Rivian CEO RJ Scaringe
Rivian CEO RJ Scaringe skirted questions on whether it has enough capital to produce its upcoming R2 vehicle.
  • Rivian CEO RJ Scaringe skirted questions on whether the EV maker has enough cash to produce the R2.
  • Scaringe told CNBC he's "confident" in the capital Rivian has through 2025. 
  • The firm posted a loss of $5.4 billion in 2023 amid slowing EV demand.

RJ Scaringe, the CEO of Rivian, appeared to avoid directly answering questions about his company's financial health after earnings missed expectations and said it plans to slash 10% of its staff.