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Rivian Bets $9.5 Million on Round Rock Service Center as R2 Launch Looms
Rivian

Rivian Files To Sell 75 Million Shares Into Its R2 Rally, The Dilution We Called In February

Rivian filed to sell 75 million new Class A shares after Monday’s market close, a deal worth roughly $1.5 billion at the day’s $20.14 closing price. The company says the proceeds will fund general corporate purposes, including the equity contribution requirements tied to its Department of Energy (DOE) loan for the Georgia factory. The timing…

Tesla Model Y. Model Year 2026. Photo credit: Tesla
Tesla

Tesla Posts Its Best June Ever In The UK As Electric Cars Take 30% Of The Market

Tesla registered 12,173 new cars in the United Kingdom in June, the brand’s best June on record there and a 58% jump over the 7,719 it managed a year earlier, according to Society of Motor Manufacturers and Traders (SMMT) data published Monday, July 6, 2026. That volume handed Tesla 5.7% of the entire British new…

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