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Rivian Automotive, Inc. / DE vs Tesla (RIVN vs TSLA)

Side by side from their SEC filings: revenue, margins, growth, returns and valuation, plus short interest, insider activity and institutional ownership.

Tesla is the larger company by revenue ($94.8B vs $5.4B) and market value ($1.4T vs $25.1B). Rivian Automotive, Inc. / DE has grown revenue faster over the last 4 fiscal years (+9694.5% cumulative vs +76.2%). Tesla runs the higher operating margin (4.6% vs -66.5%).

About Rivian Automotive, Inc. / DE

Rivian Automotive, Inc. is an American automotive technology company that designs and manufactures electric vehicles and related technologies. Its main products include consumer vehicles like the R1T pickup truck and R1S SUV, upcoming midsize models R2 and R3, and commercial electric delivery vans developed in partnership with Amazon. Rivian also offers software and services such as advanced driver assistance, vehicle maintenance, charging networks, and fleet management solutions, serving both individual consumers and commercial customers.

About Tesla

Tesla, Inc. designs, develops, manufactures, sells, and leases high-performance fully electric vehicles and energy generation and storage systems. Its automotive products include consumer electric vehicles such as the Model 3, Model Y, Model S, Model X, Cybertruck, and the Tesla Semi, along with related services like vehicle leasing, insurance, and Supercharging. Tesla also offers energy storage products like Powerwall and Megapack, solar energy generation systems including solar panels and Solar Roof, and develops AI-based technologies for autonomous driving and robotics, serving individual consumers, commercial clients, utilities, and energy markets globally.

Head to head (RIVN FY2025 vs TSLA FY2025)

MetricRIVNFY2025TSLAFY2025
Revenue$5.39B$94.83B
Revenue growth (YoY)8.4%-2.9%
Gross margin2.7%18.0%
Operating margin-66.5%4.6%
Net margin-67.7%4.0%
Net income$-3.65B$3.79B
Diluted EPS$-3.07$1.08
FCF margin-46.2%6.6%
ROE-79.4%4.6%
Debt / equity1.0×0.1×
Market cap$25.05B$1.43T
P/E (TTM)349.4×

Fundamentals are from each company’s SEC filings (RIVN FY2025, TSLA FY2025). P/E and market cap are derived from recent market prices and update daily.

Five-year trend (as reported)

RevenueFY2021FY2022FY2023FY2024FY2025
RIVN$55.0M$1.66B$4.43B$4.97B$5.39B
TSLA$53.82B$81.46B$96.77B$97.69B$94.83B
Net incomeFY2021FY2022FY2023FY2024FY2025
RIVN$-4.69B$-6.75B$-5.43B$-4.75B$-3.65B
TSLA$5.52B$12.56B$15.00B$7.09B$3.79B
Operating marginFY2021FY2022FY2023FY2024FY2025
RIVN-94.3%-66.5%
TSLA12.1%16.8%9.2%7.2%4.6%

Peer standing

Where each company ranks among the 403 Consumer Discretionary companies, on the same scale. Each figure is ranked only against peers that report it. Percentiles describe position in the distribution, not a rating.

MetricRIVNTSLA
Gross margin
2.7%1st percentile of 275
18.0%19th percentile of 275
Operating margin
-66.5%1st percentile of 348
4.6%54th percentile of 348
Net margin
-67.7%1st percentile of 377
4.0%59th percentile of 377
FCF margin
-46.2%1st percentile of 350
6.6%65th percentile of 350
Revenue growth (YoY)
+8.4%70th percentile of 394
-2.9%27th percentile of 394
ROE
-79.4%8th percentile of 343
4.6%43rd percentile of 343
Debt / equity
0.97×66th percentile of 231
0.08×17th percentile of 231
Short interest (days to cover)
4.98d74th percentile of 401
1.72d24th percentile of 401

Short interest

FINRA settlement dataRIVNTSLA
Shares sold short150.4M79.1M
Change vs prior settlement+0.1%+1.2%
Days to cover4.981.72
As of settlement2026-06-302026-06-30

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data; republishing or redistributing it is not permitted. Not presented as a percentage of float. No FINRA endorsement of this product is implied.

Insider activity (last 90 days)

Form 4 open-market activityRIVNTSLA
Buys2 ($1.00B)0
Sells7 ($1.6M)18 ($12.4M)

Open-market purchases and sales reported on SEC Form 4 (grants, exercises and tax withholding excluded). For context, about 16% of covered companies saw any open-market insider buy in a 90-day window.

Held by the same investors

7 tracked 13F managers hold both Rivian Automotive, Inc. / DE and Tesla as of their latest quarterly filings: AQR Capital Management, Citadel Advisors, D. E. Shaw, Gotham Asset Management, Millennium Management, Renaissance Technologies, Two Sigma Investments. See which superinvestors hold your own portfolio with the smart money checker.

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Data sourced from SEC EDGAR (public domain). Figures are as-reported and may be unaudited or restated; verify against the source filings before relying on them. Comparisons are descriptive (higher or lower on a reported figure), not a rating or a recommendation. Informational only. Not investment advice.