- Rivian CEO RJ Scaringe says the EV industry slowdown is due to an "extreme" lack of choice.
- Scaringe attributes it to a lack of variety in EV models under $50,000.
- He believes there's a demand for diverse EV designs to compete with Tesla's dominance.
https://www.businessinsider.com/rivian-ceo-rj-scaringe-explains-slowdown-ev-growth-tesla-variety-2024-7