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Tesla (TSLA) Faces Pressure as Rivian Advances AI Autonomy and Launches Affordable R2 Model

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The Story

News Summary

  • Rivian unveiled new AI and autonomy tech aiming for Level 4 self-driving, introducing a cheaper R2 model and Volkswagen partnership amid cooling EV demand; Tesla’s current Level 2 autonomy and pricing put it at a competitive disadvantage.
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TSLA price history

365.44 -12.53% over the displayed period

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