Rivian CEO RJ Scaringe Warns Of 'Shocking Lack Of Choice' In US EV Market, Says Only Tesla Competes Under $50K - Rivian Automotive (NASDAQ:RIVN)

Rivian Automotive Inc. (NASDAQ:RIVN) CEO RJ Scaringe has shared that the U.S. EV market is suffering from a lack of choice for consumers.Constraints At Supply Side, Says RJ ScaringeSpeaking at Fortune's Brainstorm AI event, the CEO shared that the market was grappling with supply-side issues, Business Insider reported on Tuesday. "I really think the constraint isn’t the demand side, I think it’s the supply side," Scaringe shared. He added that compared to markets like Europe and China, the U.S. EV sector ha ...