Rivian CEO Scaringe's aggressive plan to beat Tesla and Nikola with the first EV pickup and SUV
Staying private speaks to Scaringe himself. The father of three boys has spent a decade under the radar as he meticulously planned the company's strategy. That included shifting from an all-electric sports car to utility vehicles in the early 2010s.
"One of these doesn't look like the other. Rivian, they've been very quiet about it. They've been very different about than either Tesla or Nikola," said David Kudla, CEO and chief investment strategist of Mainstay Capital Management in Grand Blanc, Michigan. "If you look at those three right now, my money is on Rivian in terms of who will execute."
Recent hires have included Rod Copes, who spent 16 years at Harley-Davidson and more recently worked for motorcycle manufacturer Royal Enfield, as its chief operating officer; Matt Horton, a former chief commercial officer of electric bus maker Proterra, as an executive vice president; and Tesla veterans Charly Mwangi, a former Tesla senior director of engineering, as executive vice president of manufacturing engineering, and Cindy Nicola, Tesla's former vice president of global recruiting,...
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Nikola CEO explains the competition with Tesla - CNN VideoTrevor Milton, CEO of renewable energy-powered truck maker Nikola, explains what makes his company different from Elon Musk's Tesla and why he believes hydrogen fuel cells are important for long-haul trucking
Read more »
Republicans invite Parler CEO to rumble with Silicon Valley giantsIn a potential presage of fireworks to come, two House Republicans have asked the head of Parler to weigh in on the House Judiciary Committee’s bipartisan antitrust investigation into tech giants
Read more »
Potential COVID-19 vaccine not 'single solution' to pandemic, Johnson & Johnson CEO saysU.S. drugmaker Johnson & Johnson aims to begin clinical testing of its COVID-19 vaccine in the coming weeks and produce billions of doses in 2021, chief executive officer Alex Gorsky said on Wednesday, but cautioned that it will take more than one vaccine to rein in the virus.
Read more »
After barraging an Asian American family with a racist rant, tech CEO apologizesA tech industry CEO has apologized after he was caught-on-camera yelling racist remarks at an Asian American family celebrating a birthday at a restaurant in Carmel, California.
Read more »
Tech CEO Apologizes After Viral Video Captures His Racist Rant At Asian FamilyMichael Lofthouse, the CEO of a San Francisco-based tech company, Solid8, apologized after he was caught on camera making racist comments to an Asian family at a California restaurant by rachsandl
Read more »