Rivian Automotive, Inc. (RIVN) Presents At Goldman Sachs Communacopia + Technology Conference 2025 Transcript

Core Insights - The R2 product is positioned as a crucial future offering for the company, representing a significant shift in its product strategy and market approach [1][2] - The company has reported over 100,000 nonbinding preorders for the R2, indicating strong initial demand and interest in the product [1] - The R2 is expected to broaden the customer base significantly due to its lower starting price of $45,000 compared to the flagship R1, which has an average selling price of around $90,000 [2] Demand Assessment - The company is optimistic about the demand for the R2, viewing it as an inflection point that will enable higher production volumes and better coverage of fixed costs [2] - The transition from the R1 to the R2 is seen as a strategic move to connect with a wider audience and enhance brand visibility [2]