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Yahoo Finance Senior Autos Reporter Pras Subramanian says Rivian's R2 electric vehicle could be the company's most important model yet. The R2 is a smaller, mid-sized crossover SUV with a premium interior, more second-row legroom than the R1, and a performance trim delivering 630 horsepower and 0 to 60 miles per hour in 3.5 seconds. Subramanian notes the R2's suspension damping and quiet cabin make it a standout, and he believes it can follow Tesla's path to profitability by offering a base model at around $45,000. He adds that competing with the Tesla Model Y on price and profitability will be a major challenge for Rivian.

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