Can Rivian Beat Tesla in the Long Term?

Rivian has begun deliveries of its affordable R2 model starting at under $47,000, marking a critical push into the mainstream EV market. While the company faces a challenging environment with reduced EV demand and eliminated federal tax credits, success with the R2 could help Rivian gain market share against Tesla's dominance. However, Tesla and BYD currently control about 25% of the global EV market, and analysts don't expect Tesla to be dethroned for several more years.