Rivian Reports Q3 Deliveries for the R2 SUV in October. Here's How Investors Should Prepare.

Key Points Rivian is proving to be a compelling stock pick for the robotaxi economy. However, the electric vehicle maker must scale R2 production and sales. 10 stocks we like better than Rivian Automotive › It's hard to overstate how important the Model Y was for Tesla 's (NASDAQ: TSLA) overall growth journey. Today, that model alone accounts for more than 90% of Tesla's vehicle sales. The Model Y allowed Tesla to significantly expand its sales base, which, in turn, enabled the company to scale its production facilities to reach economies of scale -- the driving force behind Tesla's 24-quarter streak of consecutive profits. In short, the Model Y is one of the biggest factors behind Tesla's current $1.1 trillion market capitalization.