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Why Rivian and Tesla's boards offered Scaringe and Musk such big pay packages
Huge compensation agreements for the CEOs of Rivian and Tesla may not be excessive even though they range from several billion to a trillion dollars, according to an expert from ISU's College of ... Read More
EV maker Rivian follows Tesla’s model with Elon Musk-style $4.6 billion pay package for CEO
Electric vehicle maker Rivian has announced a compensation plan for CEO RJ Scaringe worth as much as $4.6 billion over the next decade. This follows the model established by Tesla CEO Elon Musk's ... Read More
Rivian Takes a Page Out of Tesla's Playbook – Is it the Right Move?
While Rivian's CEO compensation package is on an entirely different scale, the young EV maker has canceled the previous performance-based award for CEO RJ Scaringe from 2021 and replaced it with a new ... Read More
Rivian plans to lay off more than 600 workers. Read the memo from CEO RJ Scaringe.
Rivian plans to cut over 600 jobs, affecting around 4% of its workforce. The layoffs come amid administrative changes affecting the electric vehicle industry. The removal of a $7,500 federal tax ... Read More
EV maker Rivian gives CEO a Musk-style pay package worth up to $4.6 billion
Rivian is granting its founder and CEO RJ Scaringe one of the largest compensation packages in corporate history — a deal that could reach $4.6 billion over the next decade. The new plan closely ... Read More
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