The Rivian R2 is being compared to the Tesla Model 3, with some outlets also considering its competition with other electric SUVs, including the Tesla Model Y and the Volvo EX60. The R2's potential impact on Rivian's prospects is being discussed, with some speculation about its launch strategy and pricing. It is unclear how the R2 will perform in the market, with some outlets suggesting it may face significant challenges, while others consider it a potential alternative to Tesla models.