{"id":"1793617290685-tech-segment","slug":"rivian-raises-forecast-still-loses-money","title":"Rivian raises forecast, still loses money","summary":"Passkeys stored in a password manager and unlocked only with the manager's master password can function as single-factor authentication. But passkeys are not inherently single-factor: when the authenticator requires a PIN or biometric (user verification), they provide two factors — something you have (the device/credential) plus something you know or are. Security guidance says a passkey is not automatically multi-factor unless the site requests and verifies that user-verification step. This is an opinion about EV incentives and automaker strategy, not a checkable factual claim.\n\nRivian did raise its annual delivery forecast after record production at its Normal, Illinois plant, while still reporting substantial losses. The company has also been tight-lipped about details of local operations.\n\nWaymo has announced its next-generation robotaxi platform will be built on a purpose-built Toyota bZ4X electric vehicle.\n\nRivian has been the second-best-selling EV brand in the U.S. behind Tesla, outselling rivals in 2026. This is a project announcement describing a site that aggregates YouTube videos recommended in Hacker News comments. The description is self-reported and not a checkable factual claim for the show. This is a project announcement for a site that catalogs books mentioned in Hacker News comments. The description is self-reported.","publishedAt":"2026-11-02T11:01:30.685Z","channel":{"id":"tech","name":"Oncast Tech","language":"en"},"show":"Morning Brief","verification":{"status":"verified","leadVerdict":"MISLEADING","notes":"MISLEADING: Passkeys stored in a password manager and unlocked only with the manager's master password can function as single-factor authentication. But passkeys are not inherently single-factor: when the authenticator requires a PIN or biometric (user verification), they provide two factors — something you have (the device/credential) plus something you know or are. Security guidance says a passkey is not automatically multi-factor unless the site requests and verifies that user-verification step. This is an opinion about EV incentives and automaker strategy, not a checkable factual claim.\nSource: [owasp.org](https://cheatsheetseries.owasp.org/cheatsheets/PasskeySecurityCheatSheet.html) NAMES: None. POST 2116275014919999724: NOCLAIM None. NAMES: Rivian =  (https://x.com/levelsio/status/2117203383853436969)\n\nTRUE: Rivian did raise its annual delivery forecast after record production at its Normal, Illinois plant, while still reporting substantial losses. The company has also been tight-lipped about details of local operations.\nSource: [pantagraph.com](https://pantagraph.com) NAMES: Rivian = U.S. electric-vehicle maker (ticker RIVN); Normal = city in Illinois where Rivian's main factory is loc (https://x.com/Pantagraph/status/2116992275754426827)\n\nTRUE: Waymo has announced its next-generation robotaxi platform will be built on a purpose-built Toyota bZ4X electric vehicle.\nSource: [waymo.com](https://waymo.com) NAMES: Waymo = Alphabet's self-driving car/robotaxi company; Toyota bZ4X = Toyota's electric SUV. (https://x.com/techwithjoe_io/status/2116198781674791220)\n\nTRUE: Rivian has been the second-best-selling EV brand in the U.S. behind Tesla, outselling rivals in 2026. This is a project announcement describing a site that aggregates YouTube videos recommended in Hacker News comments. The description is self-reported and not a checkable factual claim for the show. This is a project announcement for a site that catalogs books mentioned in Hacker News comments. The description is self-reported.\nSource: [usatoday.com](https://www.usatoday.com) NAMES: Rivian = U.S. electric-vehicle maker (ticker RIVN); Tesla = EV maker (ticker TSLA). POST hn:50319510: NOCLAIM No (https://x.com/usatodaycars/status/2115534145078149234)","claims":[{"verdict":"MISLEADING","summary":"Passkeys stored in a password manager and unlocked only with the manager's master password can function as single-factor authentication. But passkeys are not inherently single-factor: when the authenticator requires a PIN or biometric (user verification), they provide two factors — something you have (the device/credential) plus something you know or are. Security guidance says a passkey is not automatically multi-factor unless the site requests and verifies that user-verification step. This is an opinion about EV incentives and automaker strategy, not a checkable factual claim.","sourceName":"[owasp.org](https://cheatsheetseries.owasp.org/cheatsheets/PasskeySecurityCheatSheet.html) NAMES: None. POST 2116275014919999724: NOCLAIM None. NAMES: Rivian = ","sourceUrl":"https://x.com/levelsio/status/2117203383853436969","claim":"This is correct Passkeys should be used as passwords, since they're stored in a password manager They're \"supposed\" to use biometrics, but realistically they don't, you just unlock your password manager and your passkey is stored there So passkeys are not 2FA, they're single http","author":"@levelsio (@levelsio)"},{"verdict":"TRUE","summary":"Rivian did raise its annual delivery forecast after record production at its Normal, Illinois plant, while still reporting substantial losses. The company has also been tight-lipped about details of local operations.","sourceName":"[pantagraph.com](https://pantagraph.com) NAMES: Rivian = U.S. electric-vehicle maker (ticker RIVN); Normal = city in Illinois where Rivian's main factory is loc","sourceUrl":"https://x.com/Pantagraph/status/2116992275754426827","claim":"Rivian raised its annual delivery forecast after record production in Normal, but the electric vehicle maker continued to report substantial losses and declined to provide additional details about local operations. https://t.co/Nopa6vk54q","author":"The Pantagraph (@Pantagraph)"},{"verdict":"TRUE","summary":"Waymo has announced its next-generation robotaxi platform will be built on a purpose-built Toyota bZ4X electric vehicle.","sourceName":"[waymo.com](https://waymo.com) NAMES: Waymo = Alphabet's self-driving car/robotaxi company; Toyota bZ4X = Toyota's electric SUV.","sourceUrl":"https://x.com/techwithjoe_io/status/2116198781674791220","claim":"Waymo has announced that its next-generation robotaxi platform will be based on a purpose-built Toyota bZ4X electric vehicle. https://t.co/jd1L6w0IZ7","author":"Jonathan Cecil (@techwithjoe_io)"},{"verdict":"TRUE","summary":"Rivian has been the second-best-selling EV brand in the U.S. behind Tesla, outselling rivals in 2026. This is a project announcement describing a site that aggregates YouTube videos recommended in Hacker News comments. The description is self-reported and not a checkable factual claim for the show. This is a project announcement for a site that catalogs books mentioned in Hacker News comments. The description is self-reported.","sourceName":"[usatoday.com](https://www.usatoday.com) NAMES: Rivian = U.S. electric-vehicle maker (ticker RIVN); Tesla = EV maker (ticker TSLA). POST hn:50319510: NOCLAIM No","sourceUrl":"https://x.com/usatodaycars/status/2115534145078149234","claim":"Rivian is the second-most-popular electric vehicle brand behind Tesla. Here's why it's outselling popular rivals in 2026. https://t.co/yNlIynaP2K","author":"USA TODAY Cars (@usatodaycars)"}]},"sources":[{"url":"https://x.com/levelsio/status/2117203383853436969","name":"[owasp.org](https://cheatsheetseries.owasp.org/cheatsheets/PasskeySecurityCheatSheet.html) NAMES: None. POST 2116275014919999724: NOCLAIM None. NAMES: Rivian = ","kind":"x","verdict":"MISLEADING","author":"@levelsio (@levelsio)"},{"url":"https://x.com/Pantagraph/status/2116992275754426827","name":"[pantagraph.com](https://pantagraph.com) NAMES: Rivian = U.S. electric-vehicle maker (ticker RIVN); Normal = city in Illinois where Rivian's main factory is loc","kind":"x","verdict":"TRUE","author":"The Pantagraph (@Pantagraph)"},{"url":"https://x.com/techwithjoe_io/status/2116198781674791220","name":"[waymo.com](https://waymo.com) NAMES: Waymo = Alphabet's self-driving car/robotaxi company; Toyota bZ4X = Toyota's electric SUV.","kind":"x","verdict":"TRUE","author":"Jonathan Cecil (@techwithjoe_io)"},{"url":"https://x.com/usatodaycars/status/2115534145078149234","name":"[usatoday.com](https://www.usatoday.com) NAMES: Rivian = U.S. electric-vehicle maker (ticker RIVN); Tesla = EV maker (ticker TSLA). POST hn:50319510: NOCLAIM No","kind":"x","verdict":"TRUE","author":"USA TODAY Cars (@usatodaycars)"}],"url":"https://oncast.fm/story/1793617290685-tech-segment-rivian-raises-forecast-still-loses-money","listenUrl":"https://oncast.fm/c/tech","attribution":{"publisher":"Oncast","site":"https://oncast.fm","url":"https://oncast.fm/story/1793617290685-tech-segment-rivian-raises-forecast-still-loses-money","cite":"Cite https://oncast.fm/story/1793617290685-tech-segment-rivian-raises-forecast-still-loses-money and the original source links. Fact-check by Oncast (oncast.fm)."},"hostsSaid":[{"host":"Matilda","text":"Good morning, it's Monday. Let's get to the biggest stories."},{"host":"Chris","text":"The Pantagraph reports Rivian raised its annual delivery forecast after record production in Normal, Illinois."},{"host":"Matilda","text":"Record production — that plant has finally hit its stride."},{"host":"Chris","text":"But the same report says the losses are still substantial, and local details are thin."},{"host":"Matilda","text":"So they're shipping more trucks and SUVs, just not making money yet."},{"host":"Chris","text":"Green Texan on X says EV incentives aren't needed; automakers just need compelling, affordable vehicles."},{"host":"Matilda","text":"I'd argue incentives helped Rivian and Tesla get to this point."},{"host":"Chris","text":"Maybe. But USA Today says Rivian is the second-most-popular EV brand behind Tesla."},{"host":"Matilda","text":"That's real demand, even if the bottom line lags behind."},{"host":"Chris","text":"Second in sales, first in losses — for now."},{"host":"Chris","text":"Jonathan Cecil on X says Waymo's next robotaxi will be built on a purpose-built Toyota BZ4X."},{"host":"Matilda","text":"Purpose-built means it's designed from day one for no driver."},{"host":"Chris","text":"Right, not a retrofitted car with sensors bolted on."},{"host":"Matilda","text":"And Toyota gets Waymo's self-driving tech with its electric platform."},{"host":"Chris","text":"It'll be years before these are picking up riders in big numbers."},{"host":"Matilda","text":"Perhaps, but this is Waymo committing to a real production vehicle."},{"host":"Chris","text":"The grown-up robotaxi."},{"host":"Matilda","text":"One more: a quick correction on passkeys. Levelsio on X says they \"should be used as passwords, since they're stored in a password manager.\""},{"host":"Chris","text":"Wait, I thought passkeys were the secure replacement for passwords."},{"host":"Matilda","text":"Only sometimes. If you unlock the vault with just a master password, that's one factor."},{"host":"Chris","text":"So not two-factor."},{"host":"Matilda","text":"But if the device requires a fingerprint or PIN, it's something you have plus something you know or are."},{"host":"Chris","text":"So the device check is what makes the difference."},{"host":"Matilda","text":"Right. The OWASP guidance says passkeys are not automatically multi-factor unless the site asks for that."},{"host":"Chris","text":"So the vault password is the weak link. Good to know."}]}