Rivian CEO: Trump’s EV Cuts Won’t Derail the Electric Revolution
Rivian CEO RJ Scaringe isn’t sweating President Trump’s plan to cut EV incentives. Speaking at Rivian’s new San Francisco store, Scaringe shrugged off the impact of losing the $7,500 tax credit from the Inflation Reduction Act. “I don’t think removing a $7,500 credit is going to change the end state,” he said. “The end state’s still clear. It’s still going to be electric.” Sure, the subsidies were nice, but Rivian never counted on them. Scaringe said the company’s focus has…