Technology TechCrunch 109d ago

Rivian will pay $250M to settle lawsuit over R1 price hike

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Why This Matters

Rivian has agreed to pay $250M to settle a lawsuit over a 2022 price hike on its R1 lineup, which negatively impacted its stock price.

Market Impact

Market impact analysis based on bearish sentiment with 90% confidence.

Sentiment
Bearish
AI Confidence
90%

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

The three-year-old lawsuit centered on Rivian's sudden decision to increase prices on the R1 lineup in 2022, which sank the stock price.

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Original article published by TechCrunch on October 24, 2025.
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