Does Jeff Bezos still own Rivian?
Amazon is also still the largest shareholder of Rivian, with 17% of its shares in their name, but despite this, neither Amazon nor its billionaire founder Jeff Bezos own, or have ever owned, Rivian. Top institutional holders Institutional investors hold the majority of Rivian shares. As of November 2025, Amazon. Inc (AMZN). Porsche Automobil Holding SE (PAH3) and Abdul Latif Jameel IPR Company Limited.Rivian Automotive (RIVN) Bezos, through Amazon, invested in Rivian early on and Amazon now owns about 16% of the company. The jury is out on whether the electric car company can energize enthusiasm in the consumer market, but it has a potential future as delivery vehicles for Amazon.Scaringe, an American engineer and entrepreneur. In 2021, Rivian went public on the Nasdaq. Amazon owns 18. Rivian and Volkswagen owns a 16% share. Abdul Latif Jameel, which is a family-owned business conglomerate from Saudi Arabia.Amazon’s investment strategy Rivian is an electric vehicle company (EV) that has been making waves in Silicon Valley, so it is wise for Amazon to invest in it. Amazon is known for making big bets on companies with growth potential and can help them grow their market share.
What is the controversy with Rivian?
Electric vehicle maker Rivian Automotive agreed to pay $250 million to settle a class action lawsuit which alleges it violated federal securities law by making material misstatements related to vehicle pricing following its initial public offering in 2021, the company said in a Thursday press release. You can expect a typical Rivian R1T to survive around 250,000 miles, which places high mileage at the 200,000 mark and good mileage at 180,000 miles. Maintenance is vital to keep the lifespan up, especially since the core of the Rivian R1T is a battery you must keep in excellent shape.Like any growth-stage EV company, Rivian is financially draining. Four years into production, Rivian is burning about $1 billion in cash per quarter. As of Q1–2025, Rivian has $7 Billion in cash. If costs do not fall, this gives them around 2 years before needing more funding.The price of the 2026 Rivian R1T starts at $72,790 and goes up to $125,800 depending on the trim and options. We feel that the Adventure Dual-Motor model makes the most sense, particularly when equipped with the large battery pack that extends the EPA-estimated range from 258 miles to 330.
Why is Rivian struggling?
Rivian Has Been Struggling Recently While Rivian builds its vehicles in the U. S. In a 2024 assessment of automotive brand reliability, Consumer Reports ranked Rivian second from the bottom among the 32 companies it reviewed. Only Jeep was worse. At the same time, EVs have earned a reputation for plunging resale values, making them a potentially smart buy on the resale market.Founded for a better future From SUVs and pickup trucks to delivery vans, we make electric cars that people love. Rivian vehicles are safe, reliable and fun to drive. They are designed and assembled in America, but driven around the world.Rivian vehicles are safe, reliable and fun to drive. They are designed and assembled in America, but driven around the world. And soon, our next line of world-class vehicles will be proudly made right here in Georgia.It’s number one in owner satisfaction, according to the vaunted Consumer Reports Automotive Brand Report Card, 2026 edition. In] the latest results,” a RivianTrackr commentary said, “85 percent of Rivian owners say they would buy their vehicle all over again, which is higher than any other brand surveyed.Rivian, which has a far greater market value now than Ford, on Friday confirmed termination of plans. As Ford has scaled its own EV strategy and demand for Rivian vehicles has grown, we’ve mutually decided to focus on our own projects and deliveries.
What is the Rivian scandal?
On the Dash: Rivian will pay $250 million to settle a 2022 class-action lawsuit accusing the electric vehicle maker of misleading investors about vehicle pricing during its 2021 initial public offering, according to a recent court filing. A $1,000 price increase on the base 2025 Rivian R1S Dual Standard brings its starting price to $76,990, but it’s still far less expensive than the $89,990 Tesla Model X. Both models come standard with two motors and all-wheel drive.Both of these large electric SUVs have impressive performance, but the Rivian R1S is a more complete luxury package and a more complete SUV when it comes to interior comfort, off-roading capability, and three-row roominess. The Model X handles better and charges quicker, however.Pricing and Which One to Buy The price of the 2026 Rivian R1T starts at $72,790 and goes up to $125,800 depending on the trim and options. We feel that the Adventure Dual-Motor model makes the most sense, particularly when equipped with the large battery pack that extends the EPA-estimated range from 258 miles to 330.
Is Rivian a Japanese company?
Rivian is an electric car brand in the United States (and is different than Tesla and other competitors). Rivian Automotive (RIVN) Bezos, through Amazon, invested in Rivian early on and Amazon now owns about 16% of the company.Electric vehicle maker Rivian achieved its second consecutive quarterly gross profit in Q2, which triggered a $1 billion cash infusion from partner Volkswagen Group, CEO and founder RJ Scaringe said during a call with analysts May 6.In July 2020, Tesla filed a lawsuit against Rivian, alleging that Rivian had engaged in a systematic effort to recruit Tesla employees and misappropriate its trade secrets.However, Rivian is an American-born, designed, programmed, and assembled electric vehicle brand. Founded in 2009 by RJ Scaringe, the company has headquarters in Irvine, California, but its manufacturing strength comes from its Normal, Illinois plant, making it as close to an american-made electric vehicle as they come.