Scaringe says Rivian is still working on its months-to-years long backlog and ramping up production to meet it.

“It’s an incredibly high-cost problem to have,” he said. But he doesn’t want to get rid of it entirely. “It’s good to have some backlog.”

He questioned whether it should be six months of backlog or more like a year and a half. I heard an audible “Yiiiiick,” from a woman behind me.