While most of the EV sector stumbled this week, Rivian delivered a surprise win with shares climbing 5% after the company raised its delivery outlook, powered by strong momentum on the R2 ramp—its most affordable vehicle yet.

The result stands out sharply against a challenging week for electric vehicle makers, with Tesla falling 3% and Lucid sliding 2%. Rivian's achievement suggests the R2 could be a genuine turning point for the company as it scales production of lower-cost models that appeal to a broader market. Wall Street is now asking whether this momentum can sustain as Rivian works to prove its long-term profitability story. Read the full story →

Today's takeaway: When it comes to EVs, execution on affordable models matters more than hype—and Rivian just proved it can deliver both.