Tesla Has Been Selling the World's Most Efficient EVs for Years, But Rivian May Have Just Unseated It
Source: Motley Fool
2026-06-03 10:27:28 ET
Rivian ’s (NASDAQ:RIVN) CEO, RJ Scaringe, has owned a Tesla (NASDAQ:TSLA) Model Y. Now, he has built its closest competitor.
For years, Tesla has been the gold standard for electric vehicle (EV) efficiency, extracting more miles per kilowatt-hour (kWh) of battery capacity than anyone else. However, Rivian may have just pulled off a massive engineering feat, matching Tesla’s flagship crossover SUV dead-on for energy efficiency. This could practically change the EV landscape as we see it today.
Image source: Rivian Automotive.
Rivian Automotive Inc.
NASDAQ: RIVN
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Stock Market Today, June 3: Rivian Automotive Jumps on Strong R2 SUV Order Interest
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Vehicles
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