Rivian CEO Defends $25 Billion Cash Burn for Future Growth
Rivian CEO RJ Scaringe justifies the $25 billion spent over eight years, viewing it as a necessary investment to establish the brand and prepare for the high-volume launch of the R2 SUV.
Rivian CEO RJ Scaringe justifies the $25 billion spent over eight years, viewing it as a necessary investment to establish the brand and prepare for the high-volume launch of the R2 SUV.