Published on 23 Apr 2024 on Benzinga
Rivian Automotive, Inc. RIVN on Monday quietly sneaked in a price benefit to its users even as industry leader Tesla announced price cuts over the weekend.
What Happened: Commemorating the ‘Earth Day,’ observed every year on April 22, Rivian said it would start offering a discount of up to $5,000 on qualifying new R1 models when customers trade in select gas-powered vehicles.