Scaringe: Tesla's success helps Rivian rather than hurting it
RJ Scaringe · Rivian: RJ Scaringe · Sep 12, 2022 · at 52:22
Rivian founder and CEO RJ Scaringe responds to whether he viewed Tesla's early market lead as a threat or a benefit.
0:00 / 0:38exact quote · 38.7s
720p mp4 · rendered on demand · StarZero watermark
“Earlier than us in building what I think of as a very strong brand, we saw that as a good thing, but the world needs more than just Tesla to convert those one and a half billion cars to electric and to completely remap the industry. So we, yeah, I think the world often believes that we would be rooting against them or something like that, that it's just not the truth. We, I think their success is, is good for the world. I think it's good for the, Space. We've designed products and a brand that feel and look very different than theirs. So their success and our success collectively help each other.”
quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →
More from RJ Scaringe
Scaringe: The market has a very limited supply of great EV products
“There's actually very limited supply of great EV products, and that, that may seem surprising when I say that, because there's a number of manufacturers have launched products, but when I say great EV products, products that are truly represent
A meaningful st…”
Scaringe: Rivian is at the lowest risk moment in its history
“If you're looking at our company today and look at all the challenges that we have, I would look at it and say, this is the lowest risk moment in Rivian's history. We have clear line of sight to profitability.”
Scaringe: Starting a car company from scratch yields more impact than legacy OEMs
“And what I realized is that the likelihood of me being successful starting a car company with no capital, no team, No technology, no brand no facilities, no supply chain. I actually felt the likelihood of me having impact doing that was still higher than the l…”
Scaringe: Gas cars will be rare antiques within 25 years
“So call it the next 15 to 20 years, we'll see the fleet of vehicles in the world
Essentially shift almost entirely towards electric, but you know, within, I'd say, 25 years, it would be fairly rare to see a gasoline powered car on the road.
It would be like se…”
Scaringe: Global EV adoption will require hundreds of distinct vehicle models
“I don't think we're going to end up in a world where there's one or two electric vehicles that we produce. 70, eighty million of a year that the whole world buys exactly those two or three products. I think the world needs, you know, lots of products, hundreds…”