ideally, Tesla Full Self-Driving will always make the right decision. Of course, this is all in theory, but the issue is that so many of Tesla’s interventions have come because it does something that is not necessarily wrong, but perhaps not what the driver would prefer.
Taking these preferences into account will help Tesla alleviate some of the potentially unnecessary interventions that drivers perform.
Tesla is starting to prepare for the launch of the Optimus robot in its smartphone app, new coding strings show. Elon Musk has referred to Optimus as what will be the greatest-selling product of any kind of all time, and now, Tesla is getting ready for its launch.
Tesla’s smartphone app had several first-time mentions of the Optimus program, according to Tesla App Updates, who intially reported on the appearance. Here’s what they found:
A Dedicated “Robot” Phone Key Authentication
Tesla is working on a Bluetooth Low Energy, or BLE, authentication that is specifically for robots. This does not only apply to Optimus, though, as Robotaxi, which is Tesla’s autonomous ride-hailing platform, might also identify vehicles within the fleet as robots as well.
Tesla shows rapid teardown of Model S and X lines, paving the way for Optimus at Fremont
Essentially, pairing your phone as a key to anything Tesla identifies as a robot to a “whitelist” of authorized devices. Optimus, Robotaxi, or other products that fall into this category will only respond if the device trying to communicate with it is authorized.
This is a great security feature that will eliminate at least face-value and low-level threats.
Home Data Collection and System Alerts
This appears to be somewhat of a neural network for Optimus within your house. There will be a dedicated screen that asks for consent to collect both video and spatial data while Optimus performs in-home tasks. Everything from vacuuming, washing dishes, dusting, and other activities will be tracked.
There will also be a comprehensive alert system that will track everything from low battery to mechanical issues.
Other Changes
Most of the changes tracked in this particular app update are related to Tesla’s 2026 Summer Update, and include things such as image assets for new features, a preview of the new custom wraps feature, and other unique features.
You can check out our coverage on what is included with the 2026 Summer Update here:
Tesla reveals 2026 Summer Update with crazy fixes to Nav and more
Tesla (TSLA) Q2 2026 earnings results: miss on EPS, beat on revenue
Tesla is about to make parking in busy lots less stressful than ever
