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Rivian Wants to Be the Next Tesla With Huge Pay Package for CEO RJ Scaringe. Should You Buy RIVN Stock?

Rivian Automotive (RIVN), the electric vehicle (EV) manufacturer best known for producing Amazon's (AMZN) delivery vans, has drawn significant scrutiny and intrigue with its decision to award CEO RJ Scaringe a potential $4.6 billion pay package over the next decade. The package is tied entirely to performance, mirroring in spirit the incentive structure that once propelled Elon Musk at Tesla (TSLA), though on a smaller scale. Under this plan, Scaringe will have the opportunity to purchase up to 36.5 milli ...