<ul data-eligibleForWebStory="false"><li>Rivian Automotive reported a year-over-year decline in Q2 deliveries, with 10,661 vehicles delivered compared to 13,790 in the same period last year.</li><li>The company produced 5,979 vehicles in the second quarter, with production impacted by preparations for the launch of model year 2026 vehicles.</li><li>Rivian's stock closed down 4.45% following the delivery report, which also included a $1 billion equity investment from Volkswagen Group.</li><li>Tesla also experienced a drop in deliveries for Q2 and missed analysts' expectations, citing challenges in the electric vehicle industry including tariffs and potential changes to EV tax credits.</li></ul>

It's not just Tesla — Rivian's deliveries were down last quarter, too

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