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Rivian CEO RJ Scaringe said 2027 will be an inflection year for the electric vehicle maker as it scales its R2 SUV and invests in autonomy. The comments were published on November 10, 2026, as Rivian marked five years since its initial public offering. Scaringe framed the company's next stage around the R2 ramp and autonomous driving development. The sources reviewed did not include sales targets, production figures or any market reaction to the remarks.

Sources:CNBC Top News

1 outlet · 1 article · first seen Nov 10, 10:10 AM ET

What this touches in markets

Stored closes for the instruments tied to this story's tags and places, with their dates.

  • RIVN closed at 13.70, down 2.21%, on 2026-11-10. Listed for: ticker the story is tagged with.
  • XLY closed at 121.05, up 0.03%, on 2026-11-10. Listed for: Consumer Discretionary sector ETF.
  • XLY rose 0.03% to 121.05 on 2026-11-10, inside half of its own 60 session daily standard deviation. Same session, a stored story tagged Consumer Discretionary: Rivian CEO Says 2027 Will Be an Inflection Year for the EV Maker Stored for the 2026-11-10 session.

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