Reported 2 days ago
Rivian CEO RJ Scaringe has indicated that Elon Musk's close relationship with President Trump could positively influence the electric vehicle (EV) industry. He noted that Musk's understanding of EV technology is beneficial as an advisor to Trump, who has previously softened his stance on electric cars after Musk's endorsement. While Trump has called for the removal of EV incentives, Scaringe believes the industry can thrive without them and sees positive prospects for EV companies amid the competition with China.
Source: YAHOO