Rivian’s Latest Updates: New Incentives, Models, and Tax Credit Insights for August

Hey everyone, DennisCW here! I’m thrilled to bring you the latest scoop on Rivian, straight from my recent video. August has dropped some exciting updates for Rivian enthusiasts, including new incentives, a fresh model on the horizon, and crucial information about the $7,500 federal tax credit. Let’s dive right in and explore what’s new with Rivian and why you might want to act fast if you’re in the market for one of these electric beasts!

New Rivian Incentives for August

Rivian has rolled out some compelling offers this month, and they’ve been shared by Chris over at Rivian’s official channels. Here’s a quick breakdown of the deals you can snag right now:

• Lease Credit of $7,500: Rivian is still advertising a $7,500 lease credit, which is a significant incentive. However, there’s a catch—this offer is subject to change at any moment, especially since the bill supporting this credit has passed the Senate but hasn’t been signed into law yet. If you’re waiting on a Rivian order, keep an eye on this, as banks like Chase could pull the plug if the credit isn’t finalized.
• Down Payment Contribution: Rivian is covering up to $6,500 of your down payment on an R1 lease. That’s a massive boost for anyone looking to get behind the wheel without a huge upfront cost.
• Trade-Up Discount: Trade in your old vehicle and save $1,500 on an R1 Dual model.
• Referral Credit: Use a Rivian referral link (like the one I’ve included below) to get a $500 credit towards your purchase.

These deals are hot, but the uncertainty around the lease credit means you’ll want to act quickly. For the latest inventory and discounts, I recommend checking out Rivian ROR, a fantastic resource for tracking Rivian deals. Sure, Rivian vehicles are often pricier than Tesla’s lineup, but with these incentives, they’re worth a look.

Introducing a New Rivian Model: R1 Quad with Tank Turn

Exciting news for Rivian fans—a new model is on the horizon! The R1 Quad is set to make waves, and it looks like it’s bringing back the much-talked-about Tank Turn feature. If you’re unfamiliar, Tank Turn allows the vehicle to rotate in place by spinning its wheels in opposite directions—a seriously cool trick Rivian debuted early on with one of their SUVs.

On top of that, leaks suggest the R1 Quad might come equipped with a NACS charger (Tesla’s charging standard), which would make charging more seamless for Rivian owners at Tesla Supercharger stations. This is a big step forward in terms of compatibility and convenience. I’m pumped to see Rivian innovating and can’t wait for more details on this model’s release.

Rivian Sales on the Rise: Outpacing Tesla in Luxury Segments

Rivian seems to be gaining serious traction in the EV market. According to recent data, Rivian’s sales in Q2 of 2025 have gone toe-to-toe with Tesla’s luxury segment, specifically the Model S/X and Cybertruck. In fact, Rivian outsold Tesla in this category during the last quarter!

While Tesla still dominates the broader EV market, this is a huge win for Rivian, especially considering they’re a newer player in the game. If you’re bullish on Rivian, these numbers are a promising sign that more buyers are choosing their vehicles. Starting from the bottom, Rivian can only go up from here, and I’m curious to see how they’ll continue to grow.

What do you think about Rivian’s progress? Are you considering one over a Tesla, or are you still hunting for a Tesla deal? Drop your thoughts in the comments—I’d love to hear from you!

Bonus: Mini Revs Giveaway—Win a Free Tesla Cybertruck Replica!

Speaking of Tesla, I’ve got something fun for you! If you’re a fan of miniature collectibles, you’ll love Mini Revs, the ultimate Tesla miniature company. These aren’t just toys—they’re insanely detailed replicas of Tesla’s cutting-edge designs. I’ve got a black Cybertruck mini on my desk right now, complete with a tiny ATV. It’s seriously cool!

Here’s the best part: Mini Revs is running an amazing giveaway this month. Use my promo code DENNIS when ordering your Mini Rev to get 10% off, and two random orders will win a free Cybertruck replica with their purchase. I checked in with Mini Revs recently, and only a few people have ordered in the past week, so your chances of winning are pretty high! Don’t miss out—head to the link below to grab yours today.

Big thanks to Mini Revs for partnering with me on this, and let’s get back to the Rivian updates.

Final Thoughts

Rivian is making some bold moves in August with juicy incentives, a promising new model, and impressive sales growth. Whether you’re eyeing an R1 with that $7,500 lease credit or hyped about the R1 Quad’s Tank Turn, there’s a lot to be excited about. Just remember, some of these deals could vanish at any moment, so don’t wait too long to make a decision.

If you’re as pumped as I am about Rivian’s direction, let me know in the comments! Are you considering a Rivian, or are you sticking with Tesla? And don’t forget to check out Mini Revs for a chance to win that free Cybertruck replica.

Thanks for reading, and I’ll catch you in the next update!

— DennisCW

Disclaimer: Some offers mentioned are subject to change based on federal tax credit approvals and leasing terms. Always confirm current deals directly with Rivian or authorized dealers.

Useful Links:

• Rivian Referral Link (for $500 credit)
• Mini Revs Website (use promo code DENNIS for 10% off and a chance to win!)
• Rivian ROR for the latest deals and inventory