[Rumor Risk Rating]
❌ False
**Rumor Check: Will Tesla acquire Rivian?**
Based on available public statements and the latest credible business news, the rumor that Tesla will acquire Rivian is false. Elon Musk, Tesla’s CEO, has explicitly denied any plans for Tesla to purchase Rivian as recently as October 2024, putting an end to speculation about such an acquisition[1]. Musk stated, “Tesla will not buy Rivian,” during an interview, highlighting Rivian’s continued struggle with production and operational challenges as well as the broader difficulties of competing in the automotive industry[2].
There are currently no new developments or executive communications to suggest a change in Tesla’s stance on this matter. Any recent speculation appears to be unfounded and contradicted by direct statements from Tesla’s leadership[1][2].