Rivian Automotive CEO Gets An Elon Musk-Style Pay Raise

Electric vehicle manufacturer Rivian Automotive, Inc. (NASDAQ:RIVN) announced a significantly revised pay package for its CEO, Robert Scaringe, much like Tesla, Inc.’s (NASDAQ:TSLA) approach to rewarding Elon Musk. RIVN stock is moving. See all the details here. The new deal could be worth up to $4.6 billion over the next 10 years and incorporates both profit goals and more attainable stock price milestones than the previous plan, according to Reuters. Read Next: Nvidia, Palantir, AMD Stocks Had A Really Ba ...