It's not just Tesla — Rivian's deliveries were down last quarter, too
1. Rivian's Q2 deliveries fell to 10,661 vehicles, a 22% drop. 2. Production decreased to 5,979 vehicles as preparations for new models began. 3. Volkswagen Group invested $1 billion in Rivian for a joint venture. 4. Tesla also reported a decline in deliveries, facing industry headwinds. 5. Potential tax credit loss may affect Rivian indirectly through market dynamics.