Keep pulling the thread on Tesla Model Y Performance.
The speaker predicts that demand for the Rivian R2 will outweigh the company's supply of the vehicle through 2028.
The speaker predicts the Rivian R2 will become the company's bestselling vehicle by the end of 2027.
The speaker predicts the Rivian R2 will take market share from the Tesla Model Y, particularly around 2027.
Rivian's official guidance for 2026 is to deliver between 62,000 and 72,000 vehicles across all its model lineups.
Based on Rivian's 2026 guidance, the company is projected to produce approximately 20,000 to 25,000 R2 units in that year.
Rivian's Normal, Illinois plant is being upgraded to an eventual output capacity of approximately 250,000 vehicles per year, with capacity for up to 155,000 R2s.
Rivian's Georgia manufacturing plant is planned to be fully operational around 2028.
Rivian is introducing lidar and two 800-teraops chips in its upcoming vehicles.
The primary competitors for the Rivian R2 are premium SUVs like the Tesla Model Y Performance, Cadillac Lyric V, Audi SQ6 e-tron, Genesis GV60, Genesis GV70, and Volvo CX60.
Tesla's basic lane centering feature requires a Full Self-Driving (FSD) subscription, which costs $99 per month.
Rivian's autonomy strategy includes built-in lane centering and hands-free features, differentiating it from Tesla's subscription-based model for similar capabilities.
Major tech and automotive reviewers, including Marquise Brownlee, JerryRigEverything, Doug DeMuro, Inside EVs, and Motor Trend, have all released positive reviews of the Rivian R2.