Rivian Launches Referral Program To Reward Customers Who Refer Other Buyers, Similar To Tesla's Scheme

Anan Ashraf

August 30, 2024

California-based EV company Rivian Automotive (NASDAQ:RIVN) on Thursday introduced a new program aimed at rewarding U.S. customers who recommend others to buy their vehicles.

What Happened: Rivian announced the new ‘Rewards’ program on the social media platform X.

Introducing: Rivian Rewards. We're so inspired by the enthusiasm, joy and adventurousness of our owner community, and now we have a new way to say thank you. When Rivian owners invite someone to join our community, both can reap the benefits! Learn more: https://t.co/Ah4Rm2abpG pic.twitter.com/GCO2afWPxl
— Rivian (@Rivian) August 29, 2024

Rivian owners can pass on their referral code to potential customers and reap awards when they take delivery of an eligible inventory R1 vehicle. Both the referrer as well as the new buyer will get 750 points (equivalent to $750) in addition to 6 months of charging at Rivian Adventure Network sites.

The points can be used to purchase either Rivian merchandise or another inventory Rivian vehicle within two years, after which they expire. However, they cannot be used for vehicle deposits, custom vehicle configurations, reservations, or vehicle purchases outside of Rivian’s R1 Shop, the company said.

Why It Matters: Rivian’s new reward program bears resemblance to EV giant Tesla Inc.’s refer and earn program. Tesla scrapped their older referral program in April but launched a new one earlier this month aimed at rewarding customers for referring new customers.

Rivian’s rewards program is currently limited to U.S.-based Rivian owners. The company intends to launch it for Canadian owners in 2025.

Check out more of Benzinga's Future Of Mobility coverage by following this link.

Read Next:

GM To Move BrightDrop Electric Vans Under The Chevrolet Brand

Photo courtesy: Rivian

Recommended

Discover the $2 Stock That Has Institutional Attention - Ad

Don't Tell ANYONE About This Altcoin (Until It Pops)... - Ad

4 Cryptos Set to Outperform Bitcoin in 2024 - Ad

A famous election forecaster has made their final prediction on who will win the 2024 presidential election.

Betting on elections threatens confidence in voting and should be banned, US agency says

ATLANTIC CITY, N.J. (AP) — Allowing people to bet on the outcome of poses a great risk that some will try to manipulate the betting markets, which could cause more harm to the already fragile confidence voters have in the integrity of results, according to a federal agency that wants the bets to be banned.

Oil Surge Predicted...But Are You Ready?

Oil Surge Predicted...But Are You Ready? - Ad

Do you own oil and gas stocks? Or are you thinking about buying some? If so, you need to see my #1 oil play for 2024. But it's NOT oil stocks, futures, or anything you've likely heard about. Rather, it's an unusual way to potentially bank monthly income from the oil and gas markets.

Hackers demand $6 million for files stolen from Seattle airport operator in cyberattack

WASHINGTON (AP) — Hackers are demanding $6 million in bitcoin from the operator of the Seattle-Tacoma International Airport for documents they stole during a cyberattack last month and posted on the dark web this week, an airport official said Wednesday.

Harris, Trump Films To Hit Theaters Weeks Before 2024 Election: One Candidate Tried To Block Movie From Release

Movies about Kamala Harris and Donald Trump hit theaters in October. Find out the differences between the movie and why one candidate wants a ban.

America Can't Afford a Harris Presidency

America Can't Afford a Harris Presidency - Ad

New research from Jim Rickards - former advisor to the CIA - reveals shocking predictions about an "Election Meltdown" coming this November. Jim's showing all American patriots why an "Election Meltdown" could crash stocks by 50%, lead to the final demise of the dollar, even cause violent riots in the streets.

Jeff Bezos Had A Habit Of Keeping An Empty Chair For The Most Important Person In The Room At Company Meetings: This Strategy Helped The Amazon Founder Build The E-Commerce Giant We Know Today

Jeff Bezos built Amazon into an e-commerce giant by prioritizing customer satisfaction, symbolized by an empty chair in meetings representing "The Customer" as the most important person, which has significantly contributed to the company's success.

Harris-Walz Campaign Targeted By Russian Hackers, Microsoft Threat Analysis Center Notices Shift In Tactics By Attackers

Microsoft has reported that Russian cyber-influence operations are now targeting the Kamala Harris-Tim Walz campaign for the 2024 U.S. presidential election, with Russia, Iran, and China deploying disinformation tactics to affect voter sentiment.

President Trump and Elon Musk Issue Stark Warning

President Trump and Elon Musk Issue Stark Warning - Ad

Both President Trump and Elon Musk are warning about something that could send the market down 50%, real estate down 40% and savings accounts down 30%.

Scaramucci Says Melania Trump Would Prefer Kamala Harris To Donald Trump As President

Anthony Scaramucci has claimed that Melania Trump would rather see Kamala Harris win the presidency than her own husband.

Elon Musk Comments On Why They Want To Kill Trump, DeSantis Promises Florida's Own Probe

A second assassination attempt on Donald Trump was foiled by the U.S. Secret Service while he was golfing in Florida, with political figures from both parties condemning the incident and reaffirming the importance of denouncing political violence.

My TOP Altcoin for Right Now Is...

My TOP Altcoin for Right Now Is... - Ad

Searching for the top investment opportunity in crypto? Look no further. Our $3 report gives you the full scoop. You'll get this exciting token's name, our recommended investment strategy, and growth projections. Time is of the essence with this one...

Longshoremen at key US ports threatening to strike over automation and pay

Determined to thwart the automating of their jobs, about 45,000 dockworkers along the U.S. East and Gulf Coasts are threatening to strike on Oct. 1, a move that would shut down ports that handle about half the nation's cargo from ships.

UK inflation is steady at 2.2% ahead of Bank of England's next rate decision

LONDON (AP) — Inflation in the U.K. held steady at an annual rate of 2.2% in August, with higher air fares offset by lower fuel costs and restaurant and hotel bills, official figures showed Wednesday.

Man Who Predicted Trump Win Issues Shocking New Election Prediction

Man Who Predicted Trump Win Issues Shocking New Election Prediction - Ad

In 2016, surveys were giving Hillary Clinton more than 99% chance of winning right up until election night. But right before the election... Former advisor to the CIA, Jim Rickards predicted Trump would win. You won't believe what he's predicting now. And it could have huge implications for the financial markets.

Top 3 Tech And Telecom Stocks That May Rocket Higher This Quarter

The most oversold stocks in the communication services sector presents an opportunity to buy into undervalued companies.

Pagers that exploded in Lebanon and Syria were made by a company in Budapest, Gold Apollo says

TAIPEI, Taiwan (AP) — Taiwanese company Gold Apollo said Wednesday that it authorized its brand on the but that another company based in Budapest manufactured them.

Revealing Index Soars 49% - Smart Investors Are Moving In

Revealing Index Soars 49% - Smart Investors Are Moving In - Ad

The Gold Miners' Index is up 49% in recent months, surpassing even Gold's performance. Yet, ONE stand-out miner has even doubled Gold's historic rally over the last 6 months with room to run as analysts expect it to double from here! Don't miss the young company that has already captured the interest of 40+ investment banks.

California governor signs laws to crack down on election deepfakes created by AI

SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom signed three bills Tuesday to crack down on the use of artificial intelligence to create ahead of the 2024 election.

Starmer and Meloni holding talks on curbing migrant boats reaching UK and Italy

ROME (AP) — U.K. Prime Minister is meeting Italian in Rome on Monday, as the two very different politicians, from left and right, seek common cause to curb .

Silicon Valley Billionaires Are Quietly Buying Into What We Call the "Imperium" Boom

Silicon Valley Billionaires Are Quietly Buying Into What We Call the "Imperium" Boom - Ad

See why Bill Gates, Mark Zuckerberg and Peter Thiel are making huge bets on this breakthrough now.

Russian President Says Ukraine's Use Of Long-Range Missiles Would Signal That US And NATO 'Are At War With Russia'

Russia, the world's largest nuclear power, is currently revising its nuclear doctrine and considering curbs on major commodity exports.

US widens indictment of Russians in 'WhisperGate' conspiracy to destroy Ukrainian and NATO systems

BALTIMORE (AP) — The U.S. Justice Department has widened its indictment of Russians in the so-called ‘WhisperGate’ malware attack aimed at destroying computer systems in Ukraine and 26 NATO allies including the United States.

Seven Unknown AI Stocks That Could Dominate the Next Six Years

Seven Unknown AI Stocks That Could Dominate the Next Six Years - Ad

The original "Magnificent Seven" stocks generated 16,800% over the last 20 years. But now a new set of AI stocks is set to take over. Alex Green dubs them "The Next Magnificent Seven." And he's arguing that just $1,000 in each could turn into more than $1 million in less than six years.

NVIDIA, Salesforce Announce Strategic AI Collaboration: What To Know

NVIDIA and Salesforce on Tuesday announced a strategic collaboration to develop advanced AI capabilities for enterprises with autonomous agent and interactive avatar experiences. Here's what to know.

Memories of the earliest Tupperware parties, from one who was there

ALLISON PARK, Pa. (AP) — Sometimes something takes your thinking back to an isolated memory of decades ago. And without your bidding, other memories — memories of that era of your life — come flooding in.

DO NOT Make Another Trade Without Seeing This First

DO NOT Make Another Trade Without Seeing This First - Ad

Starting September 23... a huge secret of the markets could help you consistently target gains like: 126%... 245%... even 463% or more... often in 30 days or less... No matter what the market does next.

SEC Approves Major Overhaul Of US Equity Markets, Largest Reform In Two Decades

The SEC unanimously votes to adopt new rules for pricing stocks under a penny, part of a larger market reform package. Changes aim to promote competition and reduce transaction costs.

Huge payout expected for a rare coin bought by Ohio farm family and hidden for decades

TOLEDO, Ohio (AP) -- Three sisters from Ohio who inherited a dime kept in a bank vault for more than 40 years knew it had some value. But they had no idea just how much until just a few years ago.

New "Living Missile" to Replace Nuclear Missiles

New "Living Missile" to Replace Nuclear Missiles - Ad

CBS News Reports: "It's an entirely new type of weapon." The New York Times Reports: "No existing defense can stop it." And one small company is building them for the Pentagon!

Flames from massive pipeline fire near Houston subside but continue burning

DEER PARK, Texas (AP) — A flame that towered over a southeast Houston suburb had subsided Tuesday, but continued to burn following after a vehicle drove through a fence and struck an above-ground valve, officials said.

Navy officer demoted after installing unauthorized satellite dish on warship to access internet

SAN DIEGO (AP) — A U.S. Navy chief who wanted the internet so she and other enlisted officers could scroll social media, check sports scores and watch movies while deployed had an unauthorized Starlink satellite dish installed on a warship and lied to her commanding officer to keep it secret, according to investigators.

Elon Musk: Without This Company, "Civilization Will Crumble"

Elon Musk: Without This Company, "Civilization Will Crumble" - Ad

Did you know that there's an investment that will give you the opportunity to collect "royalties" every time Nvidia makes a chip? Ex-Wall Street CEO Dylan Jovine calls this "the easiest windfall from the AI revolution." Even ChatGPT founder Sam Altman says AI depends on this company's work...

Mohamed El-Erian Warns Markets Have Gone Too Far In Pricing Fed As 'Single Mandate' Central Bank, Highlights Potential Disappointment Awaiting Investors Looking Forward To Rate Cut

Ahead of the Federal Reserve's upcoming rate decision, Mohamed El-Erian has highlighted concerns about the potential for disappointing interest rate cuts due to the Fed's focus on employment.

Amazon is requiring workers to be in the office five days a week starting next year

is reverting to its pre-pandemic policy and will require corporate employees to be five days a week starting next year, CEO Andy Jassy said Monday.

Exposed: Democrats' Secret Plan to Keep Trump Out of the White House

Exposed: Democrats' Secret Plan to Keep Trump Out of the White House - Ad

Former advisor to the CIA, the Pentagon and the White House Jim Rickards just released this shocking new video exposing Democrats' secret plan to keep Trump out of the White House... Even if he wins the election. See the details and learn how to prepare... Because this could trigger the biggest constitutional crisis in our nation's history.

Stock market today: Asia shares rise moderately ahead of closely watched Federal Reserve meeting

TOKYO (AP) — Asian shares were mostly higher Wednesday as markets focused on prospects for the in more than four years.

Treasury recovers $1.3 billion in unpaid taxes from high wealth tax dodgers

WASHINGTON (AP) — The IRS has collected $1.3 billion from since last fall, the agency announced Friday, crediting spending that has ramped up collection enforcement through President Joe Biden's signature signed into law in 2022.

Why We Just Sold Half of Our Stocks

Why We Just Sold Half of Our Stocks - Ad

We've already sold all or part of 52 different stocks this year - more than any other period in our firms' history. That's because there are five cracks forming below this market that threaten us with a widespread collapse. We could see the market tumble by 50% and unemployment will triple.

Is Mayor Adams' Crackdown On Illegal Cannabis Working? NYC Council Weighs In After 1,000+ Store Closures

NYC's Operation Padlock has shut 1,000 illegal cannabis shops and boosted legal sales by 97%. City Council reviews the crackdown's impact.

Trending Now